Application information about “Taipei City Government Start-up Loan for Youth Entrepreneurs” for January 2017!
The “Taipei City Government Start-up Loan for Youth Entrepreneurs” of which the interest is fully subsidized by the Taipei City Government has a credit guarantee fund amounting to NT$ 1.35 billion. It is open for application starting from April 26, 2011. As of the end of January 2017, a total of 1,317 SMEs have submitted their applications and 1,181 were approved. The total loan released amounted to NT$811 million and the approval rate was 90%. A total of 290 applicants were approved for loan of NT$1 million. Calculations show that the Taipei City Government Start-up Loan for Youth Entrepreneurs has a remainder NT$530 million for disbursement and young entrepreneurs are welcome to apply for it.