In Taiwan, the Ministry of Economic Affairs’ Small and Medium Enterprise and Startup Administration led a delegation of 33 startups to participate in the InnoVEX 2026 trade show, which is taking place in Taipei City until June 5. This event underscores the Taiwanese government's commitment to fostering domestic startups and creating new business opportunities. The SMESA pavilion highlights Taiwan's innovative capabilities in various fields, including artificial intelligence applications, sustainable health technology, and deep technology. The event has attracted business representatives and investors from regions such as North America, Central and Eastern Europe, and Northeast and Southeast Asia, with a notable interest in biomedical technology. On June 2, during the trade show, the SMESA organized the Top Tier Pitch & Panel, an international fundraising activity that featured a one-on-one matchmaking session and a pitch session. Ten Taiwanese startups from sectors like AI and semiconductors presented their ideas to ten corporate venture capital firms from Japan, Singapore, South Korea, and the United States. This initiative aimed to facilitate investment opportunities and foster international collaboration among startups. The significance of the event was further highlighted by the signing of two memorandums of understanding (MOUs) on June 3. One MOU was signed by G. J. Lee, the Director General of the SMESA, and Sandra Watson, the president and CEO of the Arizona Commerce Authority. This agreement is designed to enhance cooperation between Taiwan and the U.S. through policy exchanges, ecosystem links, and business visits, ultimately promoting market expansion and collaboration among investors, incubation centers, and accelerators for startups from both regions. The second MOU involved Taiwan Startup Terrace, Taipei Co-Space, the Hsinchu County-based accelerator Mighty Net, and the Arizona Commerce Authority. This agreement aims to introduce local accelerators and innovation resources to Taiwan while facilitating the establishment of startup branches. The MOUs are expected to strengthen the startup ecosystem links between Taiwan and the U.S., and the SMESA has expressed its commitment to leveraging global resources to assist Taiwanese startups in expanding their international market presence.