We welcome teams that are:

1. Startups, juristic persons, academic research institutions, and individuals that plan to collaborate with Taiwan’s semiconductor chip design and manufacturing industry. Applicants must meet the following criteria:
   • Participants entering as companies must be startups that were established within 8 years from the date of registration. However, this does not apply to non-corporate entities, academic research institutions, or individuals.
   • Startups, individuals, juristic persons, organizations, other institutions from China (including Hong Kong, Macau) and the companies they invest into in a third area, are not eligible for the IC Taiwan Grand Challenge.
   • The invested companies in a third area mentioned in the preceding paragraph refer to the individuals, juristic persons, organizations and other institutions from China (including Hong Kong, Macau), and in one of the following situations:
     • Directly or indirectly holding the shares issued by a company in a third area or the total contributing amount exceeding thirty (30) percent.
     • Having the controlling power over the companies in a third area.
2. The participant must own the intellectual property rights of the product, technology or solution or have obtained legal licensing access.
3. The participant must provide concept paper (for initial review) and deliver a presentation (for secondary review) within the designated time. The content of the concept paper includes the core technology, situations that have been solved or verified so far, the business model to be developed, market expansion plans, etc. The participant must submit a pitch video of no longer than 3 minutes, along with other supporting materials.
4. Participants who have previously won awards in the IC Taiwan Grand Challenge are not eligible for rewards in this competition. However, this restriction does not apply if the project leader is different from the one in the previous competition, especially for legal entities or academic research teams.