116 Million TL Support from KOSGEB to Digitalization

million lira support from kosgeb to digitalization
million lira support from kosgeb to digitalization

The results of KOSGEB's third call on Digitalization in the Manufacturing Industry have been announced. A total of 278 million TL support will be given to 116 SMEs. Businesses can receive support up to 1 million TL within the scope of the program.

KOSGEB's third call on Digitalization in the Manufacturing Industry received 75 applications. Of the applications made, 278 were entitled to be supported. Approximately 278 million TL of support will be provided to 116 enterprises. Within the scope of the program, SMEs will be supported in many areas such as the internet of things in the manufacturing industry, industrial robot and smart sensor technologies, cyber security and virtual reality.

300 thousand TL non-refundable, 700 thousand TL refundable

With the program, businesses can receive support up to a total of 300 million TL, with a non-refundable amount of up to 700 thousand TL and a refund of up to 1 thousand TL. The support is paid for the purchase of personnel, machinery, equipment, services and software necessary for the realization of the project. KOSGEB can pay 50 percent of the reimbursed support amount before spending. To benefit from the support, SMEs must complete their projects within a minimum of 8 and a maximum of 20 months.

Support to SMEs increased by 61 percent

IFASTURK Financial Advisory and Audit Founder Mesut Şenel, who provides services in technology development zones legislation consultancy, R&D legislation implementations and related government support and incentive consultancy, said, “KOSGEB's first call was made in 2019 and approximately 258 million TL support was given to 72 SMEs. provided. In the second call, the number of SMEs benefiting from the support reached 396 and a support of 158 million TL was given. Within the scope of this year's call, 75 out of 278 applications will be supported with a total of 116 million TL. We will be there for SMEs to benefit from the support program fully and efficiently. We will provide the necessary information and support with our expert staff in all processes that will contribute to the commercialization of innovative projects of our digitalized SMEs.” said.

Armin

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