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Taiwan Launches Int’l Grant Scheme to Boost VR Content Production

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Taiwan has launched a grant scheme to spice up the island’s standing as a world hub for digital actuality manufacturing. It’s providing finance to initiatives co-produced by corporations established in Taiwan and internationally, however excluding these from mainland China, Hong Kong and Macau.

The three-year Immersive Content material Grant for Worldwide Joint Ventures or Co-Productions below the Taiwan Inventive Content material Company (TAICCA), an impartial company arrange by the Ministry of Tradition and the cupboard (Govt Yuan), will help initiatives in two classes, prototypes and merchandise.

These chosen within the prototype improvement class will obtain a most of NT$1 million ($33,000). Grants for challenge within the product class are capped at NT$3.5 million ($116,000).

The scheme goals to attach Taiwan corporations with counterparts exterior Larger China. Firms established elsewhere should show that they don’t seem to be “invested or managed by residents, juridical individuals, organizations or establishments from the Folks’s Republic of China,” mentioned Religion Hsu, a challenge supervisor at TAICCA.

Taiwan has a strong basis for {hardware} improvement, with tech large HTC amongst world leaders within the area of headsets.

“We’re able to be a world hub. Numerous post-production of VR movies, animation and video games has been performed in Taiwan within the final decade. What we’d like now could be authentic content material. We hope this grant scheme will assist Taiwan or worldwide groups to create authentic tales,” mentioned Hsu.

Final 12 months’s Venice Movie Pageant noticed a file eight initiatives competing within the VR part, that had been produced or co-produced by Taiwanese expertise.

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