• New Taipei

InnoSquare Joins Forces with the UK and Thailand

Yesterday, InnoSquare held its 6th Demo Day, where startup teams presented the progress and results of their work. InnoSquare signed MOUs with Strodtbeck & Company, a startup consultant in the UK, and NSTDA, a business incubator from Thailand. In total, InnoSquare has formed alliances with five international startup entities.

Ten startup teams gave presentations on Demo Day. Bananny serves as a platform that matches parents with legal and professional nannies and babysitters. Having received assistance from practicing professionals, Bananny established channels for marketing and built connections with relevant businesses through InnoSquare, such as toy manufacturers, offering greater business opportunities for the future.

Kao Yu-Hsuan, the founder of Bananny, used to work at an accounting firm. Kao noticed that during busy seasons when overtime was necessary, her double-salary family coworkers found it difficult to find nannies on short notice. She also realized that many working moms had to change jobs or simply quit working to take care of their children. Kao felt that sacrificing one’s career for childcare is a pity, and recognized the dire need for a platform that matches parents and nannies.

Kao stated that all nannies registered on Bannany are certified professionals. The platform also connects the parents and nannies via LINE to facilitate real-time communication. Furthermore, Bannany is the first platform that offers matching for babysitters.

Currently, Bananny is planning to collaborate with the Department of Infant and Child Care, National Taipei University of Nursing and Health Science in starting training courses and in increasing co-reading services in the future.

Mr. Yeh Huey-Chin, Deputy Mayor of New Taipei City, represented New Taipei City in signing the two MOUs. Mr. Yeh stated that Strodtbeck & Co. is a professional consultant from the UK that is centered on providing startup plans, development roadmaps, and global strategies, whereas NSTDA is a business incubation center and a member of Thailand’s National Science and Technology Development Agency that comprehensively incubates startups built on early phase technology.

In addition, InnoSquare formed alliances with Founders Space from Silicon Valley, Singapore’s Infocomm Investment, and Malaysia’s TinkBig Venture. This year, TinkBig Venture will expand its collaboration with InnoSquare and inject USD $1 million as seed capital to fund teams under InnoSquare.