G/SCM/N/315/TUR/Suppl.1  
G/SCM/N/343/TUR  
16 September 2019 
(19-5912) Page: 1/34 
Committee on Subsidies and Countervailing Measures  Original:  English  
 
  
SUBSIDIES  
NEW AND FULL NOTIFIC ATION PURSUANT TO AR TICLE XVI:1  
OF THE GATT 1994 AND  ARTICLE 25 OF THE A GREEMENT  
ON SUBSIDIES AND COU NTERVAILING MEASURES  
TURKEY 
The following communication, dated 31 July  2019, is being circulated at the request of the delegation 
of Turkey . 
 
_______________  
 
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  TURKEY  
TABLE OF CONTENTS  
1   INVESTMENT INCEN TIVE PROGRAMME  ................................ ................................ ....... 3 
2   EXPORT SUBSIDY PROG RAMME FOR AGRICULTUR AL PRODUCTS (2018 -2019) ...........  4 
3   TURK EXIMBANK’S PRO GRAMMES  ................................ ................................ ...............  6 
4   FISHERIES SUPPORT PR OGRAMME  ................................ ................................ ...........  15 
5   DISCOUNTED SPECI AL CONSUMPTION TAX O N MARINE FUELS  ................................  17 
6   COOPERATION SUPP ORT PROGRAMME  ................................ ................................ ..... 18 
7   CREDIT INTEREST SUPPORT PROGRAMME  ................................ ................................  20 
8   EMERGING COMPANI ES MARKET SME SUPPOR T PROGRAMME  ................................ .. 21 
9   ENTREPRENEURSHIP  SUPPORT PROGRAMME  ................................ ............................  23 
10   KOBIGEL -SME DEV ELOPMENT SUPPORT PRO GRAMME  ................................ .............  24 
11   INTERNATIONAL A CCELERATOR SUPPORT P ROGRAMME  ................................ .........  26 
12   R&D, INNOVATION AND  INDUSTRIAL APPLICAT ION SU PPORT PROGRAMME  .........  28 
13   SME DEVELOPMENT  SUPPORT PROGRAMME  ................................ ............................  30 
14   SME DEVELOPMENT  SUPPORT PROGRAMME  ................................ ............................  31 
15   TECHNOLOGIC PRO DUCT PROMOTION AND MARKET ING SUPPORT PROGRAMM E ... 33 
 
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  1  INVESTMENT INCENTIVE  PROGRAMME  
1. Title of the subsidy program me, if relevant, or brief description or identification of the subsidy  
 
Project Based Investment Incentive Program .1 
 
2. Period covered by the notification. The period to be covered by the notification should be the 
most recently completed calendar or fiscal year. In the latter case, the start an d end dates 
of the fiscal year should be specified  
 
2017-2018.  
 
3. Policy objective and/or purpose of the subsidy  
 
Project based system is designed to support high value added  investments with customized 
incentives in line with the specific necessities of a particular project.  
 
4. Background and authority for the subsidy (including identification of the legislation under 
which it is granted ) 
 
Project Based Investment Incentive Program which is designed and implemented by the Ministry of 
Science and Technology2 is based on the provisions of Law No. 6745 and the Council of Ministers 
Decree No.2016/9495.  
 
The Council of Ministers Decree No.2016/9495 defines procedures and principle s for the 
implementation of the Law No. 6745.  
 
5. Form of the subsidy (i.e., grant, loan, tax concession, etc. ) 
 
Support measures provided within the Project Based Investment Incentive Program comprises of tax 
incentives, employment incentives, financial incentives, and other incentives defined in the Council 
of Ministers Decree No.2016/9495.  
 
6.  To whom and how the subsidy is provided (whether to producers, to exporters, or others; 
through what mechanism; whether a fixed or fluctuating amount p er unit; if the latter, how 
determined ) 
 
Both domestic and foreign investors can benefit from the measures under equal terms and conditions 
if the project is approved in the context of Project Based Investment Incentive Program. The support 
measures under the Program are provided only for producers.  
 
Following the invitation or announcement made by the Ministry of Science and Technology, 
companies that wish to benefit from the project -based investment support apply to the Ministry with 
the required informat ion and documents.  
 
Proposed investment projects evaluated by the Ministry of Science and Technology and eligible 
projects are presented to the President. A decree of the President is adopted for each investment 
project to be supported. Following the promu lgation of the President Decree, an incentive certificate 
is issued by the Ministry of Science and Technology.  
 
                                                
1  Turkey's Project Based Investment Incentive Programme entered into force by Law No.6745 published 
in the Official Gazette on September 7, 2016.  The Council of Ministers Decree No. 2016/9495 published in the 
Official Gazette on November 26, 2016.  
2  The General Directorate of Incentives Implementation and Foreign Direct Investment is attached to 
the  Ministry of Science and Technology with a Presidential Decree no.1 dated July 10, 2018 . G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
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  7. Subsidy per unit, or in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if pos sible, the average subsidy per unit in the 
previous year). Where provision of per unit subsidy information (for the year covered by the 
notification, for the previous year, or both) is not possible, a full explanation  
 
Per unit subsidy information is not available due to the characteristics of the support measures. 
Support measures are provided for an investment project.  
 
8. Duration of the subsidy and/or any other time limits attached to it, including date of 
inception/commencement . 
 
No fixed time limit. Duration of the subsidy is based on the characteristics of the investment project.  
 
9.  Statistical data permitting an assessment of the trade effects of the subsidy. The specific 
nature and scope of such statistics is left to the judgem ent of the notifying Member. To the 
extent possible, relevant and/or determinable, however, it is desirable that such information 
include statistics of production, consumption, imports and exports of the subsidized 
product(s) or sector(s) : 
 
(a) for the three m ost recent years for which statistics are available;  
(b) for a previous representative year, which, where possible and meaningful, should be the 
latest year preceding the introduction of the subsidy or preceding the last major change 
in the subsidy.  
 
To date, 14 incentive certificates have been issued within the Project Based Investment Incentive 
Program. Statistical data is not available yet.  
 
2  EXPORT SUBSIDY PROGR AMME FOR AGRICULTURA L PRODUCTS (2018 -2019) 
1. Title of the subsidy program me, if relevant, o r brief description or identification of the subsidy  
 
The title of the subsidy Programme is "Export Subsidy Programme for Agricultural Products" 
(Decree  No. 2018/12).  
 
2. Period covered by the notification. The period to be covered by the notification should be the 
most recently completed calendar or fiscal year. In the latter case, the start and end dates 
of the fiscal year should be specified  
 
The Decree No. 2018/12 of the Money -Credit and Coordination Council has been effective as of 
January 1, 2018. This programme came into force replacing the Decree No. 2016/16.  
 
3. Policy objective and/or purpose of the subsidy  
 
The policy objective of this export subsidy programme is to develop Turkey's export potential in 
processed agricultural products.  
 
4. Background and authority for the subsidy (including identification of the legislation under 
which it is granted ) 
 
Authority for the subsidy is the Money -Credit and Coordination Council. As of August 2018, duties 
and authorities o f Money -Credit and Coordination Council were delegated to Economic Policies 
Council of Presidency of Republic of Turkey, Ministry of Treasury and Finance and Ministry of Trade.  
 
5. Form of the subsidy (i.e., grant, loan, tax concession, etc .) 
 
The subsidie s are provided in the form of deduction of debts to the public corporations from the 
subsidy entitlement.  
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  6. To whom and how the subsidy is provided (whether to producers, to exporters, or others; 
through what mechanism; whether a fixed or fluctuating amo unt per unit; if the latter, how 
determined ) 
 
The subsidies are provided to producer/exporters or exporters in the form of deduction of their debts 
to the public corporations from their subsidy entitlement which is calculated on the basis of fixed 
amount p er unit.  
 
7.  Subsidy per unit, or in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in the 
previous year). Where provision of per unit subsidy information (for the year covered by the 
notification, for the previous year, or both) is not possible, a full explanation  
 
The subsidy per product is given below : 
 
Product  Rate Share of exported 
quantity eligible to 
receive the subsidy  Maximum ratio 
of pa yment  
(TL/ton)  
Cut flowers (fresh)  475 45% 9% 
Vegetables, frozen (exc. potatoes)  180 45% 10% 
Vegetables (dehydrated)  800 40% 10% 
Fruits (frozen)  175 45% 6% 
Preserves, pastes  185 100%  8% 
Honey*  160 20% 2% 
Homogenized fruit preparations  140 35% 5% 
Fruit juices (concentrated)  360 15% 12% 
Olive oil  20 100%  2% 
Prepared or preserved fish  550 100%  5% 
Meat of poultry (excl. edible offals)  430 41% 14% 
Eggs  40/1000 pieces  65% 10% 
Preserved poultry meat products*  550 50% 13% 
Chocolate and other food preparations 
containing chocolate  270 48% 5% 
Biscuits, waffles  270 18% 7% 
Macaroni vermicelli  150 32% 9% 
* Subsidy payments ha ve been suspended as of 1 January 2019.  
The second column specifies that the subsidy is only paid on determined percentage of the quantity 
exported  and the third column specifies the maximum payment rate of the value of the exports. This 
system has been used  owing to the annual volume and value commitments of Turkey, originated in 
the WTO Agreement on Agriculture.  
 
8.  Duration of the subsidy and/or any other time limits attached to it, including date of 
inception/commencement  
 
The Decree No. 2018/12 of the Money -Credit and Coordination Council has been effective as of 
January  1, 2018, and it will be indefinitely in force. Therefore, it is also valid for 2019.  
 
9.  Statistical data permitting an assessment of the trade effects of the subsidy. The specific  
nature and scope of such statistics is left to the judgement of the notifying Member. To the 
extent possible, relevant and/or determinable, however, it is desirable that such information 
include statistics of production, consumption, imports and exports o f the subsidized 
product(s) or sector(s) : 
 
(a) for the three most recent years for which statistics are available;  
(b) for a previous representative year, which, where possible and meaningful, should be the 
latest year preceding the introduction of the subsidy or preceding the last major change 
in the subsidy.  
 
No statistical data permitting an assessment of the trade effects of this subsidy is available.  
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  3  TURK EXIMBANK’S PROG RAMMES  
1. Title of the subsidy programme, if relevant, or brief description or identification of the subsidy  
 
 CREDIT PROGRAMMES  
 
1. Short -term Export Credits : 
(i) Credits Extended via Commercial Banks : 
• Pre-shipment Export Credit (PSEC) Programme ; 
• PSEC-Priority Investment Areas Export Credit Programme ; 
• Free Trade Zone Pre -shipment  Foreign Currency Export Credit Programme.  
 
(ii) Credits Extended Directly by Turk Eximbank : 
• Foreign Trade Companies (FTC) Short -term Export Credit Programme ; 
• Pre-export Credit Programme ; 
• Free Trade Zone Pre -export Foreign Currency Export Credit Programme ; 
• Pre-export Credit Programme for Small and Medium Scale Enterprises (SMEs).  
 
(iii) Credits provided using the sources of the Central Bank of Turkey:  
• Post-Shipment Rediscount Credit Programme ; 
• Rediscount Credit Programme.  
 
