Starting a Business and Making Money with KOSGEB Support
WHAT IS KOSGEB?
Everyone is constantly researching business ideas without capital, but how realistic is it? If your goal is to make money online and you're thinking of earning income without capital, you either need to be a programmer or highly knowledgeable in various internet services. However, if you don't have these, business ideas without capital can be difficult.
HOW MUCH SUPPORT CAN YOU GET?
KOSGEB, a state institution that provides credit support for small and medium-sized enterprises, is an institution that supports new entrepreneurs with up to 30,000 TL. With KOSGEB, you can start a business in any sector, whether it's textiles, food, or the internet... We will inform you about KOSGEB support, how to apply to KOSGEB, and similar topics. We hope that state-supported entrepreneurs will be successful in creating new ventures as a side business from home...
MATERIAL AND EQUIPMENT SUPPORT
KOSGEB provides support of up to 30,000 TL as a grant, meaning it's non-repayable and without return. Approximately 3,000 TL of this support is for establishment costs. When opening a company, you will have average expenses of 2-3 thousand TL, and this expense is fully covered.
HOW CAN YOU GET THE MONEY?
Up to 15,000 TL of support is provided by KOSGEB for the materials and equipment you purchase for your venture, and there is also facility support of approximately 12,000 TL, totaling 30,000 TL. Unfortunately, one of the biggest misconceptions about KOSGEB is that the money is given in cash. The process is as follows: First, you attend a KOSGEB course and become a licensed entrepreneur, then you invoice all your expenses and submit them to KOSGEB, after which the support comes. While the state support for new business establishment for male entrepreneurs is around 60%, the state support for new business establishment for female entrepreneurs can increase to 70%. This means that for an expenditure of 50,000 TL, KOSGEB gives you 30,000 TL. KOSGEB directorates are now located in every province; you can easily request information by visiting any KOSGEB office...
