KOSGEB Bounce Back Loan Program Now Open for Micro and Small Enterprises!
As in the rest of the world, the pandemic has caused significant disruption in the Turkish economy and financial markets, several days ago KOSGEB (Small and Medium Enterprises Development Organization) has introduced an economic stimulus program, introducing credit support to help micro and small business owners. Applications are being accepted until July 9, 2021.
Within the scope of the program, KOSGEB provides non-interest loan support to micro and small enterprises in the manufacturing and scientific R&D sectors affected by the pandemic and innovative young enterprises in the manufacturing, computer programming, and scientific R&D sectors established in 2017 and later. The support aims to enable micro and small enterprises (MSEs) in priority sectors to continue their activities and maintain their business activities despite the pandemic conditions.
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