2. Medium -Term Export Credits (Project Credits) : 
• The Export Oriented Working Capital Credit Programme ; 
• The Export Oriented Investment Credit Programme ; 
• Overseas Chain Stores Investment Credit Programme ; 
• Specific Export Credit Programme ; 
• Trademark Credit Programme.  
 
3. Export Finance Intermediation  Loan (EFIL – IV) 
 
4. The European Investment Bank Credit Programme  
 
5. International Loans Programmes  
 
 INSURANCE PROGRAMMES  
 
6. Short -term Credit Insurance : 
• Short -term Export Credit Insurance Programme ; 
• Short -term Domestic Credit Insurance Programme.  
 
7. Medium and Long -term Insurance Facilities : 
• Specific Export Credit Insurance Post Shipment Risk Programme.  
 
2. Period covered by the notification. The period to be covered by the notification should be the 
most recently completed calendar or fiscal year. In  the latter case, the start and end dates 
of the fiscal year should be specified  
 
January 1 – December 31, 2018.  
 
3. Policy objective and/or purpose of the subsidy  
 
1. Short -term Export Credits  
 
Turk Eximbank extends short -term export credits to manufacturers, exporters and 
export -oriented manufacturers to meet their financing needs especially at the pre -
shipment stage. These credits are extended in Turkish Lira or in foreign currency either 
directly by Turk Eximbank or via intermediation of selec ted Turkish commercial banks.  
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  (i) Credits Extended via Commercial Banks : 
 
Pre-shipment Export Credit (PSEC) Programme : a short -term credit facility provided to 
manufacturers, export -oriented manufacturers and exporters starting from the early 
stages of production in all sectors. The aim of the programme is to meet the financing 
needs of these companies in the early stages  of production. The programme has TL and 
foreign currency credit options.  
 
PSEC-Priority Investment Areas Export Credit Programme; a sub -programme of the 
PSEC extended in TL to companies located in Turkey's priority development areas. It 
aims to support ma nufacturers, export -oriented manufacturers and exporters except 
Foreign Trade Companies in these regions and eliminate the economic -social gaps that 
exist between these regions and Turkey's more developed regions.  
 
Free Trade Zone Pre -shipment Foreign Curr ency Export Credit Programme; another sub -
programme of the PSEC extended in FX to companies having operating license for 
manufacturing and located in Turkey's free trade zone areas. This facility aims to provide 
financial support to increase sales of manuf acturers and export -oriented manufacturers 
in these regions.  
 
Pre-shipment Export Credit Programme via Participation Banks; a recently developed 
sub-programme of the PSEC extended in FX to manufacturers, export -oriented 
manufacturers and exporters starting  from the early stages of production in all sectors. 
The aim of the programme is to meet the financing needs of these companies in the 
early stages of production.  
 
Credit for Leasing Companies; is a program which aims to finance investments through 
financi al leasing companies. The program is indirect credit in which the credit is extended 
to a Turkish Leasing Company to which Turk Eximbank allocates credit line, and the 
intermediary Leasing Company extends the credit to the final user.  
 
(ii) Credits Extended Dir ectly by Turk Eximbank : 
 
Foreign Trade Companies (FTC) Short -term Export Credit Programme; extended to all 
companies entitled to foreign trade corporate company status, which is conferred by the 
Ministry of Trade. It aims to provide financial support to la rge export trading companies 
for their export financing needs. The credit has TL and foreign currency options.  
 
Pre-export Credit Programme; a short -term credit facility provided to export -oriented 
manufacturers, manufacturer -exporters and exporters in the  preparatory stage of 
exports. It aims to increase the competitiveness of exporters in international markets 
and support export projects in the preparatory stage. The credit has TL and foreign 
currency options.  
 
Free Trade Zone Pre -export Foreign Currency Export Credit Programme; a sub -
programme of the Pre -export Credit Programme extended in FX to companies having 
operating license for manufacturing and located in Turkey's free trade zone areas. This 
facility aims to provide financial support to increase sa les of manufacturers and export -
oriented manufacturers in these regions.  
 
Pre-export Credit Programme for Small and Medium Scale Enterprises (SMEs); a short -
term credit facility extended both in TL and FX to only small and medium scale 
enterprises. It aims to provide financial support to SMEs in the preparatory stage of their 
exports.  
 
(iii) Credits provided using the sources of the Central Bank of Turkey:  
 
Post Shipment Rediscount Credit Programme; a post -shipment finance facility in which 
deferred export receivables subject to bankers' acceptances and/or irrevocable letters of 
credit with a payment confirmation by a domestic bank and deferred export receivables 
performed within Turk Eximbank Short -term Export Credit Insurance are discounted b y 
Turk Eximbank. The programme aims to increase the competitiveness of Turkish G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
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  exporters in international markets by enabling them to sell Turkish goods on deferred 
payment terms and eliminating overseas risks thereby encouraging them to enter into 
new and  target markets.  
 
Rediscount Credit Programme; a pre -shipment finance facility implemented within the 
framework of an additional limit to the post -shipment discount limit extended to Turk 
Eximbank by the Central Bank of Turkey. The programme which requires  an export 
commitment, aims to support Turkish manufacturers, exporters and manufacturer -
exporters on pre -shipment basis. The opportunity for the companies to benefit from 
affordable export rediscount credit has been provided at the post -shipment stage 
provided that the bills transferred to factoring companies against export receivables and 
disbursed to Turk Eximbank.  
 
2. Medium -Long Term Export Credits (Project Credits)  
 
Medium -long term export credits are specific credit programmes ; available for export 
transactions that cannot be covered under the short -term credit and guarantee 
programmes.  
 
The Export Oriented Working Capital Credit Programme ; aims at financing raw materials, 
intermediate goods and other financial needs of companies. Manufacturers and 
manuf acturer -exporter firms which are established in Turkey and producing export 
oriented Turkish products are eligible to apply for this credit programme. Purchasing of 
raw materials and intermediate goods are financed based on the related expense bills.  
 
The Export Oriented Investment Credit Programme;  aims to finance the machinery, 
equipment and other investment materials of the manufacturers and manufacturer -
exporter firms which are established in Turkey and producing export oriented goods. The 
capital goods  such as machinery, equipment and other investment materials are financed 
in return for the related expense bills.  
 
Overseas Chain Stores Investment Credit Programme ; aims to support direct sales of 
Turkish brand consumer goods in international markets and  establish Turkish brand 
names and promote Turkish designed goods abroad. Turk Eximbank supports the 
overseas investments of Turkish entrepreneurs for the establishment of shopping malls 
and chain stores in which various consumer goods may be offered for s ale. 
 
Specific Export Credit Programme ; is used to evaluate credit demands that cannot be 
met within the Bank's existing standard credit programmes. It is a  short and  medium -
term pre -shipment financing facility provided to manufacturers/exporters and overseas 
contractors for projects that generate foreign currency. It aims to meet the specific 
requirements of Turkish manufacturers/exporters through medium -term financin g and 
thus encourage the export of new products to new markets.  
 
Trademark Credit Programme;  has been put into effect to allow differentiation in product 
design and branding, and to use advanced technology of high quality manufacturing in 
order to create a  good image for Turkish products in international markets.  
 
3. Export Finance Intermediation Loan Agreement (EFIL -IV) 
 
An Export Finance Intermediation Loan Agreement (EFIL -IV) worth USD 300 million was 
signed with the World Bank on 28 May 2008.  This credit line has a maturity of 30 years 
with a  5.5 year grace period. The deadline for application to the credit program is 
30 June 2013. The last date that a company received benefits under the program was 
28 June 2013.  
 
4. The European Investment Bank Credit Programme  
 
The aim of this credit programme is to finance the medium/long -term working and fixed 
capital investments of SMEs. The interest rate, maturity and terms of repayment 
(grace  period and instalment plan) are determined by Turk Eximbank on project basis.  
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  5. International Loans Programmes  
 
The International Loans Programmes aim to increase the competitive ness of Turkish 
exporters and contractors on international markets and to provide them with a risk -free 
environment for their activities in markets that have high political and commercial risks. 
The programmes also provide support for transactions that hav e strategic importance 
for foreign countries and are likely to contribute to the political and economic relations 
of Turkey.  
 
Terms and conditions of the support are determined in accordance with the OECD 
Arrangement on Officially Supported Export Credits (OECD Arrangement). Thus, all 
applications are evaluated in accordance with the OECD Arrangement and Turk Eximbank 
appraisal criteria. Turk Eximbank can provide medium/long term financial support for 
the cost of goods and services to be supplied from Turke y in the amount not exceeding 
85% of the export contract value. The objective of the International Loans Programmes 
is to provide financing to the foreign buyers/employers of Turkish exporters/contractors.  
 
6. Short -term Credit Insurance  
 
Short -term Export Cr edit Insurance Programme;  cover is provided on the whole -
turnover basis for commercial and political risks. Shipments up to 360 days to be effected 
on all payment terms from open -account to documentary credits are covered in 
accordance with the country cov er condition and credit limit approval. This is a post -
shipment facility, but since 2004 pre -shipment cover has also been provided for the 
insured firms within the framework of the Short -Term Export Credit Insurance 
Programme.  
 
Short -term Domestic Credit I nsurance Programme; cover is provided on the whole -
turnover basis for commercial risks. Domestic shipments up to 360 days are covered in 
accordance with the credit limit approval. It is a post -shipment facility.  
 
7. Medium and Long -term Insurance Facilities  
 
Specific Export Credit Insurance Post Shipment Risk Programme ; as a single contract 
(single buyer) multi -transaction export credit insurance programme, aims to provide 
insurance cover for the export of capital and semi -capital goods sold with credit terms  
in line with OECD Rules and it provides insurance cover for commercial and/or political 
risks for post shipment stages.  Extended credit terms may be covered in line with the 
specific conditions and/or the requirements of the export transaction upon the B oard's 
approval.  
 
4. Background and authority for the subsidy (including identification of the legislation under 
which it is granted ) 
 
The bank was created by the government decree (No.87/11914) in 1987 following the order of a 
specific Law (Law No. 3332) by maintaining the legal personality of the State Investment Bank. With 
this legislation, Turk Eximbank was transformed into a joint stock company subject to the provisions 
of the private law. In 2013 with a new decree (No.2013/4286) which repeal dec ree No.87/11914, 
the Turkish government implemented several key amendments of this legislation.  
 
In addition to the Law No. 3332 focusing on basic concepts of the organisation, product offering and 
resources, a minister resolution (Resolution of the Counci l of Ministers No. 2013/4286) plays an 
important role. The resolution includes the objective and scope of Turk Eximbank, but also further 
details regarding products, financial provisions and governance structures.  
 
The Articles of Association complement th e legal provisions for the Turkish export credit agency. 
They cover not only the establishment, objectives scope and activities, but also detail financial 
provisions, organs, management and representation of the bank, the scope of action for the Supreme 
Advisory and Credit Guidance Committee, fiscal accounts and distribution of profits, as well as special 
audit principles.  
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  Turk Eximbank is legally affiliated with the Presidency of The Republic of Turkey, or the Ministry to 
which the bank is affiliated. Wit hin this framework, the bank has been associated in 2018 with the 
Ministry of Trade.  
 
