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 2020, a total of 1,940 Entrepreneurs have submitted their applications and 1,730 were approved. The total loan released amounted to NT$1,208 million and the approval rate was 89%. A total of 442 applicants were approved for loan of NT$1 million. Statistics show that the Taipei City Government Start-up Loan for Youth Entrepreneurs has a remainder NT$140 million for disbursement and young entrepreneurs are welcome to apply for it.