Development Agencies are development units established upon the law of Council of Ministers as nonprofit Government Organizations and are coordinated by the Ministry of Development of Turkey. Agencies have flexible decision making and implementing mechanism that gathers public sector, private sector and nongovernmental organizations of the region together with local and national administrations.
Development Agencies, that are equipped with high technical capacity, act as supporters of local actors, coordinator and catalyzer in the region; aim to accelerate regional development by improving the collaboration among public sector, private sector and non-governmental organizations.
Supports that can be provided by Eastern Mediterranean Development Agency according to the regulations are in two formats; financial supports and technical supports. Financial supports are listed in three groups as Credit Interest Support, Interest Free Credit Support and Direct Financial Support. Direct Financial Supports are implemented in three types; Call for Proposals, Guided Project Support and Direct Activity Support. Agency may choose to implement “Restricted Call for Proposals” method for financial support in necessary cases.
Rules and conditions for each support type differ. Standard rules regarding these supports can be enhanced in support program announcement periods by adding specific conditions for the relevant support. These rules are presented in Program Application Guides that are specifically prepared for each support program.