The operational framework of the Turkish export credit agency is shaped by its annual programs 
entering into force by a decision of the Supreme Advisory and Credit Guidan ce Committee. The 
committee can determine maximum limits on a general, country, sector or commodity basis. This 
applies to loans, guarantees and insurance cover provided by the Bank. The committee has to meet 
at least once a year. In addition, the Presiden cy or the affiliated Ministry of Trade can inspect and 
audit transactions and accounts, and demand information in every respect.  
 
Countries of operation and the limits to be assigned to these countries are determined by Supreme 
Advisory and Credit Guidanc e Committee and are approved by the Presidency of the Republic of 
Turkey. Loans to foreign countries for a maturity of 2 years and more and medium term insurance 
coverage are subject to approval of the Minister of Treasury and Finance according to Article 10 of 
Act No. 4749 related to the regulation of Public Finance and Debt Management.  
 
The Cabinet Degree no. 2009/15198 was put into effect on July 15, 2009 in accordance with Act no. 
4749 is regulating the financial supports provided by Turk Eximbank under  its export credit, 
insurance and guarantee programmes.  
 
5. Form of the subsidy (i.e., grant, loan, tax concession, etc. ): 
 
• Short -term export credits ; 
• In the form of loan . 
 
• Buyers' Credit and Guarantee Programme ; 
• It may be in the form of direct lending or guarantee . 
 
• Other medium and long term export credits ; 
• In the form of loan or guarantee . 
 
• Short, Medium and Long Term Insurance Facilities ; 
• In the form of credit insurance.  
 
6. To whom and how the subsidy is provided (whether to producers, to exporters, or others; 
through what mechanism; whether a fixed or fluctuating amount per unit; if the latter, how 
determined ) 
 
1. Short -term Export Credits  
 
(i) Credits Extended via Commercial Banks  
 
Pre-shipment Export Credit Programme ; extended to "Sectoral Foreign Trade 
Companies" (SFTC), manufacturers, manufacturer -exporters and exporters for a 
maximum of 540 days. The credit is extended via intermediary Turkish commercial 
banks, which are allocated credit lines following an evaluation process. Th ese 
commercial banks are responsible for the default risk of the borrowers. Turk Eximbank 
therefore assumes bank risk rather than that of the exporter or manufacturer. The 
interest rate is determined by Turk Eximbank according to money market rates, loan 
repayment periods and cost of funding.  
 
PSEC-Priority Development Areas Export Credit Programme ; extended to companies 
located in Turkey's priority development areas. Intermediary banks are required to 
extend at least 5 % of their credit limit to firms in th ese regions. Interest rate is slightly 
lower than the interest rate of PSEC TL.  
 
Free Trade Zone Pre -shipment Foreign Currency Export Credit Programme; extended in 
FX to companies located in Turkey's free trade zone areas. Interest rates are the same 
as that of PSEC -FX rates.  
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  Pre-Shipment Foreign Currency Export Credit via Participation Banks Programme; 
extended in FX to export -registered manufacturers, manufacturer exporters and 
exporter companies excluding the FTC companies with a maximum maturity of 360 days 
and the company limit in the program shall be a maximum of $15 million.  
 
(ii) Credits Extended Directly by Turk Eximbank  
 
Foreign Trade Companies Short -term Export Credit Programme ; extended to "Foreign 
Trade Corporate Companies" (FTCC) and "Sectoral Foreign Trade Companies" (SFTC) 
with a repayment period of up to 180 days. Applicants must be entitled to FTCC and 
SFTC status by the Ministr y of Trade. The interest rate is determined by Turk Eximbank 
according to money market rates, loan repayment periods and cost of funding . 
 
Pre-export Credit Programme ; extended to manufacturer -exporters ; exporters and 
export oriented manufacturers except F TCC and SFTC for a maximum of 360 days for 
both TL and FX credits. The interest rate for FX option is the same as that of PSEC FX 
and the rate for TL option is the same as that of PSEC TL.  
 
Free Trade Zone Pre -export Foreign Currency Export Credit Programm e; extended in FX 
to companies located in Turkey's free trade zone areas for a maximum of 360 days. 
Interest rates are the same as that of Pre -export Credits -FX rates.  
 
Pre-export Credit Programme for SMEs ; extended to only small and medium scale 
enterpris es directly by Turk Eximbank 540 days for FX and TL credits.  
 
(iii) Credits provided using the sources of the Central Bank of Turkey  
 
Post-Shipment Rediscount  Credit Programme ; Deferred export receivables of Turkish 
exporters, manufacturer -exporters and manufact urers subject to bankers’ acceptances 
provided by domestic commercial banks or irrevocable letters of credit which is added 
a payment confirmation by a domestic commercial bank; deferred export receivables 
arisen out of cash against goods, cash against doc uments, irrevocable letter or credit 
which were insured by Turk Eximbank Short – Term Export Credit Insurance policy are 
discounted by Turk Eximbank. Export receivables with a maturity of up to 360 days are 
discounted on LIBOR+spread, where spread is deter mined by Turk Eximbank.  
 
Rediscount Credit Programme; this pre -shipment financing facility is being executed 
within the framework of an additional limit to the post -shipment discount limit extended 
to Turk Eximbank by the Central Bank of Turkey . The programm e which requires an 
export commitment aims at providing support to Turkish manufacturers, exporters and 
manufacturer -exporters with maturity up to 360 days in the pre -shipment base. 
Promissory notes issued by exporters on behalf of Turk Eximbank, which hav e the aval 
of banks possessing a short -term letter of guarantee limit with Turk Eximbank are 
discounted under this limit. Since 2013, letter of guarantees issued by banks possessing 
short-term letter of guarantee limit with Turk Eximbank, including promiss ory notes 
without aval have also been accepted as guarantee under this programme. Export 
receivables with a maturity of up to 240 days discounted by the Central Bank of Turkey  
and up to 360 days are disco unted from Turk Eximbank’s own sources on 
LIBOR+spread, where spread is determined by Turk Eximbank.  
 
2. Medium -Long Term Export Credits (Project Credits)  
 
The Export Oriented Working Capital Credit Programme; manufacturers and 
manufacturer -exporter firms whi ch are established in Turkey and which produce export 
oriented Turkish products are eligible to apply for this credit programme in which 
purchasing of raw materials and intermediate goods are financed based on the related 
expense bills within 180 days befo re the application date, at latest. The maturity for this 
programme is 5 years with one year grace period. The company limit is USD 50 million. 
The interest rates for foreign currency loans are based on LIBOR/ EURIBOR plus a 
spread, while TL loans have a f ixed interest rate or TRLIBOR plus a spread, that is 
determined by Turk Eximbank according to money market rates, loan repayment periods 
and cost of funding.  G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
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  The Export Oriented Investment Credit Programme; aims to provide finance to the 
manufacturers and manufacturer -exporter firms, producing export oriented goods. The 
capital goods such as machinery, equipment and other investment materials are financed 
in return for the related expense bills within the 180 days prior to the application date, 
at latest. T he maximum company limit is USD 50 million. The loans have a maximum 
maturity of seven  years with a grace period of one or two years. The interest rates for 
foreign currency loans are based on LIBOR/ EURIBOR plus a spread while TRL loans have 
either a fixe d interest rate or TRLIBOR plus a spread, that is determined by Turk 
Eximbank according to money market rates, loan repayment periods and cost of funding.  
 
Overseas Chain Stores Investment Credit Programme; extended to Turkish 
entrepreneurs who invest abro ad for the establishment of shopping malls and chain 
stores and to those who invest abroad for the establishment of stores to sell their own 
brand.  Entrepreneurs who benefit from this programme may also benefit from the short -
term export credit programmes  for the export of Turkish goods to be sold in these stores. 
Credits under this programme are granted for up to seven years. The interest rate is 
determined by Turk Eximbank according to money market rates, loan repayment periods 
and cost of funding.  
 
Specific Export Credit Programme ; aims to provide finance to Turkish manufacturers, 
exporters and manufacturer -exporters having financial needs which cannot met by other 
credit programmes of Turk Eximbank. Terms and interest rates of the loans provided 
under this programme are determined by Turk Eximbank according to money market 
rates, loan repayment periods and cost of funding on project basis.  
 
Trademark Credit Programme; under this programme, the maturity of the loans are 
seven years with a grace period of two years or ten years with a grace period of 
three  years which are granted on a project basis with a floating interest rate, based on 
LIBOR/ EURIBOR plus a spread that i s determined by Turk Eximbank according to money 
market rates, loan repayment periods and cost of funding.  
 
3. Export Finance Intermediation Loan (EFIL -IV) 
 
The aim of this credit programme is to finance the medium/long -term working and fixed 
capital investme nts of the ship/yacht and dock building, and machinery manufacturing 
sectors. The interest rate, maturity and terms of repayment (grace period and instalment 
plan) are determined by Turk Eximbank on project basis.  
 
4. The European Investment Bank Credit Progr amme  
 
The aim of this credit programme is to finance the medium/long -term working and fixed 
capital investments of SMEs. The interest rate, maturity and terms of repayment (grace 
period and instalment plan) are determined by Turk Eximbank on project basis.  
 
5. International Loans Programmes  
 
The objective of the International Loans Programmes is to provide financing to the 
foreign buyers/employers of Turkish exporters/contractors. Turk Eximbank either 
allocates loans to governmental entities under the sovereig n guarantee of the relevant 
countries or to private companies through credit lines opened to the acceptable banks 
located in the host countries via its Buyer’s Credits Through Foreign Banks, Buyer’s 
Credits Through Sovereign Guarantee and Buyer’s Credits T hrough Domestic Banks 
Programmes.  
 
Buyer's Credits Through Foreign Banks and Buyer's Credits Through Sovereign 
Guarantee;  aims to meet the needs of the foreign buyers aiming to finance their import 
of: 
• Turkish goods and services with respect to the projects undertaken by Turkish 
contractors overseas ; 
• durable and non -durable consumer goods and/or capital goods of Turkish origin . 
 G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
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  The borrowers are sovereigns or those foreign banks that meet the eligibility criteria 
where the support type is in the for m of a direct loan.  
 
Buyer’s Credits Through Domestic Banks; aims to meet financing needs of Turkish 
exporters and their foreign buyers. Within the scope of the product, Domestic Banks in 
Turkey will be the borrower of Turk Eximbank loan. Domestic Banks, which are allocated 
a credit limit by Turk Eximbank, shall utilize Turk Eximbank loans to the Buyers who 
import Turkish goods from Turkey, through their branches, subsidiaries and 
correspondent banks operating overseas.  
 
6. Short -term Credit Insurance  
 
Short -term Export Credit Insurance Programme; all Turkish exporters, manufacturer -
exporters, FTCCs and SFTCs are eligible for this programme. Cover is available up to 
90% of losses incurred as a result of commercial and political risks. Premium is charged 
according to the risk classification of the buyer's country, credit length, payment term 
and the type of buyer (public or private).  
 
