What changed: KOSGEB launched its Emergency Support Program for micro and small businesses affected by 2026 floods and confirmed by provincial governorships' damage assessments, offering loans of up to 1 million TL for small businesses and up to 500,000 TL for micro businesses, with a 24-month term and 6-month grace period; the entire interest/profit share on these loans will be covered by KOSGEB, and no supporting documents for expenditures will be required.
Who is affected
Micro and small businesses affected by floods that occurred in different regions of the country during 2026 and whose damage has been assessed by provincial governorships.
What it means for your business
For micro and small businesses hit by floods, this means they can access working-capital loans with the full interest/profit share covered by KOSGEB, and no supporting documents for expenditures will be required.
What to do
Obtain documentation from the relevant official authorities confirming that your business was affected by the flood and that its effects continue, follow your governorship's damage-assessment process, and once your business is notified of the contracted banks, complete your application by 31 December 2026. Consult your accountant or legal adviser before acting on this.
When it takes effect
The final application deadline for the Emergency Support Program is 31 December 2026.
