Local governments, universities, public institutions/organisations, professional organisations, non-governmental organisations, organised industrial zones, industrial sites, techno-parks, technology development zones, industrial zones, business development centres, unions, and cooperatives that declare in the contract that they will not distribute profits for 5 years from the application date can benefit from the Development Agency Feasibility Support Program. Profit-seeking institutions/organisations cannot benefit from this support. Partners are also expected to have the same criteria as the applicants. The application period starts one day after the signing of the contract. Projects that receive feasibility support must be completed within one year at the latest.
Feasibility studies of investment feasibility specified in the Regional Plan, investment feasibility of public institutions, feasibility studies of projects that receive guided project support, and feasibility studies of special investment areas such as organised industrial zones are prioritised within the scope of the program.
For the project to receive Development Agency feasibility support, it is expected to show parallelism with at least one of the objectives of contributing to social development, eliminating economic threats, and increasing entrepreneurial capacity. The templates to be used during feasibility preparation, the compliance criteria of the applicants, and the ratios of support amounts are determined by the ministry for projects that do not receive feasibility support.
How to Apply?
Applications are made through the Development Agencies Management System (KAYS). The same applicant can apply for feasibility support up to 4 times within a single program year, but the agency provides financial support for a maximum of 2 projects. Each proposal prepared in accordance with the Support Management Guide is evaluated by a commission consisting of at least 3 agency experts under the leadership of the general secretary and is reviewed within a maximum of 1 month. The application is evaluated for compliance with the criteria in the Application Form Control List, and the technical and financial suitability of the Development Agency feasibility report file is measured. If there is no obstacle to approval in the steps of the project’s relevance, method, sustainability, and appropriateness of the budget and costs, support is provided to the projects with the approval to be given at the board of directors meeting.
The beneficiary must complete the feasibility report by meeting the contract requirements within 1 year at the latest and prepare it in accordance with the Support Management Guide, and submit it to the agency. If the Development Agency feasibility report is not submitted to the agency or does not comply with the necessary rules, the contract is terminated and the support is withdrawn.
What is Feasibility Consultancy?
Feasibility consultancy is a service that provides economic, technical, and financial analyses for various sectors. In order to determine whether an investment idea or project is feasible or not without consuming unnecessary time and financial resources, it is necessary to conduct a feasibility study before investing in any area. These studies are prepared by our expert personnel. These studies include important data such as capital requirements, profit, and loss on an annual basis. Thus, the necessary concrete studies are carried out to convince financiers who will carry out the investment. As a result of these studies, market research is conducted to learn whether there is sufficient demand in the market in this field and whether the project is profitable in terms of technical, economic, and financial aspects. Based on the data learned, a positive or negative decision is made about the investment project. In this context, the feasibility consultancy carried out minimises your time and financial losses while helping you make the most accurate decision for the future of your investment or business.
Within this scope, feasibility consultancy, which we provide with our 20years of experience as SUN&SUN Consultancy, helps you to minimise your time and financial losses and to make the most accurate decision for the future of your investment or business.
