The YTAK Program aims to accelerate high-technology investments, contribute to the current account balance and price stability, and support the National Technology Move by providing investors located in Turkey with access to long-term and favorable financing opportunities.
This program, carried out in cooperation with the Ministry of Industry and Technology and the Central Bank of the Republic of Turkey (CBRT), offers attractive interest rate loan opportunities through intermediary banks for high value-added and strategic investment projects.
The YTAK Program targets large-scale and strategic projects with specific qualifications. Investors who can apply are:
YTAK applications are a multi-stage process that begins on the Ministry portal and continues with intermediary banks.
Before the application, authorization for system access is obtained by sending the necessary documents (petition, letter of undertaking, authorization form) to TUYSGM (General Directorate of Incentive Implementation and Foreign Capital) via the company's REM address.
Applications are made through the yatirimkredisi.sanayi.gov.tr portal. At this stage, basic documents such as company information, the corporate tax return for the last 5 years, and the Findex report are uploaded to the system.
The Technical Committee within the Ministry evaluates the strategic and technological nature, value-added, and technical competence of the investment. A Technology/Strategy Score (TSP) is given to approved projects.
The investor whose preliminary application is approved completes their final application by uploading all detailed project information and documents to the portal within 3 months.
With the official letter received from the Ministry and the calculated TSP score, the investor goes to an intermediary development or investment bank participating in the program to make the final application for the CBRT-sourced YTAK loan.
The Ministry's Technical Committee considers the following main criteria and their weights when giving a Technology/Strategy Score to projects:
| Evaluation Criterion | Weight |
|---|---|
| The investment's import substitution effect and export potential | 35% |
| Contribution to supply security and price stability | 25% |
| The investment's quality of increasing competitiveness and technological capacity | 15% |
| Potential for domestic input and value-added in production | 15% |
| The project's green production performance and contribution to sustainability | 5% |
| Use of domestic machinery in the investment | 5% |