Türkiye offers 10-year funding for SME transformation
Türkiye will provide eligible organizations supporting the digital, lean and green transformation of small and medium-sized enterprises with annual grants of up to 6.5 million Turkish Liras for 10 years, Industry and Technology Minister Mehmet Fatih Kacır has said.
The funding will be administered by the Small and Medium Enterprises Development Organization of Türkiye (KOSGEB) under its Sectoral Development Center Support Program.
Speaking at the 11th Productivity Project Awards ceremony in Ankara, Kacır said the program would strengthen organizations providing SMEs with training, consultancy, technology adaptation and process improvement services.
Türkiye also plans to increase the number of model factories from 12 to 16 by the end of 2027, he said.
