[Taiwan Immigrants’ Global News Network] In order to give the public more business prospects as the epidemic slows down and many industries recover quickly, the "2023 Taipei International Chain and Franchise Spring Exhibition" was held at Taipei World Trade Center Hall 1 last week. This time, in addition to Taiwan's top 100 chains, More than 250 foreign brands from Singapore, Malaysia, Thailand, the Philippines, Vietnam, Japan, and other countries were drawn to Taiwan in addition to the collection of brands in order to take part in the exhibition and research the Taiwan market.
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More than 250 foreign brands from Singapore, Malaysia, Thailand, the Philippines, Vietnam, Japan, and other countries were drawn to Taiwan in addition to the collection of brands in order to take part in the exhibition and research the Taiwan market.Photo provided by ACFPT
The top fast food chain in the Philippines, Jollibee, took part in the franchising expo as well. The chain franchising environment in Taiwan is quite good, according to Jollibee, which has more than 900 locations worldwide. The government has also started several counseling and subsidy initiatives. Jollibee is quite upbeat. The company's corporate office is also seriously considering building a branch in Taiwan soon to serve the Taiwanese market.
According to the director of Department of Economic Development, Taipei City Government, "StartUP@Taipei" was specifically established by the Department of Economic Development as a one-stop shop for businesses in need of resources for capital marketing and an exceptional investment environment. Franchisees will also have the finest financial support possible thanks to the latest "363 Revitalization Financing Project," which will cover the funding demands of small and medium-sized businesses.
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More than 250 foreign brands from Singapore, Malaysia, Thailand, the Philippines, Vietnam, Japan, and other countries were drawn to Taiwan in addition to the collection of brands in order to take part in the exhibition and research the Taiwan market.Photo provided by ACFPT
According to estimates, small and medium-sized businesses would be able to request for loans up to NT$ 3 million dollars starting on February 15th, and Department of Economic Development will pay the interest for a period of six months. The maximum application amount for the "Taipei City Youth Entrepreneurship Loan" (北市青年創業貸款) is NT$1.2 million dollars. Loans benefit from a three-month grace period, a simple application process, full interest subsidies, and quick evaluation.
The chain franchise digital platform that the organization has been working on for almost a year will also be formally introduced this year in terms of digital transformation. The public can choose to launch a business on a high-quality entrepreneurial platform by choosing exceptional chain franchise brands that are highlighted by clearer, more transparent information and a fair, unbiased, and headquarters certification selection process.
