In the recent years, biotechnology had been developed vigorously. Many countries put emphasis on agriculture technology and realize the potential of this industry. For instance, the annual output value of agriculture biotechnology had reached 14.4 billion USD in 2012, with an estimatied growth rate of 11.4% in the next 5 years. Council of Agriculture, Executive Yuan, R.O.C (hereinafter referredto as COA) have to not only look after the agricultural producers and enterprises, but also be responsible for the combination of traditional agricultural industry with emerging technologies.
With the great effort of societies and COA, Agricultural Technology Research Institute had been officially established (hereinafter refered to as ATRI). One of the duties is to promote transformation of traditional agriculture and to construct new agriculture value chain. ATRI will devote to the connection of upstream-downstream technologies and the integration of multidisciplinary. COA is promoting the industrialization of agricultural biotechnology, by subsidizing ATRI in execution of “the industrial application and promotion projects of agricultural biotechnology achievements”. The whole project is to encourage companies not only transferring the agricultural biotechnology achievements from domestic universities and research institutes, but also supporting funds for developing commodities.
According to the 1st paragraph of the 4th article from “regulations of promotion from COA of subsidization and assistance in industrial innovation”, for promoting the innovation or development of agriculture, ATRI had formulated “regulations of the industrial application and promotion projects of agricultural biotechnology achievements” and focus on 5 fields such as functional crops (including health supplements) and biotechnological care products, specialty proteins and enzymes, biomaterials, technological factory farming (including plants, animal and aquatic factory), and multi-disciplinary agriculture technological application. ATRI will assist the approved companies and provide service for the purpose of enchancing industrial competitiveness and exploit global market.