Vakıf Katılım and MEVKA Provide Digital Collateral Support to Seed Sector

Digital Collateral Era in the Seed Sector Vakıf Katılım and the Mevlana Development Agency (MEVKA) have signed a cooperation protocol within the scope of the Guaranteed Fund Transfer (GFT) system to streamline financial processes for the seed sector.
This protocol aims to make collateral processes more flexible and accessible for businesses benefiting from MEVKA's "Seed Sector R&D and Innovation Infrastructure Strengthening Interest-Free Loan Support Program." Flexible Payment and Maturity Options Under the new cooperation model, SMEs will be offered a total repayment period of up to 26 months, including an 8-month grace period.
The GFT infrastructure creates an alternative collateral solution for interest-free public support mechanisms, securing both the users' obligations and the agency's receivables.
Enver Şahin, Deputy General Manager of Sales and Performance Management at Vakıf Katılım, stated that this model will contribute to SMEs utilizing public support more effectively.
8.4 Billion Lira Contribution to Regional Development MEVKA Secretary General İhsan Bostancı emphasized that 4.4 billion lira has been allocated to the development of the TR52 Konya-Karaman Region to date, mobilizing a total investment of 8.4 billion lira when including co-financing.
This protocol marks the first agreement signed between development agencies and participation banks in Turkey within the scope of interest-free loan support.