KOSGEB Support for Entrepreneurs

Small and Medium Enterprises Development and Support Administration ( KOSGEB ), which works intensively to develop entrepreneurship and increase investments in Turkey, frequently provides support for entrepreneurs and investors. Although each of the KOSGEB Supports has different conditions, the general aim is to provide support for businesses that can create employment. In this article, altitudementor.com will discuss the KOSGEB support for enterpreneurs.

KOSGEB Support for Entrepreneurs

Entrepreneurship in Turkey has increased significantly in recent years. It now provides important support through KOSGEB Provincial Directorates located in every part of the country. Some of this support is provided entirely as a grant, that is, non-refundable. Some supports are repayable; of course, some have interest, while others are interest-free. Conditions are different for each support provided by KOSGEB.

The top 15 types of support that can be received from KOSGEB are as follows:

1. ENTREPRENEURSHIP SUPPORT PROGRAM

Currently, applications for support for this program have been suspended. However, with the latest statement made by the Minister of Industry and Technology Mustafa Varank, it is planned to reopen shortly. Therefore, we are waiting for details regarding this support to be updated. We will convey it as soon as the conditions are clarified.

2. TO TRADITIONAL ENTREPRENEURS – REAL PERSONS

It is a non-refundable support of up to 60 thousand lira. To apply for support, the business must have been opened within the last 1 year. To receive support from the program called “Traditional Entrepreneurs”, you must be a company open as a Real Person. Support is provided to this company under the following headings;

3. FOR TRADITIONAL ENTREPRENEURS – CAPITAL COMPANY

It is the support provided by KOSGEB’s “Traditional Entrepreneurs” support program for those with Capital Company Status. Support can be received up to a maximum of 60,000 lira. To benefit from the support, the company must be established at least 1 year before the support application.

Payments are made under many headings through support. These;

4. FIXED INVESTMENT SUPPORT

KOSGEB, which intensively supports successful businesses, also provides fixed investment support to businesses within the scope of support. Through the Fixed Investment Support within the scope of the entrepreneurship support program, 100,000 TL support is provided for the purchase of machinery, equipment, and software as repayments.

5. İŞGEM SUPPORT

It is the support provided through the Business Development Center for the establishment and operating expenses of businesses. Critical support is provided within the scope of the program. These supports are as follows:

6. DOMESTIC FAIR SUPPORT

If you plan to participate in a domestic fair for your business, you can receive the support of 50 thousand liras within the scope of KOSGEB’s Business Development Support Program. To benefit from the support, your SME must be registered with KOSGEB.

7. FOREIGN BUSINESS TRIP SUPPORT

If you are planning to open your business abroad but have financing problems, KOSGEB comes into play. Through KOSGEB, you can benefit from the support of up to 20 thousand liras for your business trip abroad. Of course, you need to be registered in the KOSGEB database.

8. QUALIFIED PERSONNEL SUPPORT

Especially if you have a production business and are having difficulty finding the qualified personnel you are looking for, KOSGEB supports your business in this context. You can apply for 50 thousand lira support for Qualified Personnel Employment Support by applying to KOSGEB. Moreover, suppose the qualified personnel you are looking for is a new graduate, a woman, a disabled person, a first-degree relative of a martyr, or a veteran. In that case, the support is increased by 20 percent.

9. EDUCATIONAL SUPPORT

It is the support you can receive from KOSGEB to provide training to your business personnel. The upper limit of support is 20 thousand lira.

10. ENERGY EFFICIENCY SUPPORT

If you want to improve your business in energy efficiency, KOSGEB supports your SME in this case too. In this way, you can both receive support of 35 thousand lira and reduce the energy costs of your business thanks to energy efficiency.

11. DESIGN SUPPORT

It is among the most frequently applied support by businesses from KOSGEB. It is the support that production-based businesses can receive for new product designs. The upper limit of support is 25 thousand lira.

12. INDUSTRIAL PROPERTY SUPPORT

If you are experiencing financial problems with the patent and copyright of this product when you create a new product, KOSGEB supports your business in this case as well. The upper limit for Industrial Property Rights Support, which businesses registered with KOSGEB and whose declaration is up to date can apply for, is 18 thousand liras. However, for businesses that can obtain documents from TSE and TURKPATENT, the upper limit increases to 30 thousand liras.

13. TEST AND ANALYSIS SUPPORT

Tests and analyses to be carried out in businesses for various purposes are also supported by KOSGEB. The upper limit of the support program prepared by KOSGEB regarding the issue is 30 thousand liras.

14. TEKNOPAZAR

It is a special support program for technology-related SMEs. KOSGEB provides the said support; It was prepared for SMEs developing technological products or services in Turkey. Within the scope of the program, support is provided for up to 100 thousand liras for the promotion organizations of technology companies abroad and up to 50 thousand liras for their domestic promotions. Moreover, these supports are 100 percent non-refundable.

15. R&D INNOVATION SUPPORT

It is a program that supports science and technology-focused SMEs. Within the scope of the program, up to 750 thousand liras of support is provided, prepared with an R&D and Innovation-based business plan. Each support has a separate title. The titles and support amounts are as follows:-