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To date, 164 small and medium-sized businesses (SMBs) have been awarded "Startup" certifications by the Small and Medium Business Development Agency (KOBİA). This certification is a significant recognition that not only acknowledges the innovation and potential of these businesses but also provides them with substantial financial benefits. The latest meeting of the Expert Council on Startup Certification at KOBİA reviewed six applications from SMBs, with three of them successfully receiving the "Startup" certification. The newly certified companies are "Cibpay" LLC, which offers a multifunctional online payment platform; "Optima Business Solutions" LLC, which has developed an online platform for electronic document management and signing; and "İxtisasSeç" LLC, a platform designed to facilitate the admission process for educational institutions.
The "Startup" certification is particularly valuable as it exempts the certified SMBs from profit or income tax on revenues generated from their innovation activities for a period of three years from the date of certification. This tax exemption is designed to support the growth and development of innovative startups, allowing them to reinvest their profits into further expanding their businesses without the burden of immediate tax obligations. With the inclusion of these three new companies, the total number of SMBs holding this certification has now reached 164, reflecting a growing ecosystem of innovation and entrepreneurship within the country.
Micro and small enterprises that have projects in the development stage are encouraged to apply for "Startup" certification through KOBİA. The certification process is open to businesses that meet specific eligibility criteria, and detailed information about the application process, required documents, and eligibility can be found on KOBİA's official website. This initiative is part of KOBİA's broader efforts to foster a supportive environment for startups and encourage the development of innovative business solutions that can contribute to the country's economic growth.