Skip to Content
Siemens Technology to Business Centers (TTB), Intel and the Taiwan Ministry of Economic Affairs co-ran a startup showcase Summit - the APEC Accelerator Network Summit 2014 on August 6 and 7 in Taiwan, attracting executives, investors and innovators to participate.
This year, for the first time, TTB Shanghai expanded the New Ventures Forum by organizing it into the APEC Accelerator Network Summit, aiming to reach more startups from a wider region.
The APEC Accelerator Network Summit provided startups the chance to showcase their products and services in front of experienced executives, investors, and innovators. Their innovative and creative solutions address global emerging issues under the megatrends. After running over the course of five months, 34 companies from 16 economies stood out among over 100 startups from 18 Asia-Pacific economies, and were shortlisted for the finals held in Taipei from August 6 to 7.
Erdal Elver, President and CEO of Siemens Taiwan, gave the opening remarks. Elver said, "Siemens is looking for potential technologies in the marketplace and to invest and nurture start-ups that feature these innovative technologies. Our business network, global market roadmap, and production capacity can help these start-ups enter the international market, and this offers greater opportunities to bring the innovative technology of start-ups to the world."
Following that, Dr. Rudolf Freytag, CEO of Siemens CT Innovative Ventures, delivered a keynote speech. He shared with around 300 participants his insights of innovation and new opportunities under the four megatrends. Dr. Sven Scheuble, global head of TTB, joined Steve Chen, co-founder of YouTube in a panel discussion on Smart Globalization & Cities of Tomorrow. Dr. Scheuble, Joerg Kloth from Siemens Industry, and Madeline Song from Siemens Venture Capital, took the role of final judges together with many notable executives including Jeff Hoffman, co-founder of Priceline, and Dr. Harold Raveché, President of Innovation Strategies International, LLC.
The Summit provides startups and Small and Medium Enterprises (SME) with opportunities to scale up and grow their businesses, and three selected teams will also join the Siemens Global New Ventures Forum to be held in Silicon Valley in October. The winners are:
Shih-Ping Liou, General Manager of TTB Shanghai, said, “This was a fantastic event. It really showed how much potential there is in the Asia Pacific region. This area is growing so fast and we do have innovative talents here. It’s rewarding for large companies like Siemens and Intel to share their knowledge and help these SMEs to grow. Hopefully any collaboration and exchange that result from this Summit will benefit everyone.”