Timeline of Call for Proposals is Updated Within Employment Committed SME Support Programme!

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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;

 

Timeline
Activities Date
Announcement of Call for Proposals 26.12.2022
Application 26.12.2022-27.01.2023
First Stage Evaluation 30.01.2023-08.05.2023
Administrative Check 09.05.2023-18.05.2023
Corrections by Applicant SMEs 19.05.2023-21.05.2023
Final Administrative Check 22.05.2023-23.05.2023
Second Stage Evaluation and Announcement of Second Stage Scores for Objections 24.05.2023-21.06.2023
Application for Objections 22.06.2023-23.06.2023
Reassessment 26.06.2023-12.07.2023
Board Evaluation for the Eligible Objections 13.07.2023-26.07.2023
Ranking and Awarding 27.07.2023-31.07.2023
Implementation Start 01.08.2023*
First Monitoring Period 01.12.2023
First E&S Monitoring Period 01.12.2023-01.02.2024
Second Monitoring Period 01.04.2024
Third Monitoring Period 01.08.2024
Fourth Monitoring Period 01.12.2024
Second E&S Monitoring Period 01.08.2024-01.10.2024
Closure of SME Support Mechanism 01.03.2025

* 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.

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.

International Women’s Day

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The inspiring journey of Pınar Sabur, one of the women dreaming of standing on their own feet and becoming an entrepreneur, on her way to becoming one of the biggest paper cup manufacturers in Kayseri…

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.

Due to the Earthquake Disaster in Türkiye, All Processes Have Been Postponed Within the Employment Committed SME Support Programme

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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

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.

Thanks To SMEs For Showing Great Interest To Employment Committed SMEs Support Programme!

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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.

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.

Outstanding Interest From SMEs to FOSTER Project Information Meetings

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SMEs have shown great interest to information meetings held in 15 provinces within the scope of Empowering the Private Sector to Foster Social and Economic Cohesion in Türkiye (FOSTER) Project.

More than 1,000 SMEs representatives attended the information meetings held in Adana, Ankara, Bursa, Gaziantep, Hatay, İstanbul, İzmir, Kahramanmaraş, Kayseri, Kilis, Kocaeli, Konya, Mardin, Mersin and Şanlıurfa.

The details of the Employment Committed SME Support Programme and Employment Committed SME Finance Support Programme were shared with participants. SMEs’ representatives addressed their questions about code of practice and conditions of projects to experts during the meetings.

Within the scope of Employment Committed SME Support Programme, a total of up to EUR 35 million of grant support will be provided to at least 697 businesses. Employment will be supported for at least 2,788 people through creation and retention of formal employment.

The other component of the Project, Employment Committed SME Finance Support Programme provides support for financing costs of loans for at least 1,500 SMEs in return of creation and retention of formal employment for at least 3,000 people.

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

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.

Deadline for applications to SME Support Programme is 27th of January!

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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).

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.

Foster Project Meets SMEs At Information Meetings!

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Information Meetings within the scope 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, continue in project provinces.

Information Meetings that started in Ankara continued in Konya, Gaziantep, Mardin, Kilis, Şanlıurfa, Kahramanmaraş, İstanbul, Bursa, İzmir, Kocaeli and, Kayseri.

Hundreds of SMEs showed interest in meetings where Employment Committed SME Finance Support Programme and Employment Committed SME Support Programme were explained.

SMEs’ questions about the programmes were answered by the specialists during the meetings.

Information Meetings will continue at the following places and dates:

Date Province Meeting Venue Time
16 January 2023 Adana Adana Chamber of Industry 13:30
17 January 2023 Mersin Mersin Chamber of Commerce and Industry 13:30
18 January 2023 Hatay Anemon Hotel 13:30

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.

Employment Committed SME Support Programme Has Been Launched!

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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).

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.

Employment Committed SME Loan Finance Programme Has Been Launched

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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

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.

Foster Launch Event – Video

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FOSTER project, which came to life with the Grant and Project Implementation Agreement signed on January 13, 2021 between the Ministry of Industry and Technology and the KfW Development Bank, was introduced to the stakeholders with an opening ceremony held in Şanlıurfa on February 23, 2022.

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.