Women Entrepreneurs Go Global with TİM WINGS
TİM, which works to support female exporters and increase their competitiveness, prepared the 'Female Entrepreneur Certification Criteria' with TSE, while Turk Eximbank and İGE created a financing package offering special advantages to exporters who meet the Female Entrepreneur Certification Criteria.
Türkiye Exporters Assembly (TİM), Turk Eximbank, Export Development (İGE) Inc. and Turkish Standards Institute (TSE) delivered a support announcement for female entrepreneurs on March 8th, International Women's Day.
Under the 'Supporting Women in Export Project' prepared in collaboration with four institutions, Turk Eximbank will offer 4 billion TL and 200 million dollars in low-interest loans to companies that meet the relevant criteria. İGE will provide 2.3 billion liras in guarantee support to these companies.
Speaking at the presentation of the project, TİM Chairman Mustafa Gültepe announced the launch of the TİM WINGS (Women International Networking and Global Sales) Project to increase the competitiveness of female entrepreneurs and add new companies to the export family. Stating that they will diversify their special projects for female entrepreneurs and exporters under the TİM WINGS logo and title, Gültepe continued as follows:
“FEMALE EXPORTERS CAN USE LOANS WITH AN INTEREST RATE 4 POINTS BELOW THE MARKET RATE”
“As part of our TİM WINGS project, we first prepared the 'Female Entrepreneur Certification Criteria' with TSE. This is a certification system. We worked with Turk Eximbank and İGE on a special advantage package for our exporters who meet TSE-K 645 Female Entrepreneur Certification Criteria. Two really advantageous packages emerged. Turk Eximbank will provide exporters with Female Entrepreneur Certification with 4 billion TL in loans, up to 3 years maturity, at an interest rate 4 points below the market rate. These companies will also be offered up to 200 million dollars in foreign currency loans, up to 10 years maturity, with favorable interest rates by Turk Eximbank. İGE will provide these companies with 2.3 billion liras in guarantee support. İGE will reduce the guarantee commission for these companies from 1.25% to 1% and will not charge the two thousand lira application fee. Our companies can apply for the Female Entrepreneur Certification Criteria on TSE's website. We will also redirect applications made to our website and exporters associations to TSE's website. We will further expand our support mechanisms for companies that qualify for the certification in the coming period.”
ALİ GÜNEY: “THE PROJECT WILL SUPPORT THE ACTIVE PARTICIPATION OF OUR FEMALE ENTREPRENEURS IN THE ECONOMY”
Ali Güney, General Manager of Turk Eximbank, expressed his great pleasure in participating in the project organized by TİM on International Women's Day. Ali Güney said, “Increasing the role of women in the economy is essential for sustainable strong economic growth. Every support given to female entrepreneurs will contribute to our country's social and economic welfare. As Turk Eximbank, we have been supporting female entrepreneur exporters for years. We offer privileged access to financing for female entrepreneurs in both our capital-based loans and in long-term, low-cost resources we obtain from international funds." Güney emphasized the importance of the Female Entrepreneur Certification Program, to be implemented in cooperation between TİM and TSE, in increasing the contribution of women to the economy and sustainable development. "This work will support the active participation of our female entrepreneurs in the economy. As part of the project, we have created a significant support package for female entrepreneur exporters. Turk Eximbank will provide female exporter companies with TİM Female Entrepreneur Certification, 4 billion TL in loans at an interest rate of 42% and up to 3 years maturity, and a total of 200 million dollars in loans with advantageous interest rates, up to 10 years maturity, in foreign currency. With our new support package, we aim to reach more female entrepreneur exporters in 2024.”
AKDENİZ: “WE ARE IMPLEMENTING COMMISSION REDUCTIONS SPECIFIC TO OUR FEMALE SUPPORT PACKAGES”
Kasım Akdeniz, Board Member of İGE stated in his speech that they prioritize access to financing for female exporters and businesses where women have a say in management. Akdeniz said:
“With the Supporting Women in Export Project, we aim to facilitate access to financing for female entrepreneurs and to ensure that they participate more actively in the economy. We are implementing commission reductions specific to our female support packages to reduce the cost of access to finance for female exporters and to support the collaboration between TİM and TSE. In the coming period, we will continue to support female exporters with new and creative solutions that will both facilitate access to finance and reduce costs.”
At the meeting, members of the TİM Women Exporter Empowerment Committee, TİM's female delegates, and female management and board members of exporters associations were also present.