The Enterprise Development Fund (EDF) in Türkiye provides financial grants to Micro, Small, and Medium Enterprises (MSMEs) that have been impacted by earthquake.
The goal of EDF is to bolster economic recovery, facilitate job creation, and ensure sustainable livelihoods.
The EDF is used to restore essential economic infrastructure and provide funding assistance to primary and secondary economic sectors that have suffered economic hardships and losses. By assisting these enterprises, the fund helps to create a clear path for the resumption of economic activities, the creation of additional jobs, and opportunities for businesses to invest in their future.
In addition to its core objectives, the EDF also supports job creation, addresses unemployment, and improves the financial conditions of individuals and families in the affected regions.
The EDF also promotes inclusive business models, environmental sustainability, and community collaboration. This is done by advocating for the employment of marginalized groups and endorsing associations with eco-friendly businesses.