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I NTERNAT I ONAL COMMERC I AL LAW

35

4.

Sponsorship for Education and Consultancy

According to Communiqué numbered 2007/3

5

, the following expenses

would be covered by the Sponsorships and Price Stability Fund:

the quality, efficiency, management techniques, design, international

marketing, etc. expenses of companies with industrial and

commercial activities and software companies,

the education and consultancy expenses on international trade of

the companies mentioned above

the award winning designer’s education expenses

The sponsorship includes the payment of 70% of the education

expenses up to the cap designated in the Communiqué. The application

must be filed within six months of the actual remittance of expenses.

5.

Sponsorship for Market Research and Marketing

The Communiqué numbered 2006/6

6

regarding the Sponsorship

for Market Research and Marketing allows the following expenses

of companies with industrial and commercial activities and software

companies to be covered by the Sponsorships and Price Stability Fund:

Expenses for obtaining systematic and objective information about

potential markets

Expenses of activities for increasing market share in traditional

markets and creating new export markets

The sponsorship includes the payment of 70% - 80% of the companies’

expenses for relevant sector-specific market research projects; 50% -

60% of the expense of buying market research reports and statistics from

institutions or organizations in order to create a marketing strategy and an

action plan; 50% - 60% of the expenses for attending the trade delegation’s

sector-specific program coordinated by the Undersecretariat on the basis of

sole sector; 50% - 60% of the expenses for being a member of e-commerce

sites, which are not intended for customers and are deemed suitable by the

5 The mentioned Communiqué was published in the official gazette dated 28 July 2007, num-

bered 26596 and entered into force.

6 The mentioned Communiqué was published in the official gazette dated 21 October 2006,

numbered 26326 and entered into force.