Ten cultural and creative micro-enterprises with investment potential have been selected to enter the final round of a business contest organized by the Ministry of Culture.
A total of 72 Taiwanese cultural and creative businesses registered to take part in "The Angel's Draft,” a Ministry initiative that aims to provide micro-enterprises with resources and such assistance as venture capital and professional consultations as part of the government's policy to foster cultural and creative industries.
The ten finalists have been invited to attend a cultural and creative carnival organized by the Ministry on May 28 at the Huashan 1914 Creative Park, where they will meet face-to-face with potential investors to discuss their entrepreneurial ideas. The three micro-enterprises with the most investment potential, to be selected by a panel of investors, will then be announced at the end of the carnival.
In the order their applications were received, the ten finalists of the 2013 Angel's Draft are:
"The Angel's Draft” contest assists the winning micro-enterprises in signing a letter of investment intent with willing investors. These investors will also become business consultants who to help enhance the profit models and fund-raising abilities of such micro-establishments.