KOSGEB Will Support Small Businesses

KOSGEB will support small businesses. Applications for the support will continue until July 9.

Small and Medium Enterprises Development and Support Administration (KOSGEB) Yozgat Provincial Director Mustafa Işık, in his written statement, said that capital support will be provided to micro and small enterprises and innovative young enterprises in the manufacturing, computer programming and scientific R&D sectors established during 2017, within the scope of the "Micro and Small Enterprises Rapid Support Program". Stating that the support applications started on June 21 and will end as of July 9 at 11:59 pm, Işık said: “Micro and small businesses that meet the application criteria will be able to apply online by selecting the 'Quick Support Program Application for Micro and Small Businesses' sub-menu from the 'E-Services' menu at www.kosgeb.gov.tr. Businesses that are not registered in the KOSGEB database or whose SME Information Statement is out of date must first register and update. Payments will be made in 3 installments. Before each payment, it will be checked from official records that the business is active and that it maintains the same employment compared to March 2020. The upper limit of reimbursed support to be given to businesses is based on scale, a maximum of 30 thousand TL in total, 10 thousand TL per month for 3 months will be given to micro enterprises. A maximum of 75 thousand TL, 25 thousand TL per month for 3 months will be given to small businesses. The amount of payment will vary according to the number of employees with SGK 4A in the base month of payment and the statement of expenditure in terms of eligible expenses within the scope of support. Within the scope of Component 2, an additional support of up to 25 thousand TL will be given to innovative young MKIs for their technological operating expenses. The support used will be paid back by micro and small businesses in 6 equal installments in 4 monthly periods following the grace period of 3 years, with a total maturity of 5 years. Detailed information can be obtained from the KOSGEB Yozgat Directorate.”