Additional Credit Volume of 450 million Turkish Liras for SMEs
Date: 20 June 2018

Science, Industry and Technology Minister Faruk Özlü: “With our new support program that will create a credit volume of 450 million liras, we will provide interest support of 100 million liras”.

Science, Industry and Technology Minister Faruk Özlü who has participated in "Machinery Equipment Interest Support Program 2018" which is organized by KOSGEB, said that common goal of new support program and other supports is to produce and export technology in Turkey, noting that Machinery and Equipment Loan Interest Support Program is an important step for production-based economic growth.

Özlü said that SMEs which are already registered in the KOSGEB database and operating in the manufacturing industry and not banned from KOSGEB supports can apply to the Machinery and Equipment Loan Interest Support Program in June. "We are bringing the requirement of choosing ‘domestic and new’ machinery and equipment to our SMEs. We will support domestic and new machinery and equipment purchases with this support program. We will develop our industry and our SMEs with our domestic machines. We will strengthen our economy by supporting our domestic products. "

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