Global Competitiveness Support Program for SMEs from Minister Kacır
Minister of Industry and Technology Mehmet Fatih Kacır announced the new support package that will increase the competitiveness of SMEs in global markets.
Quick Look
- Minister of Industry and Technology Mehmet Fatih Kacır announced the 3 billion lira Global Competitiveness Support Program, which aims to increase the high value-added production and export capacities of SMEs.
- Applications will continue until September 30.
AI-generated summary
Why It Matters
KOSGEB carries out various financial support programs to increase the competitiveness of SMEs.
In his post on his NSosyal account, Kacır gave information about the support package that will support SMEs in high value-added production, reaching a stronger position in international markets and sustainable growth.
Stating that strong SMEs that produce, export and compete with the world are the foundation of a strong Türkiye, Kacır made the following evaluation:
"With the Global Competitiveness Support Program carried out by KOSGEB, we support our businesses to produce high value-added production, reach a stronger position in international markets and achieve sustainable growth. We will provide credit opportunities of up to 75 million lira, 20-point non-refundable financing support and KGF guarantee support."
Minister Kacır noted that in addition to fast-growing businesses that increase their exports, SMEs that increase their R&D investments, medium-sized businesses operating in the field of high technology, businesses operating on products included in the priority products list within the scope of the HAMLE Program, and businesses within the scope of the Turcorn 100 Program can apply to the program.
Stating that the program was put into effect in 2025 and SMEs were provided with access to a total of 3 billion lira of financing, Kacır said, "We now invite more of our businesses to become partners in global success stories." he said.
Businesses will be able to apply for the support program through KOSGEB's website until September 30.
What to Watch
AI outlook — possibilities, not facts
SMEs must apply for the support program until September 30.
Very likely · Within weeks
Open Questions
- What is the detailed scoring system for which SMEs meet the application criteria?
