The EU-financed pilot project with a budget of 1.8 million Euros was successfully completed in Gaziantep.
The project, which is implemented by Small and Medium Enterprises Development Organization (KOSGEB) with the funds provided by the European Union and with the implementation support of the World Bank, provided support to 16 new entrepreneurs and 54 existing businesses creating more than 120 jobs in various sectors in Gaziantep.
The pilot project, carried out under the EU Facility for Refugees in Turkey and aiming the development of entrepreneurship and employment, has been completed with a closing event in Gaziantep with the participation of representatives from KOSGEB, EU Delegation to Turkey, World Bank and local stakeholders.
The project aimed at supporting the growth of small and medium enterprises (SMEs) and increase employment and entrepreneurship opportunities for Turkish Citizens and Foreigners under Temporary Protection in the pilot province of Gaziantep. During the three-year implementation period, the project involved enterprises working in a wide range of sectors, from medical equipment manufacturing to computer programming, and from shoemaking to baklava production.
The project supported the creation of new firms as well as support to existing firms under two windows. Under the first window, 16 firms established with technical and financial support as incubators on the basics of entrepreneurship, with a focus on market access, customer analysis and business competitiveness. In addition to the new enterprises, under the second window, 54 existing enterprises owned by Turkish citizens and Foreigners under Temporary Protection were supported with a mix of technological inputs such as equipment and software. In total, across both windows, the project helped support the creation of 124 new jobs.
On the occasion Head of EU Delegation to Turkey, Ambassador Nikolaus Meyer Landrut said: “The EU has been supporting Turkey’s efforts to improve entrepreneurship and to strengthen the SMEs and large enterprises. €465 Million has been committed to support employability for disadvantaged members and to boost formal job creation through business and entrepreneurship support. With our partners like World Bank, we continue our cooperation and rely on their expertise for a wider scope and higher contribution.”
Heba Elgazzar, World Bank Program Leader for Human Development said in her video message:
“The project has already shown important results in terms of supporting firms and new entrepreneurship opportunities and creating jobs for the most vulnerable, especially women and youth. The project also gives very important lessons learnt for other provinces but also for other programs and initiatives that seek to support firms and generate new jobs especially as we enter 2022 with continuing Covid management and other economic challenges and opportunities alike.”
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