Short -term Domestic Credit Insurance Programme; the policyholders of Short -term 
Export Credit Insurance or the companies who are in the same group with these 
policyholders are eligible for this programme. Cover is available up to 90 % of losses 
incurred as a result of commercial risks. Premium  is charged according to the risk 
classification of the buyer and credit length.  
 
7. Medium and Long -term Insurance Facilities  
 
Specific  Export Credit Insurance Post Shipment Risk Programme; Capital or semi -capital 
goods exported by Turkish companies may qual ify for insurance under these programme. 
Coverage is typically up to 90 % of 85% of the contract value with 15 % of the contract 
value having to be paid in advance. The premium rates are determined by Turk Eximbank 
on transaction basis according to the risk classification of the buyer's country, credit 
length, terms and conditions of payment, the type of the buyer (public/private) and 
additional guarantees (or collaterals) provided by the debtor . 
 
7. Subsidy per unit, or in cases where this is not possible, t he total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in the 
previous year). Where provision of per unit subsidy information (for the year covered by the 
notification, for the previous year, o r both) is not possible, a full explanation  
 
Not available to Turk Eximbank's programmes.  
 
Regarding short -term credit and insurance programmes , Turk Eximbank complies with the 
Agreement on Subsidies and Countervailing Measures of the WTO. Interest rates o f these credits are 
determined by Turk Eximbank in accordance with the developments in money markets, loan 
repayment periods and cost of funding.  Short -term TL credits are mostly funded by equity, profits, 
and general provisions, which are regarded as cos t free items.  The rates charged by Turk Eximbank 
reflect the government's cost of funding and the Bank revises her rates according to the changes in 
market rates to prevent erosion of her resources from inflation. Interest rates of short -term foreign 
currency loans are defined by Turk Eximbank as "LIBOR+spread", where the spread is calculated by 
taking into account the credit length and cost of funds. In order to fund these loans, Turk Eximbank 
relies heavily on funds borrowed from commercial banks and int ernational financial markets. The 
interest rates of these loans also reflect the cost of funds.  
 
Regarding medium and long -term export credit, guarantee and insurance facilities, Turk Eximbank 
fully complies with OECD Arrangement, which determines the guid elines for the officially supported 
export credits for two years or more.  
 
Regarding export credit insurance programmes, Turk Eximbank follows all the disciplines and 
requirements furnished in the OECD Arrangement , Berne Union and the WTO. The insurance 
activities of Turk Eximbank are similar with those of the traditional ECAs'. Its basic insurance 
programmes are relatively well run and they fully meet the underwriting requirements of 
international reinsurers.  For export insurance covering political and co mmercial risk, the exporter G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
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  is charged a premium according to the risk classification of the buyer's country, credit length, 
payment term and the type of buyer (public or private). For domestic credit insurance covering 
commercial risk, the exporter is cha rged a premium according to the risk classification of the buyer 
and credit length. Like all other officially supported ECAs, only political risk is under the guarantee 
of the state; the losses incurred due to commercial risks are indemnified by Turk Eximb ank from its 
own resources. However, re -insurance treaties have been established with domestic and overseas 
re-insurance companies to cede part of the commercial and political risks borne by Turk Eximbank 
under the short -term export credit insurance and sh ort-term domestic credit insurance programmes 
(70% of commercial and political risks under short -term insurance activities are covered by a 
reinsurer’s panel on the basis of  a quota -share treaty). Premium rates and premiums collected have 
been fairly adequate to cover the long -term operating costs and losses of the programmes since 
commencement.  
 
8. Duration of the subsidy and/or any other time limits attached to it, including date of 
inception/commencement  
 
Turk Eximbank programmes may be revised, eliminated or new programmes are introduced 
according to the requirements of Turkish exporters and international rules and regulations.  
 
Pre-shipment TL Export Credit Progra mme; has been put into effect in 1989.  
International Loans Programmes ; has been in effect since 1989.  
Short -term Export Credit Insurance Programme ; has been put into effect in 1989.  
Foreign Trade Companies (FTC) Short -term FX Export Credit Programme;  has b een put into effect 
in 1993.  
Pre-shipment FX Export Credit Programme ; has been put into effect in 1994.  
Pre-export FX Credit Programme ; has been put into effect in 1994.  
Foreign Trade Companies (FTC) Short -term TL Export Credit Programme ; has been put into  effect 
in 1996.  
Post-Shipment Rediscount Credit Programme ; has been put into effect on  15 October  1996.  
Overseas Chain Stores Investment Credit Programme ; has been put into effect on  6 September 1996.  
Pre-export TL Credit Programme ; has been put into effect in 1997.  
Specific Export Credit Programme ; has been put into effect in 1997.  
Pre-export Credit Programme for SMEs ; was commenced in 2003.  
Rediscount Credit Programme ; has been put into effect on 12  October 1999.  
Export Finance Int ermediation Loan (EFIL – IV); has been put into effect on June 18, 2009 and the 
deadline for application to the credit program was  30 June 2013.  
The European Investment Bank Credit Programme ; has been put into effect on  21 January  2014,  
6 November  2014,  28 May 2015 and  6 May 2016.  
The International Islamic Trade Finance Corporation (ITFC) Backed Production Finance Credit 
Programme ; has been put into effect on  20 April 2010.  
The Export Oriented Working Capital Credit Programme; has been put into effect on  
30 January  2012. 
The Export Oriented Investment Credit Programme ; has been put into effect on 6  March  2012.  
Trademark Credit Programme ; has been put into effect on  14 May 2012. 
Short -term Domestic Credit Insurance Programme ; has been put into effect in 2013.  
Specific Export Credit Insurance Post Shipment Risk Programme ; has been put into effect in 1990 
and has been revised in 2013.  
Participation Banks Pre - Shipment Foreign Currency Export Credit Programme ; has been put into 
effect in 2014.  
 
Credit for Leasing Companies ; has been put into effect in 2019.  
 
9. Statistical data permitting an assessment of the trade effects of the subsidy. The specific 
nature and scope of such statistics is left to the judgement of the notifying Member. To the 
extent possible, relevant and/or determinable, however, it is desirable that such information 
include statistics of production, consumption, imports and exports of the subsid ized 
product(s) or sector(s) : 
 
(a) for the three most recent years for which statistics are available;  
(b) for a previous representative year, which, where possible and meaningful, should be the 
latest year preceding the introduction of the subsidy or preceding th e last major change 
in the subsidy.  G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
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  Turk Eximbank's Programmes In the Three Most Recent Years  
 (USD million)   
2018  2017  2016  
CREDIT/GUARANTEE  22,670.12  18,975.06  17,869.83  
1.SHORT TERM EXPORT CREDIT PROGRAMMES  20,618  16,785.10  15,650.67  
Pre-Shipment TL Export Credits  886.30  917.95  1,050.05  
Pre-Shipment FX Export Credit  1,316.00  1,423.87  1,232.74  
Pre- Shipment Foreign Currency Credit via Participation Banks  131.30  116.48   
Foreign Trade Companies S -T TL Export Credit  - - - 
Foreign Trade Companies S -T FX Export Credit  - - - 
Pre-Export TL Export Credit  - 0.23 427.43  
Pre-Export FX Export Credit  227.80  548.11  74.36  
Pre-Export TL Credit Programme for SMEs  650.80  457.83  314.03  
Pre-Export FX Credit Programme for SMEs  67.60  115.16  84.35  
Post-Shipment Rediscount Credit Programme  833.90  882,42  730.63  
Rediscount Credit Programme  20,618  16,785.10  15,650.67  
2.MEDIUM TERM EXPORT CREDIT/GUARANTEE PROGRAMMES  1,381.16  1,161.98  1,096.09  
The Export Oriented Working Capital Credit Programme  993.80  875.53  862.55  
The Export Oriented Investment Credit Programme  385.90  275.20  179.02  
Overseas Chain Stores Investment Credit Programme  0.260  - 0.450  
Specific Export Credit Programme  -   21.95  
Trademark Credit Programme  1.20 11.25  - 
3.EXPORT FINANCE INTERMEDIATION LOAN (EFIL – IV) - - - 
4.THE EUROPEAN INVESTMENT BANK CREDIT PROGRAMME  51.2 191.77  192.13  
5.CREDITS SOURCED BY OTHER INTERNATIONAL FINANCIAL 
INSTITUTIONS  312.5  652.76  658.94  
6.INTERNATIONAL LOANS PROGRAMMES  307.26  183.45  272.0  
INSURANCE  16,900.91  15,225.7  11,038.8  
1.S-T EXPORT CREDIT INSURANCE PROGRAMME  14,541.8  12,872.24  10,126.1  
2.S-T DOMESTIC CREDIT INSURANCE PROGRAMME  2,198.9  2,167.33  845.9  
3.MEDIUM AND L -T EXPORT CREDIT INSURANCE PROGRAMMES  160.21  186.20  66.8 
TOTAL  39,571.03  34,200.76  28,908.63  
4  FISHERIES SUPPORT PR OGRAMME  
1. Title of the subsidy program me, if relevant, or brief description or identification of the subsidy  
 
Fisheries Support Programme  
 
Every year, the support payments for the fisheries sector are made from agriculture support budget 
that was allocated from the general budget.  The principles of the payments have been determined 
by the decision of the Council of Ministers. The rules and procedures for the applicants have been 
identified  within the framework of the Communiqués published in the Official Gazette ev ery year.  
 
The Payments For The Fishing Vessels Owner Giving Up Fishing Activity  
 
The vessels registered and valid fishing licensing in the Fisheries Information System (SUBIS), which 
have a length of ten meters or bigger than ten meters having permissions for fishing  are included 
in the scope of  the support. The vessels operating in inland waters,  under 10 meters in length and  
that the administrative sanctions applied for IUU fishing vessels are excluded from the scope of the 
support.  
 G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
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  Aquaculture Support Programme  
 
The aquaculture support programme includes the instruments to increase the quality of production, 
to create disease -free enterprises and hatcheries, to promote the production of new species, to 
protect the environment and to re-cycle system used in aquaculture.  
 
Tax exempted fuel support Programme ( non -specific subsidies)  
 
The  special tax exemption programme has been applied in line with the list prepared by the Ministry 
of Finance and Treasury to the marine vehicles have be en performed. Also private vessels are 
excluded in the list.  The procedures and principles regarding the tax exempted fuel of   excise duty 
on these vessels are determined and implemented by the Ministry of Transport and Infrastructure.  
 
The Credits of Ag ricultural Bank for investment and operational Costs  
 
Ziraat Bank (Agricultural Bank)  provides subsidized investment and operational loans to the fisheries 
sector.  
 
2. Period covered by the notification. The period to be covered by the notification should  be the 
most recently completed calendar or fiscal year. In the latter case, the start and end dates 
of the fiscal year should be specified  
 
2015-2016. 
 
The program is implemented annually from 1 January to 31 December. Tax exempted fuel for fishing 
vessels is not provided from 1 May to 1 September when fishing is prohibited. In addition, Ziraat 
Bank gives discounted interest credits for investment and operating loans to the fisheries sector 
within the scope of the supports given to agriculture.  
 
