SME Support Programme
EUR 43 million grant support will be provided to winning SMEs through the SME Support Mechanism.
Interest/Profit Share Subsidy Programme
EUR 18 million interest / profit share subsidy will be provided to SMEs within the Interest / Profit Share Subsidy Programme.
News from FOSTER Project
FOSTER II Project’s Launch Event was held on January 30, 2025.
About FOSTER
The European Union funded FOSTER II – Empowering the Private Sector to Foster Social and Economic Cohesion Project aims to contribute to the empowerment of the private sector in Türkiye to increase the formal employment of Turkish citizens and foster social and economic cohesion of foreigners under temporary or international protection and increase the resilience of Turkish SMEs operating in selected 20 provinces.
Total SME Support
Programme Budget
43,000,000 €
At least 875 SMEs, creating / retaining employment for Final Beneficiaries (at least 50% being foreigners), will be supported.
Total Interest/Profit Share
Support Programme Budget
20,000,000 €
At least 554 SMEs, creating / retaining employment for Final Beneficiaries (at least 50% being foreigners), will be supported.
Total Number of SMEs to be Supported
1,429
Total Number of Employment to be Created/Retained
5,100
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