The application process to the program starts with the parent company’s declaration of letter of intent to TEYDEB. The parent company that declares letter of intent to TEYDEB should have the following criteria;
• At least 15 million TL of the R&D expenses in any of the last three (3) years, (Valid for the year 2022. The amount of R&D expenses specified in the condition is increased in January of each year by the average percentage change in the CPI at the end of the previous year.)
If the letter of intent is found appropriate by the Executive Committee the application stage starts. The parent company or organization (resident capital company in Turkey in which the parent company have management rights) can apply to the program.