Credit Support in Italy for Entrepreneurial University Students

Through the collaboration between Bahçeşehir University and its academic center in Rome, entrepreneurial university students will be provided with loans of between 15 and 25 thousand Euros in Italy.

Bahçeşehir University (BAU) has signed an important collaboration through its academic center in Rome. BAU, which opened a center in Rome, the capital of Italy, 3 years ago, signed a partnership agreement with the National Agency for Microcredit (Ente Nazionale per il Microcredito - ENM), also operating in the city, to support young Turkish entrepreneurs.

The agreement was announced at a meeting held at the Italian Chamber of Deputies.

Speaking at the meeting, Mario Baccini, President of ENM, which was established in 2005 on the recommendation of then United Nations Secretary-General Kofi Annan to fight poverty and pave the way for individual entrepreneurship, and also a former senator and minister, said: "We are pleased to have reached this agreement with Bahçeşehir, one of the prestigious universities."

BAU Chairman of the Board of Trustees Enver Yücel, for his part, reminded that they are one of Türkiye's young universities with 18 thousand students and more than 1,000 academic staff, and emphasized that being an international university gives them a great advantage.

LOANS OF 15 TO 250 THOUSAND EUROS IN ITALY FOR YOUNG TURKISH ENTREPRENEURS

Later providing information about the program, which will start in October, Enver Yücel said: "We opened a contact center in Rome 3 years ago. At this center, we occasionally hold certificate programs for students coming from Türkiye. This center operates openly to further develop relations and trade relations between Türkiye and Italy, cultural exchanges and cultural collaborations. We decided to run an MBA (Master of Business Administration) program with the institution called Microcredito in Rome. This is an agreement to provide loans to MBA students and young people who have ideas and want to engage in entrepreneurship. In this way, students from Türkiye who want to pursue an MBA in Rome will be supported through an initiative launched by Italy to support entrepreneurship and innovation, which has been ongoing around the world for several years. We want to develop this collaboration. We want it to contribute to the economic relations between Türkiye and Italy."

Reminding that Türkiye ranks 4th in economic relations and cooperation with Italy, Yücel also shared that the entrepreneurship support to be given to students within the framework of the program will range from 15 thousand to 250 thousand Euros.

Stating that there will be no limit on the number of students to be provided with loans, Yücel said: "What matters is that the student's venture can provide a benefit."

"A UNIVERSITY WILL BE OPENED IN ROME WITHIN 1 YEAR"

Recalling that they have opened universities in various parts of the world, Yücel said: "We have universities in Washington and Berlin, and we founded a medical university in Batumi. We are also working to turn our center in Rome into a university within a year. We have started the legal process for this, and it is going very well. I believe we will also have a university in Rome within a year."