
Under the project “Empowering the Private Sector to Foster Social and Economic Cohesion II – FOSTER II” financed by the European Union, managed by KfW Development Bank, and implemented by KOSGEB, we continue our field activities at full pace.
Extensive field outreach since 2024 has resulted in over 2,340 stakeholder meetings at local and 545 engagement meetings at headquarters level including with key stakeholders such as Red Crescent, Iskur, ICMPD, ILO, DG-ILF, PMM, VET4JOB, ASAM, UNHCR as well as chambers of industry and commerce in the project provinces.
Additionally, to promote the FOSTER II SME Finance Support Programme to a wider audience, we conducted more than 240 strategic meetings with chambers of industry, commerce and tradesmen, partner banks and local stakeholders across the project provinces.
During these meetings, we aimed to reach more beneficiary SMEs by conveying the outstanding conditions and the general details of the FOSTER II SME Finance Support Programme in the market to our relevant stakeholders. At the same time, we carefully reviewed stakeholder feedback to improve the programme design and implementation process.
In addition to stakeholder engagement meetings, we reached over 950 SMEs by organizing both in-person and online Information Days in 18 project provinces to promote the FOSTER II SME Finance Support Programme!
As part of the Info Days, we informed SMEs about the easy application steps and support process for the programme and answered their questions with presentations made by KOSGEB SME Experts and the Implementation Consultant Team.

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