Minister of Treasury and Finance Mehmet Şimşek announced that 6.25 billion lira credit facilities will be provided for young entrepreneurs. Minister Mehmet Şimşek made a statement regarding the New Support Package for Young Entrepreneurs prepared in collaboration with the European Bank for Reconstruction and Development (EBRD). He emphasized that efforts to support entrepreneurs within the economic program framework are ongoing, noting that they effectively utilize the Treasury-supported guarantee system to increase young entrepreneurs’ access to financing under favorable conditions. Individuals under the age of 35 will benefit from this initiative. Within this framework, Minister Şimşek reported that the Ministry will provide guarantee support under the credit source provided to banks by the EBRD. Through cooperation with the EBRD, young entrepreneurs will be supported with 6.25 billion lira credit facilities against a collateral of 5 billion lira provided through the Credit Guarantee Fund. This support aims to enable young individuals to establish successful businesses, grow them, and access the necessary resources, consultancy, and training opportunities. Minister Şimşek stated, “Under the support package, the maximum collateral limit per beneficiary will be 85 million lira, and the collateral rate will be applied as 80 percent. Companies with owners and/or managers under the age of 35 who meet certain criteria will be eligible for this support package.”