What is KOSGEB Grant Loan? How to buy? What are the conditions?

Entrepreneurship is one of the cornerstones of economic growth. It is crucial for the creation of new businesses and the growth of existing businesses, increasing employment and fostering innovation. However, it is common to encounter difficulties in the early stages, such as financing and access to resources. This is where the Small and Medium Enterprises Development and Support Administration in Turkey, KOSGEB for short, comes into the picture.

KOSGEB is a public institution established to provide economic growth and increase their competitiveness by supporting small and medium-sized enterprises.

In this content we have prepared for you, we will discuss what is KOSGEB, which provides support to small and medium-sized enterprises in Turkey, and how to get a KOSGEB grant loan. Here’s everything you’ve been wondering about KOSGEB…

What is KOSGEB?

KOSGEB is a legal entity operating under the Ministry of Industry and Commerce. It implements various support programs to increase the role of small and medium-sized enterprises in meeting the country’s economic and social needs. KOSGEB offers various grants, loans and training opportunities to increase the competitiveness of companies, improve their production and services, enhance their marketing skills and support innovation-oriented activities.

What are the advantages of KOSGEB?

The support and benefits that KOSGEB offers offer great opportunities for companies. Companies can derive the following benefits from KOSGEB:

1. Low interest loans

KOSGEB helps businesses meet their financial needs by providing low-interest loans. These loans can be an important source of financing for the growth and development of companies.

2. Provide grants

KOSGEB offers grants to companies that meet certain conditions. These grants provide financial support to companies to carry out their projects, use new technologies or export.

3. Training and Consulting Services

KOSGEB provides entrepreneurship training, business management, marketing, financial management and consulting services to companies. These services help entrepreneurs and employees to develop business skills.


Which professions does KOSGEB cover?

KOSGEB supports many business units and professions. The main business areas supported are:

  • Mining and quarrying
  • production
  • Production and distribution of electricity, gas, steam and air conditioning
  • Water supply, sewerage, waste management and remediation activities
  • Building
  • wholesale and retail
  • Transport and storage
  • Accommodation and catering activities
  • Information and communication
  • Financial and insurance activities
  • Professional, scientific and technical activities
  • Administrative and support services activities
  • Education
  • Culture, art, entertainment, recreation and sport
  • Other service activities

Companies operating in these business lines can benefit from KOSGEB support. However, it is not enough just to belong to the supported sectors to accept the request. The company must also be assessed as an SME or a new company.


What are the requirements to get a KOSGEB grant loan?

To get a KOSGEB grant loan, you must meet the following conditions:

Active in supported industries

Companies operating in business units supported by KOSGEB can benefit from subsidies. You can find the list of supported sectors on KOSGEB’s official website.

Entrepreneurial training

KOSGEB asks entrepreneurs who want to take advantage of a grant loan to follow one of the Traditional Entrepreneurial Education or Advanced Entrepreneurial Education programs. These trainings help entrepreneurs to develop their business and entrepreneurship skills.

Being in business status

To receive a KOSGEB grant loan, your company must have the status of a capital or sole proprietorship, as defined in Turkish commercial law. Ordinary partnerships are not supported by KOSGEB.


How to get a KOSGEB loan?

You can follow the steps below to get a KOSGEB loan:

1. Open the KOSGEB application page

You need to go to KOSGeb’s official website and sign up through the e-services section. The application requires you to enter your tax or TR identification number and the start date.

2. Complete the SME statement

After the application, you must complete the SME Declaration to determine whether your company is included in the SME class. This statement states the size of your company, the number of employees and financial data.

3. Apply for a bank

You must apply to the banks listed in the protocol for loans within the specified limit. After your application has been reviewed and approved by the bank, you can use the support loan.

What is KOSGEB Grant Loan?

KOSGEB Grant Loan is a non-refundable financial aid given by KOSGEB to companies that meet certain conditions.

Who can apply for a KOSGEB grant loan?

SMEs (Small and Medium Enterprises) operating in Turkey can apply for a KOSGEB grant loan.

Which sectors are supported for KOSGEB Grant Loan?

KOSGEB generally provides grant loans to industries active in manufacturing, services, technology and innovation.

How much support does KOSGEB Grant Loan provide?

The amount of the KOSGEB loan varies depending on the needs of the business and the support rates set by KOSGEB.

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