IOM's Enterprise Development Fund (EDF) is an innovative livelihoods approach aimed at contributing to economic recovery and revitalizing the private sector in Türkiye. It provides tailored support to Small and Medium Enterprises (MSMEs). The goal is to restore essential economic infrastructure and provide funding assistance to sectors that have experienced economic hardships and losses. Assisting these enterprises paves the way for the resumption of economic activities, the creation of additional jobs, and opportunities for businesses to invest in their future. The IOM Livelihoods Unit focuses on increasing the resilience of MSMEs. To be considered, applicants must provide the requested information and meet the minimum eligibility criteria.
Financing support is based on an assessment of the selected businesses' needs, job creation potential, and business plans. The application process involves the submission of a statement of interest, followed by a full proposal and supporting documents for successful applicants. The investment committee selects investments according to specific criteria applicable to all applications.
Thank you for your interest in our projects. As of now, we don't have any open calls available. Please note that our last project call concluded on October 27, 2023. We encourage you to check back soon for upcoming opportunities!
The Enterprise Development Fund (EDF) is a funding initiative launched by the International Organization for Migration (IOM) in response to the 2023 Türkiye Earthquake. Its primary objective is to contribute to the economic recovery of Micro, Small, and Medium Enterprises (MSMEs) in the regions of Gaziantep, Kahramanmaras, Adana, Sanliurfa, and Hatay. The EDF provides financial grants to eligible businesses to help them rebuild and expand their operations.
