The Employment Committed SME Support Programme within FOSTER Project continues after an interruption due to earthquake disaster that hit six project provinces.

The second stage evaluation of the Employment Committed SME Support Programme within FOSTER Project will be held between May 24 and June 21, 2023. The independent committees formed for the second stage evaluation will evaluate the successful applications from the first stage.

The commencement date of implementation is August 1, 2023.

The updated Timeline of Call for Proposals is as follows;

* The commencement date of implementation for SMEs claiming they are unable to involve in support process in Hatay and Kahramanmaraş is 01.01.2024. The monitoring schedules will be determined based on the relevant commencement dates.

FOSTER Project is financed by the European Union, managed by KfW Development Bank and implemented by KOSGEB.

Due to the severe earthquakes occured in 10 cities of Türkiye on February 6, 2023, all processes have been postponed within the Employment Committed SME Support Programme, implemented within the Empowering the Private Sector to Foster Social and Economic Cohesion in Türkiye (FOSTER) Project.

Respectfully announced to the public.

FOSTER Project

Deadline for applications is 27th of January 2023 for the Employment Committed SME Support Programme as part of “Empowering the Private Sector to Foster Social and Economic Cohesion in Türkiye (FOSTER)” Project which is financed by the European Union (EU), managed by KfW Development Bank and run by KOSGEB.

SMEs operating in Adana, Ankara, Bursa, Gaziantep, Hatay, İstanbul, İzmir, Kahramanmaraş, Kayseri, Kilis, Kocaeli, Konya, Mardin, Mersin and Şanlıurfa will be supported up to 35 million Euros. Businesses will benefit from grant support up to 1 Million Turkish Liras conditional to their employment commitments.

Employment will be provided for at least 2,788 people through the support. Employment will be supported through creation and retention of formal employment. Eligible SMEs shall apply to the Employment Committed SME Support Programme through the SME Information System (KBS).

Employment Committed SME Support Programme has been launched!

Applications have been launched for the Employment Committed SME Support Programme as part of “Empowering the Private Sector to Foster Social and Economic Cohesion in Türkiye (FOSTER)” Project which is financed by the European Union (EU), managed by KfW Development Bank and run by KOSGEB.

SMEs operating in Adana, Ankara, Bursa, Gaziantep, Hatay, İstanbul, İzmir, Kahramanmaraş, Kayseri, Kilis, Kocaeli, Konya, Mardin, Mersin and Şanlıurfa will be supported up to 35 million Euros. Businesses will benefit from grant support up to 1 Million Turkish Liras conditional to their employment commitments.

Employment will be provided for at least 2,788 people through the support. Employment will be supported through creation and retention of formal employment. Eligible SMEs shall apply to the Employment Committed SME Support Programme through the SME Information System (KBS).

Employment Committed Sme Loan Finance Programme Has Been Launched

Applications have been launched for the Employment Committed SME Loan Finance Programme as part of “Empowering the Private Sector to Foster Social and Economic Cohesion in Türkiye-FOSTER” Project which is financed by the European Union (EU), managed by the KfW Development Bank and run by KOSGEB.  

Eligible SMEs located in Adana, Ankara, Bursa, Gaziantep, Hatay, İstanbul, İzmir, Kahramanmaraş, Kayseri, Kilis, Kocaeli, Konya, Mardin, Mersin and Şanlıurfa shall apply to the Interest/Profit Share Programme which will cover 40% of the financing cost of loans obtained from partner banks.

Eligible SMEs shall apply to the Interest/Profit Share Programme through the branches of the partner banks listed below:

• Denizbank A.Ş.
• Türkiye Vakıflar Bankası T.A.O.
• Vakıf Katılım Bankası A.Ş.
• C. Ziraat Bankası A.Ş.
• Ziraat Katılım Bankası A.Ş.

For the application criteria and other details:

Interest/Profit Share Subsidy Programme