3. Policy objective and/or purpose of the subsidy  
 
Preservation and protection of fisheries stocks,  reduction  of fishing fleet capacity, reduction of 
fishing pressure on stocks and ensuring sustainable fishing,  to reduce environmental degredation by 
using new technologies and by doing environmental -friendly  production.  
 
4. Background and authority for the subsid y (including identification of the legislation under 
which it is granted ) 
 
• Ministry of Agriculture and Forestry ( Subsidies and Buy Back Programme ) ; 
• Ministry of Treasury and Finance / Ministry of Infrastructure  and Transport 
(Tax exemption for fuel) ; 
• Ziraat Bank (Subsid ized investment and operating loans) . 
 
Relevant Legislations:  
 
(1) Article 19 of the Agricultural Law No. 5488 dated 18/4/2006 ; 
(2)  Decisions of the Council of Ministers published annually on Agricultural Supports to 
be published in  the Official Gazette ; 
(3) Communiqués issued annually covering the above issues published in the Official 
Gazette ; 
(4) Special Consumption Tax Law and Implementation Communiqués . 
 
5. Form of the subsidy (i.e., grant, loan, tax concession, etc. ) 
 
• The Payments For The Fishing Vessels Owner Giving Up Fishing Activity (Buy Back 
programme ); 
• Aquaculture Support Programme (Grants ); 
• Tax Exempted Fuel (Tax reduction) ; 
• Investment and operating loans (Low Loan Credit) . 
 G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
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  6. To whom and how the subsidy is provided (whether to producers, to exporters, or others; 
through what mechanism; whether a fixed or fluctuating amount per unit; if the latter, how 
determined ) 
 
The beneficiaries of these support  programmes are the owners of fishing vessels having licence s, 
aquaculture farm owners and fisheries cooperatives and unions.  
 
7. Subsidy per unit, or in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in the 
previous year). Where provision of per unit subsidy information (for the year covered by the 
notification, for the previous year, or both) is not possible, a full explanation * 
 
Within the framework of this program, the Ministry of Agriculture and Forestry ha s allocated a budget 
of 75.393.129 USD in 2015 and 60.890.246 USD in 2016 to the fisheries sector. The support 
accounts totallly to 222.373.389 USD in 2015 and 171.379.080 USD in 2016 including tax exempt ed 
fuel and Ziraat Bank investment and operating loa ns. 63.931.589 USD of this is tax exempt ed fuel 
support, while 83.048.671 USD is subsidized fiheries credits in 2015; and 62.258.818 USD is tax 
exempt ed fuel support, while 48.230.016 USD is subsidized fisheries credits in 2016.  
 
* Official Exchange Rate a s of January 2015: 1 USD =2,3491 TL 
* Official Exchange Rate as of January 2016: 1 USD=2,9475 TL 
 
8. Duration of the subsidy and/or any other time limits attached to it, including date of 
inception/commencement  
 
1 January 2015 - 31 December 2016 . 
 
9.  Statistical data permitting an assessment of the trade effects of the subsidy. The specific 
nature and scope of such statistics is left to the judgement of the notifying Member. To the 
extent possible, relevant and/or determinable, however, it is desirable  that such information 
include statistics of production, consumption, imports and exports of the subsidized 
product(s) or sector(s) : 
 
(a) for the three most recent years for which statistics are available;  
(b) for a previous representative year, which, where possi ble and meaningful, should be the 
latest year preceding the introduction of the subsidy or preceding the last maj or change 
in the subsidy.  
 
5  DISCOUNTED SPEC IAL CONSUMPTION TAX O N MARINE FUELS  
1. Title of the subsidy programme, if relevant, or brief description or identification of the subsidy  
 
Discounted Special Consumption Tax (SCT) implementation on marine fuels (diesel and fuel oil) . 
 
2. Period covered by the notification. The period to be covered by the notification should be the 
most recently co mpleted calendar or fiscal year. In the latter case, the start and end dates 
of the fiscal year should be specified  
 
Concerned practice has been implemented since  1 January 2004.  
 
3. Policy objective and/or purpose of the subsidy  
 
The objective of the programme is to use the current potential of seas surrounding Turkey at 
maximum level by reducing SCT costs in these industries and to ease the burden on national land 
transportation.  
 
4. Background and authority for the subsidy (including identification o f the legislation under  
which it is granted ) 
 
The implementation entered into force with publication of Decision of the Council of Ministers No. 
2003/5868 dated 1/7/2003 in the Official Gazette of 16/7/2003 No.19471 from the date of 1/1/2004. G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
- 18 - 
  The applicati on procedures and principles of the Decision are explained in the section (III / B -1) of 
the Implementation General Communiqué of SCT List (I).  
 
5. Form of the subsidy (i.e., grant, loan, tax concession, etc. ) 
 
This is a discounted tax implementation.  
 
6. To whom and how the subsidy is provided (whether to producers, to exporters, or others;  
through what mechanism; whether a fixed or fluctuating amount per unit; if the latter, how  
determined ) 
 
The ships carrying freight and passenger or servicing on the cab otage line, commercial yachts and 
fishing boats which are registered to the Turkish International Ship Registry (TISR) and the National 
Ship Registry (NSR) can benefit from this implementation.  
 
By the Decision of the Council of Ministers No. 2003/5868 the  SCT rate decreased to zero in the 
delivery of certain diesel and fuel oil types (marine fuels) whose HS codes are indicated in the 
Communiqué, to these vehicles.  
 
7. Subsidy per unit, or in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in the 
previous year). Where provision of per unit subsidy information (for the year covered by the 
notification, for the previous year, or both) is not possible , a full explanation  
 
The amount of SCT waived in 2017 is 792.087.981 TL.  
The amount of SCT waived in 2018 is 595.677.529 TL.  
 
8. Duration of the subsidy and/or any other time limits attached to it, including date of 
inception/commencement  
 
- 
 
9.  Statisti cal data permitting an assessment of the trade effects of the subsidy. The specific 
nature  and scope of such statistics is left to the judgement of the notifying Member. To the 
extent possible, relevant and/or determinable, however, it is desirable that su ch information 
include statistics of production, consumption, imports and exports of the subsidized 
product(s) or sector(s) : 
 
(a) for the three most recent years for which statistics are available;  
(b) for a previous representative year, which, where possible and meaningful, should be the 
latest year preceding the introduction of the subsidy or preceding the last major  change 
in the subsidy.  
 
6  COOPERATION SUPPORT PROGRAMME  
1. Title of the subsidy programme, if relevant, or brief description or identification of the subsidy  
 
Cooperation Support Programme . 
 
2. Period covered by the notification. The period to be covered by the notification should be the 
most recently completed calendar or fiscal year. In the latter case, the start and end dates 
of the fiscal year should be specified  
 
This notification relates to the support program provided during the period of 2016 -2018.  
 
3. Policy objective and/or purpose of the subsidy  
 
Purposes of the programme are to enhance co -work culture between SME s or between SMEs and 
large-sized enterprises and to contribute to development of cooperation which mutually provide 
benefit and competitive advantage  
 G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
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  4. Background and authority for the subsidy (including identification of the legislation under 
which it is granted ) 
 
This program is based on the Regulation on KOSGEB Support Programs entered into force after 
published in the Official Gazette dated 15/06/2010 and numbered 27612.  
 
5. Form of the subsidy (i.e., grant, loan, tax concession, etc. ) 
 
Grant and Reimbursable . 
 
6. To whom and how the subsidy is provided (whether to producers, to exporters, or others; 
through what mechanism; whether a fixed or fluctuating amount per unit; if the latter, how 
determined ) 
 
The enterprises which are registered  and active in the KOSGEB Database and which are the real or 
legal persons defined in the Turkish Commercial Code may apply.  
In the project application, at least 5 enterprises should come together for the purpose of cooperation.  
 
7. Subsidy per unit, or in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in the 
previous year). Where provision of per unit subsidy information (for the year covered by the 
notification, for the previous year, or both) is not possible, a full explanation  
 
The support budget of the KOSGEB Presidency is an integrated budget and there are no separate 
support budgets on a program basis. SMEs are supported in line with the appropr iations allocated 
under the central government budget.  
 
Detailed information about the Support Program is given below : 
 
Cooperation Partnership Models  
 
1. Operator Institution Model  
It is a model which an operator institution is established by project partne rs after the 
project is accepted. All process regarding the project is conducted by operator institution.  
 
2. Project Partnership Model  
It is a model in which each project partner fulfil  a part of activities indicated in business -
time plan taking place in project application form.  
Support Elements  
Operator Institution Model  
Technology Area of 
Operator Institution  Minimum Number 
of SMEs  Upper Support Limit (TL)  Total Upper 
Limit (TL)  Non-
reimbursable  Reimbursable  Total 
High 2 2 Million  3 Million  5 Million  5 Million  
Middle -High 3 2 Million  3 Million  5 Million  5 Million  
Others  5 2 Million  3 Million  5 Million  5 Million  
Note: In case of cooperation with large -sized enterprise, only one SME is enough to meet program conditions . 
Project Partnership Model  
Technology Area of 
the Project  Minimum Number 
of SMEs  Upper Support Limit for Each Project 
Partner(TL)  Total Upper 
Limit (TL)  Non-
reimbursable  Reimbursable  Total 
High 2 1 Million  1 Million  2 Million  10 Million  
Middle -High 3 500 Thousand  500 
Thousand  1 Million  10 Million  
Others  5 250 Thousand  500 
Thousand  750 
Thousand  5 Million  
Note: In case of cooperation with large -sized enterprise, only one SME is enough to meet program conditions . G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
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  Project Issues To Be Supported  
 
Cooperation projects which are between SME or between SMEs and large -sized enterprises 
on the subjects of : 
 
• Co-manufacturing to increase capacity, efficiency, product variety and quality ; 
• Co-development of product and service and co -designing to meet demand of customer 
and market ; 
• Co-laboratory to increase quality of product and service ; 
• Co-marketing to increase market sharing and to create brand image and ; 
• Cooperation to develop capability and to participate to value chain  
are supported.  
 
8. Duration of the subsidy and/or any other time limits attached to it, including date of 
inception/commencement  
 
The Support Program comes into force with  the decision of the KOSGEB Executive Committee. 
Support Program will be in force until the KOSGEB Executive Committee decision for changing it.  
 
9. Statistical data permitting an assessment of the trade effects of the subsidy. The specific 
nature and scop e of such statistics is left to the judgement of the notifying Member. To the 
extent possible, relevant and/or determinable, however, it is desirable that such information 
include statistics of production, consumption, imports and exports of the subsidized  
product(s) or sector(s) :  
 
(a) for the three most recent years for which statistics are available;  
(b) for a previous representative year, which, where possible and meaningful, should be the 
latest year preceding the introduction of the subsidy or preceding the last major change 
in the subsidy.  
 
The available statistics about the support program are provided in the table including the previous 
years of notification.  
The Amount of Support Provided by Years  
Cooperation Support Programme  2016  2017  2018  
5.132.103 TL  9.079.029  9.488.250 TL 
7  CREDIT INTEREST SUPPORT PROGRAMME  
1. Title of the subsidy programme, if relevant, or brief description or identification of the subsidy  
 
Credit Interest Support Programme . 
 
