Provide empirical evidence of your proposed solution's success/impact at present. If your project is in the idea phase, please provide evidence that speaks to its potential impact
The machinery industry in Turkey is largely composed of private companies rather than state‐run companies, which dominate many other sectors. Turkey has established itself not only as a major producer of machinery ($20 billion USD in 2006), but also as a major market for machinery sales. Turkey is listed among the 10 largest markets in Europe for machinery, with roughly $28 billion USD in sales. Most manufacturers are located in Istanbul, Konya, Ankara, İzmir and Gaziantep. In this project, they deserve to support for pre-financing and showrooms. It will increase their technologies and exportings.
How many firms do you expect to reach?
There are 200 machinery companies in Gaziantep/Turkey. We expect 150 firms to reach with this project.
What is the volume of private SME finance you aim to catalyze?
It is a pre-financing project. We estimate, the volume is 60 percent for each firm.
What time frame will be required to reach these targets?
What would prevent your solution from being a success?
Prejudgments, indifference of firms, management disadvantage, political changes.