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๐Ÿ‡น๐Ÿ‡ผ Taiwan /Economy & Trade

Taipei Market Opens Doors for Young Entrepreneurs with Rent-Free Stalls and Support

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Taipei's Youth Bureau launched a program to support young entrepreneurs in the Xingan Market, offering 12 dedicated stalls.
  • The initiative provides incentives like three months of free rent and free decoration, alongside branding and marketing support.
  • The program aims to attract diverse businesses such as food, lifestyle goods, and cultural services to complement existing market vendors.

Taipei's Youth Bureau is actively fostering entrepreneurship with its "City Youth Reporting! Traditional Market Youth Entrepreneurship Guidance Program." The first phase targets the Xingan Market in Zhongzheng District, releasing 12 exclusive stalls for young entrepreneurs.

This initiative significantly lowers the barrier to entry for young people looking to establish a physical presence. Key incentives include three months of rent-free operation and no decoration costs. Beyond financial support, the program integrates resources for brand visual identity design, marketing promotion, and entrepreneurial consulting, helping brands transition from online to the streets of Taipei.

The Xingan Market's youth entrepreneurship zone will focus on categories like "light catering," "style selection," "cultural promotion," and "fashion beauty." The bureau hopes to attract young brands that differ from traditional market offerings, creating a complementary relationship with existing vendors and enriching the market with diverse consumer experiences driven by youthful creativity.

Young entrepreneurs want to open stores, and don't have to worry about rent or decoration!

โ€” Taipei City Government Youth BureauThe Taipei City Government Youth Bureau describes the benefits of the new entrepreneurship program.

Professional design teams will unify the visual identity of the youth zone, providing custom signage, stylish curtains, and work aprons to help entrepreneurs create distinct brand storefronts. The market will also feature new communal dining and rest areas, transforming Xingan Market into a hub where young brands can establish themselves, interact, and connect with local life.

Youth Bureau Director Zhou Yixi stated that young entrepreneurs face challenges beyond costs, including customer engagement, sales, and market operations. To address this, the bureau has assembled a "Star Mentorship Team." This team includes Xu Tingxuan, founder of "Sophie's Baked Custard," a multiple award-winner with extensive market experience, and other professionals skilled in regulations and stall layout. They will guide young entrepreneurs from concept to operation, offering practical advice to help their brands thrive in the market.

Young people entering traditional markets to start businesses, in addition to costs such as rent and space, also need to be familiar with customer operations, product sales, and market operations.

โ€” Zhou YixiZhou Yixi, Director of the Youth Bureau, explains the challenges faced by young entrepreneurs in traditional markets.
DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.