TAIPEI (Taiwan News) — Google Taiwan on Thursday (July 29) inaugurated an incubator project to foster startups in Taiwan and help them expand their presence globally.

The project is part of an initiative launched in 2018 to nurture entrepreneurship and promote the digital transformation of local companies. Also involved in the campaign are seed accelerator AppWorks Ventures Co., NTU Accelerator, and the National Development Council, according to a Google Taiwan blog.

The incubator will provide assistance to startups via a three-pronged approach. Lectures featuring experts from various departments of Google will offer Taiwanese entrepreneurs insights into the latest tech trends, corporate culture, industry vibes, and overseas know-how.

Companies will also receive tailor-made mentoring to help them attain objectives through market positioning and other strategies, while the Google Cloud program will see more Taiwan-based startups gain access to financial and technical support.

Google, itself a startup-turned tech giant, has aided over 600 budding companies in the Asia Pacific since 2018, having raised a combined NT$27.9 billion (US$1 billion) in funds. In collaboration with Taiwanese academia, industry, and the central government, Google will continue to help local businesses secure a footing both at home and abroad, said Google Taiwan's general manager Tina Lin (林雅芳).