The Small and Medium Enterprise Administration (SMEA) under the MOEA, the Ministry of Economic Affairs, has recently handed to 14th Rising Star Award to 11 local companies, which were selected out of 59 SME nominees in the biotech, transportation, machinery, and information technology sectors. Lin Mei-hsueh, deputy director-general of the SMEA said: "These selected companies all have good operations in Taiwan and outstanding performance in exports. We hope they will grow bigger in the future."
The 11 SMEs are Win Ton Plastics Industry Co., Taiwan Express Co., Bothhand Enterprise Inc., Sunny Castors Co., Accutex Technologies Co., Kai Mei Plastic Machinery Co., Vision Wide Tech Co., Innovation & Infinity Global Co., Kiddie''s Paradise Inc., GeneReach Biotechnology Corp. and Synmax Biochemical Co.
Now in its 14th year, the Rising Star Award has been given to 224 SMEs since 1998, with 30 percent of them expanding. SMEA reported that there are 1.24 million SMEs, represent 97 percent of the total number of companies in Taiwan. SMEs are businesses with capital of less than NT$80 million or with fewer than 200 employees.
~Adopted from www.computex.biz & the China Post