Companies to be supported by gov’t to raise competitiveness capacities
by Daily Sabah
ISTANBULDec 19, 2014 - 12:00 am GMT+3
by Daily Sabah
Dec 19, 2014 12:00 am
Incentives of $400,000 will be provided for international competitiveness development projects to contribute to Turkish companies' competitiveness capacities. The incentives include activities like needs analysis, employment, consultancy, external marketing and buying delegations.
A statement prepared by the Money Credit and Coordination Committee under the Ministry of Development was published in the Official Gazette today and entered into force.
According to the statement, companies participating in the mentioned activities and approved by the ministry can receive consultancy services related to the project, and 70 percent of consultancy services costs will be supported at a limit of $50,000 for three years.
Cost activities managed by the Economy Ministry to contribute to the capacities of companies and collaborating institutions will be supported with a limit of $250,000 per year.
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