The “Global Competitiveness Support Program” aims to help businesses become more resilient in the global competitive landscape and gain a competitive advantage. Meanwhile, the “Capacity Development Support Program” seeks to enhance the productivity, resilience, production output, market reach, and institutional capacity of SMEs by supporting investments for scaling up, as well as the development of suppliers for large-scale enterprises.
Financing solutions tailored to specific needs
Under the Capacity Development Support Program, businesses with approved KOSGEB applications can receive up to 20,000,000 TL in financing to cover costs related to machinery, equipment, molds, software, service procurement, and working capital. For businesses identified by stakeholders in the defense, aviation, and aerospace sectors—specifically for supplier development—the upper limit for this support is 30,000,000 TL.
Under the Global Competitiveness Support Program, assistance is provided to SMEs to help them develop innovative products, manufacture and commercialize products resulting from innovation activities, integrate new technologies, strengthen supply chain management, optimize production processes, increase efficiency, and enter global markets through international collaborations. The program, which sets a maximum financing limit of 75,000,000 TL, covers expenses for machinery, equipment, and molds; software; service procurement (including training, consulting and guidance, certification, testing and analysis, marketing, design, and industrial property rights); as well as working capital.
For both programs—applications for which can be submitted via bank branches—the financing term can be structured for up to 36 months, with repayments made in equal installments every three months.
“We will continue to stand by our SMEs.”
Regarding the collaboration, Emre Ertürk, Deputy General Manager of Retail and SME Banking at Türkiye Finans Participation Bank, stated: “We consider it a key priority for SMEs to strengthen their production, investment, and export capacities, as well as to achieve sustainable growth. Through the financing solutions we offer as part of our collaboration with KOSGEB, we aim to support our businesses across a wide range of needs—from investments in machinery and equipment to working capital requirements, and from digitalization and innovation initiatives to expanding into global markets. As Türkiye Finans Participation Bank, and in line with the participation finance approach of supporting the real economy, we will continue to stand by our SMEs and diversify our financing solutions to contribute to the development of the production and trade ecosystem.”