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Phoenix Micro-Business Start-up Loan raised the maximum loan amount to NT$ 2 million
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Workforce Development Innovation Center

Subtitle

1、 Increase loan amount: maximum loan amount increases from NT$ 1 million to NT$ 2 million. 2、 Increase application frequency of the loan: If venture capital is needed before paying off the first application loan amount, applicants can apply for the loan twice.

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2020-02-03


Benefits for startups! The “Directions for Phoenix Micro-Startup Loans” were amended and issued by the Ministry of Labor (MOL) on 19th April, 2019, to increase the loan amount up to NT$2 million and increase the application frequency to 3 times.

 

Amendments are as following:

  1. Increase loan amount: maximum loan amount increases from NT$1 million up to NT$2 million.
  2. Increase the application frequency: If venture capital is needed before paying off the first application loan amount, applicants can apply for the loan twice.

To assist women at the age of 20 to 65, middle-aged citizens, and residents of offshore islands with venture capital needs, Workforce Development Agency (WDA) launched Phoenix Micro Start-up Loan that comes with free business startup courses as well as professional consulting services to provide guidance and support through the stages of starting a venture. Learn more about the Phoenix Micro Start-up Loan on its website: http://beboss.wda.gov.tw/, where you can also sign up for business startup classes and apply for consultant services. Or, you may call our service line 0800-092-957 for more information.