About FOSTER

The European Union – funded FOSTER Project: Empowering the Private Sector to Foster Social and Economic Cohesion in Türkiye aims to contribute to the empowerment of the private sector in Türkiye to increase the formal employment of Turkish citizens and foster social and economic cohesion of foreigners under temporary and international protection and increase the resilience of Turkish SMEs operating in selected 15 provinces.

Media

E-Library

The Foster Project has developed an Environment and Social Management System (ESMS) based on IFC Performance Standards, World Bank Environmental and Social Standards and KfW Development Bank Sustainability Principles in order to prevent or minimize the possible environmental and social (E&S) risks of the participating sectors.

Read More

FAQ

For your questions and answers on FOSTER Project.

Read More

Total SME
Support Amount

35,000,000

At least 2.788 formal employment positions retained or created for Final Beneficiaries (at least 50% being foreigners) and 697 businesses

Total Interest/Profit Share
Support Amount

30,000,000

At least 3.000 formal employment positions retained or created for Final Beneficiaries (at least 50% being foreigners) and 1.500 businesses

Total Number of SMEs to be Supported

2.197

 

Total Number of Employment to be Created/Retained

5.788

 

sanayi_logo_v2_en
kosgeb_logo_v2
kfw_logo_v2

This website was created with the financial support of the European Union. The content is the sole responsibility of KOSGEB and does not necessarily reflect the views of the European Union.