Application information about “Taipei City Government Start-up Loan for Youth Entrepreneurs” for May 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 May 2017, a total of 1,378 SMEs have submitted their applications and 1,242 were approved. The total loan released amounted to NT$852 million and the approval rate was 90%. A total of 306 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$490 million for disbursement and young entrepreneurs are welcome to apply for it.