Venture Capital Investment

Venture Capital Investment is one of the National Development Fund's main equity routes in Taiwan. It sits under the Executive Yuan's sovereign investment fund and extends the NDF's mandate to back strategic industries through capital placement rather than grant funding. The program is designed to bring private venture finance into Taiwan's innovation economy. The route works in two ways: the NDF makes limited partner commitments to venture capital funds, and it also makes direct equity investments in new ventures in key industries. It is a rolling program with Taiwan-only eligibility, Chinese-language documentation, and no public award cap listed in the structured record. The instrument is equity, so applicants are looking at investment capital rather than debt or subsidy. This program is strongest for ventures and fund managers that already fit a private-market investment model and can point to a strategic industry role in Taiwan. The NDF is not acting here as a broad grant maker; it is building a capital stack around companies and funds that can absorb equity investment and scale with it.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.