2. Period covered by the notification. The period to be covered by the notification should be the 
most recently completed calendar or fiscal year. In the latter case, the start and end dates 
of the fiscal year should be specified  
 
This notification relates to the support program p rovided during the period of 2016 -2018.  
 
3. Policy objective and/or purpose of the subsidy  
 
Support is given to enterprises to provide cash loans from public banks, private banks, participation 
banks under appropriate conditions in order to increase the sh are and efficiency of small and 
medium -sized enterprises in meeting the economic and social needs of the country, to increase their 
competitiveness, and to realize industrial integration in accordance with economic developments.  
 
4. Background and authority for the subsidy (including identification of the legislation under 
which it is granted ) 
 
This program is based on the KOSGEB SME Loan Interest Support Regulation entered into force after 
published in the Official Gazette dated 19/09/2009 and numb ered 27354.  G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
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  5. Form of the subsidy (i.e., grant, loan, tax concession, etc. ) 
 
Loan. 
 
6. To whom and how the subsidy is provided (whether to producers, to exporters, or others; 
through what mechanism; whether a fixed or fluctuating amount per unit; if the latter, how 
determined ) 
 
The enterprises that are registered and active in the KOSGEB Database, the SME Information 
Declaration is updated and defined in the Program can benefit from KOSGEB Loan Interest Support.  
 
7. Subsidy per unit, or in cases where  this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in the 
previous year). Where provision of per unit subsidy information (for the year covered by the 
notification, for the previous year, or both) is not possible, a full explanation  
 
The support budget of the KOSGEB Presidency is an integrated budget and there are no separate 
support budgets on a program basis. SMEs are supported in line with the appropriations alloca ted 
under the central government budget.  
 
8. Duration of the subsidy and/or any other time limits attached to it, including date of 
inception/commencement  
 
The Support Program comes into force with the decision of the KOSGEB Executive Committee. 
Support Pr ogram will be in force until the KOSGEB Executive Committee decision for changing it.  
 
9. Statistical data permitting an assessment of the trade effects of the subsidy. The specific 
nature and scope of such statistics is left to the judgement of the notify ing Member. To the 
extent possible, relevant and/or determinable, however, it is desirable that such information 
include statistics of production, consumption, imports and exports of the subsidized 
product(s) or sector(s) : 
 
(a) for the three most recent years for which statistics are available;  
(b) for a previous representative year, which, where possible and meaningful, should be 
the latest year preceding the introduction of the subsidy or preceding the last major 
change in the subsidy.  
 
The available statis tics about the support program are provided in the table  including  the previous 
years of notification.  
The Amount of Support Provided by Years  
Credit Interest Support Programme  2016  2017  2018  
31.942.098 TL 739.411.350 TL 531.417.826 TL 
8  EMERGING COMPANIES MARKET SME  SUPPORT PROGRAMME  
1. Title of the subsidy programme, if relevant, or brief description or identification of the subsidy  
 
Emerging Companies Market SME Support Programme . 
 
2. Period covered by the notification. The period to be covered by the notification should be the 
most recently completed calendar or fiscal year. In the latter case, the start and end dates 
of the fiscal year should be specified  
 
This notification relates to the support program provided during the period of 2016-2018.  
 
3. Policy objective and/or purpose of the subsidy  
 
The purpose of this program; to increase access to finance for small and medium sized enterprises 
with growth and growth potential by supporting the stock trading of SME’s in the Emerging 
Compa nies Market.  G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
- 22 - 
  4. Background and authority for the subsidy (including identification of the legislation under 
which it is granted ) 
 
This program is based on the Regulation on KOSGEB Support Programs entered into force after 
published in the Official Gazette dated 15/06/2010 and numbered 27612.  
 
5. Form of the subsidy (i.e., grant, loan, tax concession, etc. ) 
 
Grant . 
 
6. To whom and how the subsidy is provided (whether to producers, to exporters, or others; 
through what mechanism; whether a fixed or fluctuatin g amount per unit; if the latter, how 
determined ) 
 
The enterprise that wishes to benefit from the program must apply to the relevant Implementation 
Unit, the applicant company must be joint stock company and registered and active in the KOSGEB 
Database.  
 
7. Subsidy per unit, or in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in the 
previous year). Where provision of per unit subsidy information (for t he year covered by the 
notification, for the previous year, or both) is not possible, a full explanation  
 
The support budget of the KOSGEB Presidency is an integrated budget and there are no separate 
support budgets on a program basis. SMEs are supported i n line with the appropriations allocated 
under the central government budget.  
 
Detailed information about the Support Program is given below : 
 
Support Elements  Support Payments Upper Limit (TL)  Support Ratio (%)  
Market advisor consultancy service cost  100,000  75 
The brokerage commission to be paid to 
the brokerage house  300,000  75 
Independent Audit Service Cost  80,000  75 
Lawyer Report Costs  10,000  75 
CMB Board Registration Fee  10,000  100 
Central Registry Agency costs  10,000  100 
The total upper limit of the support provided under the program is 500.000 TL . 
8. Duration of the subsidy and/or any other time limits attached to it, including date of 
inception/commencement  
 
The Support Program comes into force with the decision of the KOSGEB Executive Committee. 
Support Program will be in force until the KOSGEB Executive Committee decision for changing it.  
 
9. Statistical data permitting an assessment of the trade effects of the subsidy. The specific 
nature and scope of such statistics is left to the judgement of the notifying Member. To the 
extent possible, relevant and/or determinable, however, it is desirable that such information 
include statistics of production, consumption, imports and exports of the subsidized 
product(s) or sector (s): 
 
(a) for the three most recent years for which statistics are available;  
(b) for a previous representative year, which, where possible and meaningful, should 
be the latest year preceding the introduction of the subsidy or preceding the last 
major change in t he subsidy.  
 
The available statistics about the support program are provided in the table including the previous 
years of notification.  
 G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
- 23 - 
  The Amount of Support Provided by Years  
Emerging Companies Market SME Support Programme  2016  2017  2018  
80.512 TL 0 TL 72.126 TL 
9  ENTREPRENEURSHIP SUP PORT PROGRAMME  
1. Title of the subsidy programme, if relevant, or brief description or identification of the subsidy  
 
Entrepreneurship Support Programme . 
 
2. Period covered by the notification. The period to be covered by the notification should be the 
most recently completed calendar or fiscal year. In the latter case, the start and end dates 
of the fiscal year should be specified  
 
This notification relates to the support program provided during the period 2016 -2018.  
 
3. Policy objective and/or purpose of the subsidy  
 
The main purpose of this program is to support entrepreneurship, which is the main factor in the 
solution of economic development and employment problems, and to establish successful 
enterprises.  
 
4. Background and authority for the subsidy (including identification of the legislation under 
which it is granted ) 
 
This program is based on the Regulation on KOSGEB Support Programs entered into force after 
published in the Official Gazette  dated 15/06/2010 and numbered 27612.  
 
5. Form of the subsidy (i.e., grant, loan, tax concession, etc. ) 
 
Grant and reimbursable . 
 
6. To whom and how the subsidy is provided (whether to producers, to exporters, or others; 
through what mechanism; whether a f ixed or fluctuating amount per unit; if the latter, how 
determined ) 
 
The enterprises established by entrepreneurs who have completed the Applied Entrepreneurship 
Training can apply.  
 
7. Subsidy per unit, or in cases where this is not possible, the total am ount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in the 
previous year). Where provision of per unit subsidy information (for the year covered by the 
notification, for the previous year, or both) is not possible, a full explanation  
 
The support budget of the KOSGEB Presidency is an integrated budget and there are no separate 
support budgets on a program basis. SMEs are supported in line with the appropriations allocated 
under the central government budget.  
 G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
- 24 - 
  Detailed information about the Support Program is given below : 
 
SUPPORT ELEMENT    TOP 
LIMIT 
(TL) SUPPORT RATE (%)  
(1st and 2nd Region)  SUPPORT RATIO (%)  
(3rd, 4th, 5th and 6th 
Region)  
Establishment Support  
Grant  2.000  - 
Establishment Period 
Machinery, Equipment, 
Office Hardware and 
Software Support  18.000  60 
Women Entrepreneur, 
Ghazi, First degree 
martyr relatives or 
disabled entrepreneurs  
80% applied.  70 
Women Entrepreneur, 
Ghazi, First degree 
martyr relatives or 
disabl ed entrepreneurs  
90% applied.  Operating Expenses 
Support  30.000  
TOTAL GRANT  50.000  
Fixed Investment 
Support  Reimbursable  100.000  
 
8. Duration of the subsidy and/or any other time limits attached to it, including date of 
inception/commencement  
 
Support Programs come into force with the decision of the KOSGEB Executive Committee. 
Entrepreneurship Support Program, which was put into effect in 2010, was abolished as of the end 
of 2018.  
 
9. Statistical data permitting an asses sment of the trade effects of the subsidy. The specific 
nature and scope of such statistics is left to the judgement of the notifying Member. To the 
extent possible, relevant and/or determinable, however, it is desirable that such information 
include stati stics of production, consumption, imports and exports of the subsidized 
product(s) or sector(s) : 
 
(a) for the three most recent years for which statistics are available;  
(b) for a previous representative year, which, where possible and meaningful, should 
be the latest year preceding the introduction of the subsidy or preceding the last 
major change in the subsidy.  
 
The available statistics about the support program are provided in the table  including the previous 
years of notification.  
The Amount of Support Provi ded by Years  
Entrepreneurship Support Programme  2016  2017  2018  
240.655.517 TL  443.419.627 TL  596.332.602 TL  
10  KOBIGEL -SME DEVELOPM ENT SUPPORT PROGRAMM E 
1. Title of the subsidy programme, if relevant, or brief description or identification of the subsidy  
 
KOBIGEL – SME Development Support Programme . 
 
2. Period covered by the notification. The period to be covered by the notification should be the 
most recently completed calendar or fiscal year. In the latter case, the start and end dates 
of the fis cal year should be specified  
 
This notification relates to the support program provided during the period of 2016 -2018.  
 
3. Policy objective and/or purpose of the subsidy  
 
In line with the national and international targets of the country, increasing the shares and activities 
of small and medium -sized enterprises in the economy . 
 
Supporting the projects that SMEs will prepare for the purpose of increasing the competitive power 
and the added value they provide.  
 G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
- 25 - 
  4. Background and authority fo r the subsidy (including identification of the legislation under 
which it is granted ) 
 
This program is based on the Regulation on KOSGEB Support Programs entered into force after 
published in the Official Gazette dated 15/06/2010 and numbered 27612.  
 
5. Form of the subsidy (i.e., grant, loan, tax concession, etc. ) 
 
Grant and Reimbursable . 
 
6. To whom and how the subsidy is provided (whether to producers, to exporters, or others; 
through what mechanism; whether a fixed or fluctuating amount per unit; if the latter, how 
determined ) 
 
The enterprises which are registered and active in the KOSGEB Database and which are the real or 
legal persons defined in the Turkish Commercial Code may apply.  
 
