The support programmes offered by KOSGEB to entrepreneurs and SMEs play an important role in increasing the growth, innovation and competitiveness of enterprises. 2024 3rd term KOSGEB Business Development Support is preparing to offer new opportunities for businesses. We have prepared a comprehensive guide on this support programme that will take your business one step further.

What is Business Development Support?

KOSGEB's Business Development Support is a programme that aims to increase the competitiveness of SMEs in national and international markets. With this support, businesses are supported in a wide range of different areas, from digital transformation to increasing export capacity. The main objectives of the Business Development Support are as follows:

• Increasing the institutional capacity of SMEs,

• Strengthen marketing and brand awareness,

• Accelerating digitalisation processes,

• To encourage innovation and R&D activities,

• To help them gain a strong foothold in domestic and foreign markets.

This programme of KOSGEB not only offers financial support to enterprises, but also provides guidance for the development of business processes.

What is the Scope of Business Development Support?

2024 Business Development Support is a multi-faceted programme designed to meet the different needs of businesses. Within the scope, support is provided in the following areas:

1. Technological Development and Innovation

• New product and service development,

• Prototyping,

• Supporting R&D activities,

• Technical consultancy services.

2. Marketing and Brand Development

• Domestic and international fair participation,

• Digital marketing activities,

• Brand registration and promotion projects,

• Advertising and communication campaigns.

3. Organisational Capacity and Management

• Quality certification processes,

• Productivity enhancing analyses,

• Trainings on management and business processes.

4. Digitalisation and Industry 4.0 Applications

• E-commerce infrastructure installation and development,

• Cyber security solutions,

• Software and automation investments.

This scope includes strategic supports that SMEs need for growth and competitiveness.

Which sectors are given business development support?

Within the scope of Business Development Support, KOSGEB gives priority to sectors that create strategic and added value. Supported sectors may vary according to the call periods and the priorities of the country's economy. However, in general, the following sectors are within the scope of support:

• Manufacturing Industry (NACE Rev.2 Code C): Enterprises engaged in value-added production,

• Information and Communication Technologies: Companies focused on digitalisation and innovation,

• Professional, Scientific and Technical Activities: Enterprises operating in fields such as engineering, R&D, analyses,

• Export Orientated Services and Trade Sectors: Companies offering products or services abroad.

Before applying, it is recommended that you carefully examine the NACE code list and call texts announced by KOSGEB.

2024 KOSGEB Business Development Support 3rd Period Application Dates

KOSGEB's Business Development Support application dates for the 3rd period of 2024 have been officially announced. Businesses can make their applications between the following dates.

• Application Start Date: 1 December 2024

• Application Deadline: 31 December 2024

Applications can only be made electronically via KOSGEB's web portal. Please note that applications outside the specified dates will not be accepted. All documents required for the application process can be obtained from the official website of KOSGEB.

What are the KOSGEB Business Development Reimbursement Conditions?

KOSGEB's Business Development Support can consist of both non-repayable (grant) and repayable (interest-free loan) components in accordance with the needs of enterprises. The repayment conditions can be summarised as follows:

1. Non-Refundable Supports

• This type of support is offered to enterprises as a grant,

• Grants given within certain upper limits do not require repayment when approved by KOSGEB.

2. Reimbursable Supports

• Support offered in the form of interest-free loans,

• The principal is repaid in instalments according to a set schedule,

• The repayment period may be flexible according to the characteristics of the project.

Business-specific repayment plans are shared in detail after the application is approved.

KOSGEB Business Development Support offers a great opportunity for your business to achieve sustainable growth by increasing its competitiveness. The application dates for the 3rd period of 2024 have been announced and the application process covers a short period of time. For this reason, you should check whether your business meets the application requirements and complete the application preparations as soon as possible.

Remember, it is critical to carefully examine the call texts and guides published by KOSGEB for a successful application.