SMEs have shown great interest to Employment Committed SMEs Support Programme, implemented under Empowering the Private Sector to Foster Social and Economic Cohesion in Türkiye – FOSTER Project.
Within the scope of the programme, applications had started on December 26, 2023, SMEs submitted their proposals on the following subjects with the main theme of “Improving Competitiveness and Employment”:
- Capacity Building (human resources, machinery, equipment, etc.)
- Increasing market share
- Product development and diversification
- Increasing the added value of the product
- Digitalization
- Increasing energy efficiency
- Transition to green production (recycling/recovery and collection/separation activities etc.)
- Business-to-business (B2B) transactions
According to the calendar of the Call for Proposals, the first evaluation process of submitted proposals for the Programme has begun and accepted proposals will be announced on April 27 – 28, 2023
Personnel, machinery, equipment, molds, software and training expenses support will be provided to accepted project proposals within the Programme.
Eligible SMEs can obtain grant support up to 1 million Turkish Liras depending on their employment commitment. Employment will be supported for at least 2,788 people through the grant support for SMEs located in Adana, Ankara, Bursa, Gaziantep, Hatay, İstanbul, İzmir, Kahramanmaraş, Kayseri, Kilis, Kocaeli, Konya, Mardin, Mersin and Şanlıurfa. Employment will be supported through creation and retention of formal employment.
Employment Committed SMEs Support Programme is run under the FOSTER Project which financed by the European Union (EU), managed by the KfW Development Bank and implemented by KOSGEB.