7. Subsidy per unit, or in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in the 
previous year). Where provision of per unit subsidy information (for the year covered by the 
notification, for the previous year, or b oth) is not possible, a full explanation  
 
The support budget of the KOSGEB Presidency is an integrated budget and there are no separate 
support budgets on a program basis. SMEs are supported in line with the appropriations allocated 
under the central gover nment budget.  
 
Detailed information about the Support Program is given below.  
 
The support elements will be amended by considering the specificity of the subject in the context of 
the Call for Proposals.  
 
Project Duration  At least 6 Months  
Up to 36 Months  
(+6) Months  
Support Upper Limit  Grant - Up to 300,000 TL  
Interest free Loan - Up to 700,000 TL  
Project Support Rate  60%  
 
8. Duration of the subsidy and/or any other time limits attached to it, including date of 
inception/commencement  
 
The Support Program comes into force with the decision of the KOSGEB Executive Committee. 
Support Program will be in force until the KOSGEB Executive Committee decision for changing it.  
 
9. Statistical data permitting an assessment of the trade effects of the subsidy. The specific 
nature and scope of such statistics is left to the judgement of the notifying Member. To the 
extent possible, relevant and/or determinable, however, it is desirable that such information 
include statistics of production, consumption, imports and exports of the subsidized 
product(s) or sector(s) :  
 
 
(a) for the three most recent years for which statistics are available;  
(b) for a previous representative year, which, where possible and meaningful, should be the 
latest  year preceding the introduction of the subsidy or preceding the last major change 
in the subsidy.  
 
The available statistics about the support program are provided in the table  including  the previous 
years of notification.  G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
- 26 - 
  The Amount of Support Provided by Years  
KOBIGEL – SME Development Support 
Programme  2016  2017  2018  
30.763.201 
TL 149.751.672 
TL 257.364.661 
TL 
11  INTERNATIO NAL ACCELERATOR SUPPORT  PROGRAMME  
1. Title of the subsidy programme, if relevant, or brief description or identification of the subsidy  
 
lnternational Accelerator Support Programme . 
 
This program consists of two sub -programs : 
 
(a) International Incubation Center Building Program . 
(b) International Accelerator Program : 
• The Organizational International Acceleration Programme ; 
• The Internatinal Accelerator Programme for Individual Participation . 
 
2. Period covered by the notification. The period to be covered by the notification should be the 
most recen tly completed calendar or fiscal year. In the latter case, the start and end dates 
of the fiscal year should be specified  
 
This notification relates to the support program provided during the period of 2017 -2018.  
 
3. Policy objective and/or purpose of the subsidy  
 
The purpose of this program; R&D and innovation activities are to support the establishment of an 
international incubation center and participation of companies in the acceleration programs in order 
to take place in the international markets, to i ncrease the exportation and to take place in the 
advanced entrepreneurship ecosystems of domestic technology intensive start -ups. 
 
4. Background and authority for the subsidy (including identification of the legislation under 
which it is granted ) 
 
This program is based on the Regulation on KOSGEB Support Programs entered into force after 
published in the Official Gazette dated 15/06/2010 and numbered 27612 . 
 
5. Form of the subsidy (i.e., grant, loan, tax concession, etc. ) 
 
Grant  
 
6. To whom and how the subsidy is provided (whether to producers, to exporters, or others; 
through what mechanism; whether a fixed or fluctuating amount per unit; if the latter, how 
determined ) 
 
A) INTERNATIONAL INCUBATION CENTER BUILDING PROGRAM  
The company shall be established in the status of a limited or joint stock company specified 
in the Turkish Commercial Code and in partnership with the applicants.  
 
B) INTERNATIONAL ACCELERATOR PROGRAM  
• The Organizational International Acceleration Programme : 
The support provid ed for individual or joint participation in the international accelerator 
programmes to be organized solely or jointly with : 
✓ KOSGEB departments ; 
✓ Universities ; 
✓ Technopolls ; 
✓ Technology Transfer Offices ; 
✓ Private Incubation Centers/Accelerators . 
 G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
- 27 - 
  • The Internatinal Accelerator Programme for Individual Participation : 
The individual participation of enterprises, which are supported and achieved in success 
by using public resources for R&D and/or innovation projects in the international 
accelerator programm e, shall be supported. The individual participant enterprises in the 
international accelerator programme shall be determined by the relevant department of 
KOSGEB and published at  www.kosqeb.gov.tr . 
 
7. Subsidy per unit, or in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in the 
previous year). Where provision of per unit subsidy information (for the year covere d by the 
notification, for the previous year, or both) is not possible, a full explanation.  
 
The support budget of the KOSGEB Presidency is an integrated budget and there are no separate 
support budgets on a program basis. SMEs are supported in line with the appropriations allocated 
under the central government budget.  
 
Detailed information about the Support Program is given below : 
 
A) INTERNATIONAL INCUBATION CENTER BUILDING PROGRAM : 
1. Institution and Equipment Support : 
Business Establishment Costs ; 
Building Renovation ; 
Infrastructure ; 
Office Equipment ; 
Software Costs ; 
Certified Public Accountant ; 
Transportation Costs . 
 
Support Upper Limit: USD 100,000  
  
2. Operational Costs Support : 
Incubation Center Rent ; 
Operating Costs ; 
Promotion Activities ; 
Training, Consultancy, Mentoring, Business Management, Law, Intellectual and Industrial 
Property Rights Services and Organizations to be Received . 
 
Support Upper Limit: USD 3,750,000  
 
B) INTERNATIONAL ACCELERATOR PROGRAM : 
1. Accelerator Office Lease Costs ; 
2. Education Costs ; 
3. Consulting Costs ; 
4. Mentoring Costs ; 
5. Business Management Costs ; 
6. Legal Costs ; 
7. Intellectual and Industrial Property Costs ; 
8. Transportation Costs ; 
9. Accommodation Costs ; 
10. Sworn Financial C onsultancy Services Costs ; 
11. General Organization Costs . 
 
Support Upper Limit : USD 15,000 is given to SME’s for participating an accelerator program, with 
a support upper limit of USD 60,000.  
 
8. Duration of the subsidy and/or any other time limits attac hed to it, including date of 
inception/commencement  
 
The Support Program comes into force with the decision of the KOSGEB Executive Committee. 
Support Program will be in force until the KOSGEB Executive Committee decision for changing it.  
 G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
- 28 - 
  9. Statistical d ata permitting an assessment of the trade effects of the subsidy. The specific 
nature and scope of such statistics is left to the judgement of the notifying Member. To the 
extent possible, relevant and/or determinable, however, it is desirable that such in formation 
include statistics of production, consumption, imports and exports of the subsidized 
product(s) or sector(s):  
 
(a) for the three most recent years for which statistics are available;  
(b) for a previous representative year, which, where possible and meaningful, should be the 
latest year preceding the introduction of the subsidy or preceding the last major change 
in the subsidy.  
 
The available statistics about the support program are provided in the table  including  the previous 
years of notification.  
The Amount of Support Provided by Years  
lnternational Accelerator Support Programme  2017  2018  
3.088.101 TL  4.320.409 TL 
 
12  R&D, INNOVATION AND INDUSTRIAL APPLICATI ON SUPPORT PROGRAMME  
1. Title of the subsidy programme, if relevant, or brief description or identification of the subsidy  
 
R&D, Innovation and Industrial Application Support Programme . 
 
This program consists of two sub -programs : 
• R & D and Innovation Program ; 
• Industrial Application Support Program . 
 
2.   Period covered by the notification. The period to be covered by the notification should be the 
most recently completed calendar or fiscal year. In the latter case, the start and end dates 
of the fiscal year should be specified  
 
This notification relates to the support program p rovided during the period 2016 -2018.  
 
3. Policy objective and/or purpose of the subsidy  
 
R & D and Innovation Program:  The purpose of the R & D and Innovation Programme is to 
develop small and medium sized enterprises and entrepreneurs with new ideas and i nventions based 
on science and technology and to support the projects about development of new products, new 
processes, information and / or services.  
 
Industrial Application Support Programme:  Scope of Industrial Application Program; KOSGEB 
supports proje cts designed to produce new products, increase quality, bring cost -effective new 
techniques and commercialize products or processes suitable for the market.  
 
4. Background and authority for the subsidy (including identification of the legislation under 
which it is granted ) 
 
This program is based on the Regulation on KOSGEB Support Programs entered into force after 
published in the Official Gazette dated 15/06/2010 and numbered 27612.  
 
5. Form of the subsidy (i.e., grant, loan, tax conce ssion, etc. ) 
 
Grant and reimbursable  
 
6. To whom and how the subsidy is provided (whether to producers, to exporters, or others; 
through what mechanism; whether a fixed or fluctuating amount per unit; if the latter, how 
determined ) 
 
Entrepreneurs who wish  to benefit from the program and the entities defined as real or legal persons 
defined in the Turkish Commercial Code should apply to the relevant Implementation Unit. It is G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
- 29 - 
  essential that the enterprises that apply for the project are registered and activ e in the KOSGEB 
Database.  
 
7. Subsidy per unit, or in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in the 
previous year). Where provision of per unit subsidy information (for the year covered by the 
notification, for the previous year, or both) is not possible, a full explanation  
 
The support budget of the KOSGEB Presidency is an integrated budget and there are no separate 
support budgets on a prog ram basis. SMEs are supported in line with the appropriations allocated 
under the central government budget.  
 
Detailed information about the Support Program is given below : 
R & D and Innovation Program  
 Support Upper 
Limit (TL)  Support 
Rate (%)  
Workshop Support  Workshops are for free  
Rent Support  30,000  
(In Techno 
park)  
24,000  
(Out of Techno 
park)  75 
Machinery -Equipment, Hardware, Raw Materials, Software and Service 
Procurement Costs Support  150,000  75 
Machinery -Equipment, Hardware, Raw Materials, Software and Service 
Procurement Costs Support (Interest Free Loan)  300,000  75 
Staff Cost Support  150,000  75 
Start-up Capital Support  20,000  100 
Project 
Development 
Support  Project Consultancy Support  25,000  
75 Training Support  10,000  
Industrial and Intellectual Property Support  20,000  
Project Promotion Support  5,000  
Domestic - Overseas Congress / Conference / 
Exhibition Visit / Technological Cooperation Visit 
Support  15,000  
Testing, Analysis, Certification Support  25,000  
 
Industrial Application Support Programme  
Supported Project Costs  Support Upper 
Limit (TL)  Support Rate 
(%) 
Rent Support  18,000  75 
Machine -Equipment, Hardware, Consumables, Software and 
Design Costs Support  150.000  75 
Machine -Equipment, Hardware, Supplies, Software and Design 
Costs Support (Payback)  500,000  75 
Staff Cost Support  150,000  75 
 
8. Duration of the subsidy and/or any other time limits attached to it, including date of 
inception/commencement  
 
The Support Program comes into force with the decision of the KOSGEB Executive Committee. 
Support Program will be in force until the KOSGEB Executive Committee decision for changing it.  
 
9. Statistical data permitting an assessment of the trade effects of the subsidy. The specific 
natur e and scope of such statistics is left to the judgement of the notifying Member. To the 
extent possible, relevant and/or determinable, however, it is desirable that such information 
include statistics of production, consumption, imports and exports of the subsidized 
product(s) or sector(s):   
 
(a) for the three most recent years for which statistics are available;  G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
- 30 - 
  (b) for a previous representative year, which, where possible and meaningful, should be the 
latest year preceding the introduction of the subsidy or prece ding the last major change 
in the subsidy.  
 
