Assisting female entrepreneurs has become an important issue worldwide. Our government is also devoted to designing a mechanism to provide counseling services for female entrepreneurs, the most prominent case being the “Phoenix Micro Funds for Entrepreneurial Women.” Since its implementation in 2007, Pintung County had already witnessed many successful cases, but there were also cases that did not make it. The causes of a case to succeed and to fail were to be discussed. Since the policy is still being implemented, the analysis made in this study was performed via process evaluation. The background and the implementation process of the Phoenix project was investigated through literature review¸ in-depth interviews and observation, and analysis of the impacts of the implementation process on the outcome. It was discovered in this study that successful applicants are all financially sound, and that their aims include acquiring a capital turnover and practicing ego ideal. Policy advocacy is done mainly through internet-based channels, supplemented with propaganda agencies and newspapers and magazines. Writing a business plan presents a major challenge to the applicants, and though the administrative unit would never write it in place of the applicants, they do provide one-to-one assistance. Executives and consultants are praised by the applicants for empathizing with them. Bank loan application training and insufficient information, on the other hand, are the most criticized areas. Thus, coordination among policy organizers is not to be ignored. Problems in financial credit and business operations are the leading causes for those that fail the Phoenix micro-entrepreneur application. The business conditions of the successful individuals interviewed are fine now, but whether the situations are sustainable is yet to be determined. Successful applicants all believed that the policies were helpful in providing financial support after their undertaking, but thought that the procedure for the release of funds was lengthy and slow. The periodical shopping guide printed by the Council of Labor Affairs regularly advertises the successful applicants free of charge. The CLA sometimes recommends these applicants for television or magazine interviews. But it would be even more pleasing if the CLA actively follow the condition of applicants up.