This post originally comes from TechOrange, a tech blog based in Taipei and was written by James Hill of iii.org.tw. Thank you James!

Leading figures from the entrepreneurial communities in Silicon Valley, Europe, and Taiwan descended on Microsoft’s Taipei offices last Friday to find out which five teams had made it through to the inaugural batch of Startup Labs, the new global initiative spearheaded by Clint Nelsen, co-founder of Startup Weekend and Arkady Moreynis, a prominent Internet entrepreneur and investor from Russia.

The 22-day acceleration program awards teams 1,000,000 NTD (~US$30,000) in exchange for 8% of company equity. Here’s what you need to know about the teams who stood out during the rigorous selection process:

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Jason Lim

Jason is an Australian born Chinese living in Beijing, specializing in entrepreneurship, start-ups and the investment eco-system in China, especially in the tech and social area.