The available statistics about the support program are provided in the table  including the previous 
years of notification.  
 
The Amount of Support Provided by Years  
R&D, Innovation and Industrial Application 
Support Programme  2016  2017  2018  
49.896.284 TL  58.767.148 TL  71.370.036 TL  
 
13  SME DEVELOPMENT SUPP ORT PROGRAMME  
1. Title of the subsidy programme, if relevant, or brief description or identification of the subsid y 
 
SME Development Support Programme . 
 
2. Period covered by the notification. The period to be covered by the notification should be the 
most recently completed calendar or fiscal year. In the latter case, the start and end dates 
of the fiscal year should be specified  
 
This notification relates to the support program provided during 2018.  
 
3. Policy objective and/or purpose of the subsidy  
 
The purpose of this program is to increase the competitiveness, institutionalization -branding levels 
and share of the economy in smal l and medium sized enterprises, to develop their capacities and to 
meet their priority needs.  
 
4. Background and authority for the subsidy (including identification of the legislation under 
which it is granted ) 
 
This program is based on the Regulation on K OSGEB Support Programs entered into force after 
published in the Official Gazette dated 15/06/2010 and numbered 27612.  
 
5. Form of the subsidy (i.e., grant, loan, tax concession, etc. ) 
 
Grant . 
 
6. To whom and how the subsidy is provided (whether to produce rs, to exporters, or others; 
through what mechanism; whether a fixed or fluctuating amount per unit; if the latter, how 
determined ) 
 
The enterprises which are registered and active in the KOSGEB Database and which are the real or 
legal persons defined in t he Turkish Commercial Code may apply.  
 
7. Subsidy per unit, or in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in the 
previous year). Where provision of per unit subsidy information (for the year covered by the 
notification, for the previous year, or both) is not possible, a full explanation  
 
The support budget of the KOSGEB Presidency is an integrated budget and there are no separate 
support budgets on a program basis. SMEs are supported in line with the appropriations allocated 
under the central government budget.  
 G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
- 31 - 
  Detailed information about the Support Program is given below.  
 
Business Development Support Program Support  Support Upper Limit (TL)  Support Rate  
Domestic Fair Support  50,000  60 
Overseas Business Trip Support  20,000  60 
Qualified Staff Employment Support (*)  50,000  60 
Training Support  20,000  60 
Energy Efficiency Support  35,000  60 
Design Support  25,000  60 
Industrial Property Rights Support (**)  30,000  60 
Certification Support (**)  30,000  60 
Test and Analysis Support  30,000  60 
Within the scope of KOSGEB  SME and Entrepreneurship Awards, finalists determined annually are  supported 
100% for their one international business trip costs without considering the upper limits from the international 
business trip program organized by KOSGEB.  
(*)  Personnel to be e mployed within the scope of Qualified Staff Employment Support; If entrepreneur is 
a new graduate form a university, female, disabled, first degree relative of a martyr, or a veteran, 
The Extra 20 % (twenty) is added to the support rate.  
(**) The documents to be obtained from TSE and TURKPATENT are 100 % supported.  
8. Duration of the subsidy and/or any other time limits attached to it, including date of 
inception/commencement  
 
The Support Program comes into force with the decision of the KOSGEB Executive Committee. 
Support Program will be in force until the KOSGEB Executive Committee decision for changing it.  
 
9. Statistical data permitting an assessment of the trade effects of the subsidy. The specific 
nature and scope of such statistics is left to the judgement of the notifying Member. To the 
extent possible, relevant and/or determinable, however, it is desirable that such information 
include statistics of production, consumption, imports and exports of the subsidized 
product(s ) or sector(s) :  
 
(a) for the three most recent years for which statistics are available;  
(b) for a previous representative year, which, where possible and meaningful, should be 
the latest year preceding the introduction of the subsidy or preceding the last major  
change in the subsidy.  
 
The available statistics about the support program are provided in the table including the previous 
years of notification.  
The Amount of Support Provided by Years  
SME Development Support Programme  2018  
311.897 TL 
 
14  SME DEVELOPMENT SUPPORT PROGRAMME  
1. Title of the subsidy programme, if relevant, or brief description or identification of the subsidy  
 
SME Technological Product Investment Support Programme . 
 
2. Period covered by the notification. The period to be covered by  the notification should be the 
most recently completed calendar or fiscal year. In the latter case, the start and end dates 
of the fiscal year should be specified  
 
This notification relates to the support program provided during 2018.  
 
3. Policy objective and/or purpose of the subsidy  
 
The purpose of the programme is to increase export by supporting investments which purpose 
production and commercialization of new product/products resulting from R&D or innovation 
activities, for providing value ad ded to economy.  G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
- 32 - 
  4. Background and authority for the subsidy (including identification of the legislation under 
which it is granted ) 
 
This program is based on the Regulation on KOSGEB Support Programs entered into force after 
published in the Official Gazet te dated 15/06/2010 and numbered 27612.  
 
5. Form of the subsidy (i.e., grant, loan, tax concession, etc. ) 
 
Grant and reimbursable  
 
6. To whom and how the subsidy is provided (whether to producers, to exporters, or others; 
through what mechanism; whether a  fixed or fluctuating amount per unit; if the latter, how 
determined ) 
 
Enterprises which : 
 
1. Are operating for at least 1 year . 
 
2. Have one of the following documents, indicating that R&D project completed up to 5 years 
ago: 
• resulting from a R&D and Innovation Projects which are supported by KOSGEB and 
other public institutions, law -established foundations or international funds ; 
• being protected by a patent ; 
• result from a doctoral study ; 
• certificate of Technological Product Experience . 
 
3. Complete prototyping . 
 
7.   Subsidy per unit, or in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in the 
previous year). Where provision of per unit subsidy information (for the year covered by the 
notification, for the previous year, or both) is not possible, a full explanation  
 
The support budget of the KOSGEB Presidency is an integrated budget and there are no separate 
support budgets on a program b asis. SMEs are supported in line with the appropriations allocated 
under the central government budget . 
 
Detailed information about the Support Program is given below . 
 
Support Elements  Support Rate  
Machinery -Equipment Support  %100  
(%60 non-reimbursable+%40 reimbursable)  
Production Line Design Costs Support  %60  
(non-reimbursable)  
Software Costs Support  %60 
(non-reimbursable)  
Staff Costs Support  %60 
(non-reimbursable)  
Training and Consultancy Support  %60 
(non-reimbursable)  
Promotion and Marketing Costs Support  %60 
(non-reimbursable)  
 
8. Duration of the subsidy and/or any other time limits attached to it, including date of 
inception/commencement  
 
The Support Program comes into force with the decision of the KOSGEB Executive Committee. 
Support Program will be in force until the KOSGEB Executive Committee decision for changing it.  
 G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
- 33 - 
  9. Statistical data permitting an assessment of the trade effects of the subsidy. The specific 
nature and scope of such statistics is left to the judgement of the notifying Member. To the 
extent possible, relevant and/or determinable, however, it is desirable that such information 
include statistics of production, consumption, imports and exports of the subsidized 
product(s) or sector(s) :  
 
(a)  for the three most recent years for which statistics are available;  
(b)  for a previous representative year, which, where possible and meaningful, should be 
the latest year preceding the introduction of the subsidy or preceding  the last major 
change in the subsidy.  
 
The available statistics about the support program are provided in the table including  the previous 
years of notification.  
The Amount of Support Provided by Years  
SME Technological Product Investment Support Programm e 2018  
29.770.360 TL  
 
15  TECHNOLOGIC PRODUCT PROMOTION AND MARKET ING SUPPORT PROGRAMM E 
1. Title of the subsidy programme, if relevant, or brief description or identification of the 
subsidy : 
 
Technologic Product Promotion and Marketing Support Programme . 
 
2.  Period covered by the notification. The period to be covered by the notification should be the 
most recently completed calendar or fiscal year. In the latter case, the start and end dates 
of the fiscal year should be specified  
 
This notific ation relates to the support program provided during the period of 2017 -2018.  
 
3. Policy objective and/or purpose of the subsidy  
 
Purposes of programme are to increase competitive power of SMEs which are in the area of 
technology in international market; to meet need for support mechanism regarding 
commercialization of R&D and Innovation project outputs and to support promotion and marketing 
activities for technologic products.  
 
4. Background and authority for the subsidy (including i dentification of the legislation under 
which it is granted ) 
 
This program is based on the Regulation on KOSGEB Support Programs entered into force after 
published in the Official Gazette dated 15/06/2010 and numbered 27612.  
 
5. Form of the subsidy (i.e., g rant, loan, tax concession, etc. ) 
 
Grant . 
 
6. To whom and how the subsidy is provided (whether to producers, to exporters, or others; 
through what mechanism; whether a fixed or fluctuating amount per unit; if the latter, how 
determined ) 
 
Enterprises having a technological product/ prototype which is obtained as a result of:  
 
• Successfully completed projects, whose R&D, innovation or design project is 
supported with public resources or enterprises,  
• Protected with a patent document,  
• Awarded a Technologic Product (TÜR) Experience Certificate  
 G/SCM/N/315/TUR/Suppl.1 • G/SCM/N/343/TUR  
- 34 - 
  7. Subsidy per unit, or in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy (indicating, if possible, the average subsidy per unit in the 
previous year). W here provision of per unit subsidy information (for the year covered by the 
notification, for the previous year, or both) is not possible, a full explanation  
 
The support budget of the KOSGEB Presidency is an integrated budget and there are no separate 
support budgets on a program basis. SMEs are supported in line with the appropriations allocated 
under the central government budget.  
 
Detailed information about the Support Program is given below.  
 
Within the scope of the programme, the upper limit of suppor t is 150.000 (one hundred and 
fifty thousand) TL as non -reimbursable support : 
• 100.000 TL for promotion and marketing activities abroad ; 
• 50.000 TL for promotion and marketing activities in Turkey . 
 
8. Duration of the subsidy and/or any other time limits attached to it, including date of 
inception/commencement  
 
The Support Program comes into force with the decision of the KOSGEB Executive Committee. 
Support Program will be in force until the KOSGEB Executive Committee decision for changing it.  
 
9. Statistical data permitting an assessment of the trade effects of the subsidy. The specific 
nature and scope of such statistics is left to the judgement of the notifying Member. To the 
extent possible, relevant and/or determinable, however, it is desirable  that such information 
include statistics of production, consumption, imports and exports of the subsidized 
product(s) or sector(s ): 
 
(a)  for the three most recent years for which statistics are available;  
(b) for a previous representative year, which, w here possible and meaningful, should be 
the latest year preceding the introduction of the subsidy or preceding the last major 
change in the subsidy.  
 
The available statistics about the support program are provided in the table including  the previous 
years of notification.  
The Amount of Support Provided by Years  
Technologic Product Promotion and Marketing Support Programme  2017  2018  
1.242.654 TL  2.566.760 TL 
 
 
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