Republic of Turkey SME Development-KOSGEB

KOSGEB, short for the Small and Medium Enterprises Development Organization of Turkey (Küçük ve Orta Ölçekli İşletmeleri Geliştirme ve Destekleme İdaresi Başkanlığı), is a government agency in Turkey that provides support, incentives, and programs to promote the development and growth of small and medium-sized enterprises (SMEs) in the country. KOSGEB offers various programs and services to assist entrepreneurs and SMEs at different stages of their business ventures. Some of the key programs and services provided by KOSGEB include:

1. **Financial Support:** KOSGEB provides financial support to eligible SMEs through various programs, including grants, loans, and non-refundable incentives. These financial resources can be used for a wide range of purposes, such as investment in technology, research and development, capacity expansion, and marketing.

2. **Training and Consultancy:** KOSGEB offers training programs, workshops, and consultancy services to help entrepreneurs and SME owners improve their business skills, management practices, and overall competitiveness.

3. **Entrepreneurship Support:** KOSGEB supports aspiring entrepreneurs in starting their businesses by offering training, mentorship, and financial assistance through entrepreneurship support programs.

4. **Innovation and Technology Development:** KOSGEB encourages innovation and technology adoption among SMEs by providing incentives for research and development activities, technology investments, and innovation projects.

5. **Export Promotion:** The agency promotes the internationalization of Turkish SMEs by offering export-oriented programs and financial incentives to support businesses in entering foreign markets.

6. **Quality and Standardization:** KOSGEB assists SMEs in improving the quality and standardization of their products and services, which can enhance their competitiveness in both domestic and international markets.

7. **Access to Finance:** KOSGEB collaborates with financial institutions to facilitate SMEs’ access to credit and financing options, making it easier for them to fund their growth and development initiatives.

8. **Start-up Support:** KOSGEB provides support to start-ups and innovative business ideas through various funding and incubation programs, helping them turn their concepts into viable businesses.

9. **Women Entrepreneurship Support:** The agency offers programs and initiatives to encourage and support women entrepreneurs in starting and growing their businesses.

10. **Green Entrepreneurship:** KOSGEB promotes environmentally sustainable business practices and offers incentives to SMEs engaged in green entrepreneurship and eco-friendly projects.

To benefit from KOSGEB programs and services, entrepreneurs and SME owners typically need to meet specific eligibility criteria, including business size, sector, and location. The available programs and support options may change over time, so individuals and businesses interested in KOSGEB assistance should check the official KOSGEB website or contact their local KOSGEB office for the most up-to-date information and application procedures.

More information here:

Development of Small and Medium Enterprises and Support Administration Incentives and Exemptions Law
Nr:3624 Date: 12.4.1990
Link: https://webdosya.kosgeb.gov.tr/Content/Upload/Dosya/Mevzuat/2019_KOSGEB_Kanunu.pdf

KOSGEB Support Programme Regulation
Gazette Nr. 31415 Dated 6/3/2021
Lİnk: https://www.mevzuat.gov.tr/anasayfa/MevzuatFihristDetayIframe?MevzuatTur=7&MevzuatNo=14041&MevzuatTertip=5

For reaching all regulations regarding all KOSGEB supports: https://www.kosgeb.gov.tr/site/tr/genel/detay/5560/mevzuat