200 Thousand TL Grant Support for Startups Wanting to Start a Business

one thousand tl grant for those who want to start a business
one thousand tl grant for those who want to start a business

TÜBİTAK has published the "BiGG-Entrepreneurship Support Program Performance Analysis". According to the report, a total of 11 thousand 33 business idea applications were received in 93 call periods. Initiatives that are eligible to be supported in the program are given grants of up to 200 thousand TL for their expenses such as personnel, equipment and service procurement.



The TÜBİTAK Individual Young Initiative (BIGG) program, launched in 2012, brings together entrepreneurs with innovative business ideas with their dreams. Grants up to 200 thousand TL are given to those who are accepted to the program. In this way, entrepreneurs can turn their ideas into concrete business. According to the "BiGG-Entrepreneurship Support Program Performance Analysis" report, a total of 2012 thousand 11 business idea applications were received in 33 call periods, for which the business idea application process has been completed since 93 within the scope of the program.

7 times the support has been brought to the economy

1.519 companies were established with the support provided under the program. Between 2014 and 2019, 7,14 times the amount of support was provided to the economy and employment was created for 2,74 people per company. 4 percent of the companies established during the first 77,5 call periods and 6 percent of the 71-year-old companies continue to operate. While providing training to entrepreneurs within the scope of the program, experienced guides also contribute to technical, commercial and administrative matters.

Support in the incorporation process

Expressing that they guide entrepreneurs in all steps in the incorporation process that started with the TÜBİTAK Individual Young Enterprise program, IFASTURK Financial Consultancy and Audit Founder Freelance Accountant Mesut Şenel stated that they have helped many entrepreneurs to realize their business ideas. Şenel said, “We provide consultancy services to entrepreneurs who are entitled to benefit from the support with our expert staff in the preparation of interim financial reports of R&D projects and incorporation processes. We are working to support business ideas, to bring them to life and to provide added value to the national economy. " said.

Armin

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