State Support & Funding

The industrial development and the ongoing conversations with the EU has made the Turkish government to offer support and funding to private companies to guarantee quality and prices and to increase foreign trade possibilities.  Based on your Company’s needs, Albars Corporate Finance Consultancy may perform an analysis on whether your idea or project is eligible and may apply for potential state support and funding available to improve your operations. Albars is able to inform you on schemes offered by various state organizations, such as, but not limited to:

• Supporting Instruments offered by the Small and Medium Enterprises Development Organization (KOSGEB) for financing, R&D, common facilities, market research, marketing and export and training
• Research & Development incentives and capital loans offered by TUBITAK (Scientific and Technological Research Council of Turkey) and TTGV (Turkish Technology Development Foundation)
• State supporting branding program, TURQUALITY
• Long term interest free loans from the Technology Development Foundation of Turkey (TTGV) for technology development, renewable energy productions, energy efficiency improvement and environmental impact-reduction projects
• Support of vocational training projects by ISKUR, the National Recruitment Agency
• Support packages offered by the Undersecretariat of Foreign Trade, which encourages exports and increases the competitiveness of companies abroad