New Era in Investment Financing: Support for 100 Million Lira Projects
With the new regulation made in the financing conditions of investment projects, the Priority Financing Certificate has been introduced for investments under 1 billion liras.
Along with the comprehensive change made in the financing conditions of investment projects, the Priority Financing Certificate application has been implemented for projects remaining below the 1 billion lira investment threshold.
New Certificate and Threshold Values
With the regulation made in the financing of investment projects, two separate certificate types have been created and new threshold values have been determined for the projects.
While the investment threshold has been maintained at 1 billion liras within the scope of the TSP Certificate, an equity requirement of at least 50 million liras has been introduced for these projects.
Priority Financing Certificate Conditions
The minimum investment amount for the new Priority Financing Certificate has been established as 100 million liras.
Thus, the application path has been opened for small-scale projects that previously remained outside the system due to high investment amounts.
Scoring and Evaluation Criteria
In financing program applications, the nature of the investment together with the score to be obtained from evaluation criteria play a decisive role.
Investments within the scope of the Century of Turkey Development Move Program are excluded from this scoring system.
Strategic Stock Investments
With the new application, upon obtaining Technical Committee approval, it has been made possible to include strategic stock investments in the TSP project size calculation.
This application ensures the support of stock investments that carry critical importance in terms of production and supply chain.
Application Scope and Limitations
While application opportunities are offered for investments holding incentive certificates for the manufacturing industry, in some cases pre-applications can be made without an incentive certificate.
For investments with ongoing processes in multiple financing programs, application to only a single program is permitted.