The Second Call for Proposals within the Employment Committed SME Support Programme has been Launched!

The Second Call for Proposals has been launched within the scope of Empowering the Private Sector to Foster Social and Economic Cohesion in Türkiye (FOSTER) Project Employment Committed SME Support Programme, financed by the European Union, managed by KfW Development Bank and implemented by KOSGEB.

A total of up to EUR 30.2 million of grant support will be provided to SMEs that are operating in the project provinces, Adana, Ankara, Bursa, Gaziantep, Hatay, İstanbul, İzmir, Kahramanmaraş, Kayseri, Kilis, Kocaeli, Konya, Mardin, Mersin and Şanlıurfa. Thereby, grant support provided to SMEs under FOSTER Project will have reached EUR 65.2 million in total.

Applicant SMEs will prepare project proposals in line with the project theme of “Improving Competitiveness and Employment”. SMEs, whose project proposals are accepted, can obtain grant support up to TRY 1,000,000. Eligible SMEs will be able to use this support for personnel, machinery, equipment, molds, software and training expenses.

Within the scope of this support, at least 2.950 jobs will be created or retained. Employment of youth (under the age of 30) and women is encouraged within the programme. Support ratio is 70% of eligible personnel expenses and it will be increased to 100% of personnel expenses for the beneficiary SMEs creating employment for youth and/or women. Eligible SMEs shall apply to the programme through KOSGEB SME Information System (KBS).

The FOSTER Project aims to increase social and economic development by strengthening SMEs and promoting employment.