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Western Black Sea Development Agency

Full company profile

uuid003y5qe

Namestring
Western Black Sea Development Agency
Legal namestring
T.C. Batı Karadeniz Kalkınma Ajansı
Websiteurl
bakka.gov.tr
Company typeenum
Private
Founded yearint
2009
Descriptiontext

The Western Black Sea Development Agency (T.C. Batı Karadeniz Kalkınma Ajansı, "BAKKA") is a statutory regional development agency of the Republic of Türkiye, established in 2009 under Law No. 5449 (Council of Ministers Decision No. 2009/15236) and operating under the supervision of the Ministry of Industry and Technology (T.C. Sanayi ve Teknoloji Bakanl��ğı). Its functional remit is to coordinate economic and social development across the TR81 NUTS Level 2 region, comprising three provinces on Turkey's western Black Sea coast: Zonguldak (headquarters), Karabük, and Bartın. BAKKA is governed by a Board chaired by the Zonguldak Governor, with participation from provincial governors, municipalities, and regional stakeholders; the General Secretary role is currently held by Faruk Tezel. The agency operates with approximately 14 staff from headquarters and three Investment Support Offices in Zonguldak, Karabük, and Bartın.

BAKKA's core offerings are public-sector financial and technical support programs, not commercial products. These include the SoGreen Repayable Finance Support Program (Sosyal Kapsayıcı Yeşil Geçiş — 235,000,000 TL 2026 budget, financed through a World Bank loan to the Ministry of Treasury and Finance and EU co-financing) targeting green transformation investments by TR81 SMEs; the Feasibility Support Program; the Local Development Initiative Incentive Program (Yerel Kalkınma Hamlesi); the Project Pool (Proje Havuzu) for matching regional project ideas with financing sources; and the BAKKA Library digital knowledge platform. All applications are submitted through the centralized KAYS (Kalkınma Ajansları Yönetim Sistemi) government management platform, and disbursement of approved SoGreen financing flows through T. Vakıflar Bankası T.A.O. partner-bank branches, where beneficiaries must obtain a credit eligibility certificate. There is no commercial pricing model; the agency is funded entirely through national government budget allocations and international donor programs.

The agency's business model is government administration of public funds rather than commercial revenue generation. Eligible beneficiaries are SMEs registered in the TR81 region (excluding micro-enterprises), with priority for women-owned/led enterprises and youth (18–35) entrepreneurs on SoGreen. BAKKA also facilitates investment incentives across province-specific priority sectors (nature-based tourism, industrial forest products, aquaculture, flat and long steel, titanium alloys, water buffalo breeding, plastic/rubber composites). Recent regional development outcomes cited include nine TR81 companies listed in TIM's Top 1000 Exporters, eight TR81 industrial enterprises listed in İSO 500, and the establishment of the Western Black Sea's first AI-supported Mini Digital Factory in Bartın. The agency operates within Turkey's Twelfth Development Plan (2024–2028) and the TR81 Regional Plan (2024–2028) frameworks.

Short descriptiontext

The Western Black Sea Development Agency (BAKKA) is a Turkish government regional development agency serving the TR81 region (Zonguldak, Karabük, Bartın). It administers grant and repayable finance programs — including the 2026 SoGreen 235M TL green transition fund — and technical assistance to SMEs through three provincial Investment Support Offices.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersZonguldak, Türkiye
HQ citystring
Zonguldak
HQ countrystring
Türkiye
HQ regionstring
Europe
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
regional development agency, SME grant programs, green transition financing, investment incentive facilitation, feasibility study support
Industry3 codes
1SME, Microfinance & Financial Inclusion Facilities
CodeBPADACAIPrimaryYes
2Development Finance, Guarantees & Blended Finance Programs
CodeBPADABAMPrimaryNo
3SBA/Government-Backed & Development Finance Loans
CodeFSAKAGAIPrimaryNo
NAICS code1 code
  • Administration of Economic Programs9261
SIC code1 code
  • Federal & Federally-Sponsored Credit Agencies6111
Product category
Regional Economic Development Services
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Others, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

BAKKA is a statutory government regional development agency that administers financial support programs (grants and interest-free repayable financing) and technical assistance services for SMEs and investors in Türkiye's TR81 Western Black Sea region (Zonguldak, Karabük, Bartın). Its core offerings include the SoGreen Repayable Finance Support Program, Feasibility Support Program, Local Development Initiative Incentive Program, Project Pool financing matching, and Investment Support Office advisory services. All programs are funded through the national government budget, World Bank loans, and EU co-financing rather than commercial sales.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 235 million TL in green finance support allocated to TR81 region SMEs in 2026 through SoGreen program
+3 more records
Product overview1 text field

Western Black Sea Development Agency (BAKKA) operates as a regional development coordination agency under Turkey's Ministry of Industry and Technology. The agency functions as a government body rather than a commercial product company, coordinating economic and social development across the TR81 region (Zonguldak, Karabük, and Bartın provinces). Its portfolio consists of multiple financial and technical support programs including the SoGreen Repayable Financial Support Program (235,000,000 TL budget), Feasibility Support Program, and Local Development Initiative Incentive Program. The agency also maintains Investment Support Offices in each province, operates a digital library platform, and facilitates the Project Pool system connecting regional project ideas with appropriate financing sources. All offerings are public services administered under Turkish government regulations, not commercial technology products.

Product and service6 records
1SoGreen Repayable Finance Support Program (SoGreen Geri Ödemeli Finansman Desteği Programı)
CategoryGovernment Financial Support Program
Description

A repayable financial support program for SMEs in TR81 region (Zonguldak, Karabük, Bartın) providing interest-free financing of 2,500,000 TL to 7,500,000 TL per project for green transformation investments aligned with EU Green Taxonomy. Maximum project duration is 9 months; repayment begins 6 months after contract signing. Beneficiaries must hold a credit eligibility certificate from partner bank T. Vakıflar Bankası T.A.O.

2Feasibility Support Program (Fizibilite Desteği Programı)
CategoryGovernment Technical Support Program
Description

Technical and financial support program for preparing feasibility studies for investment projects in the Western Black Sea region, targeted at SMEs and investors planning capital investments.

3Local Development Initiative Incentive Program (Yerel Kalkınma Hamlesi Teşvik Programı)
CategoryGovernment Investment Incentive Program
Description

Investment incentive program administered by BAKKA under the Ministry of Industry and Technology, providing investment incentives to local and foreign investors for priority sectors in Zonguldak, Karabük, and Bartın to reduce inter-regional development gaps and increase local employment.

4Investment Support Offices (Yatırım Destek Ofisleri)
CategoryGovernment Advisory Service
Description

Three regional offices in Zonguldak (headquarters), Karabük, and Bartın providing in-person investment facilitation, government incentive guidance, business development support, and project advisory services to SMEs and investors in TR81.

5Project Pool (Proje Havuzu)
CategoryProject Development and Financing Matching Service
Description

Systematic compilation and matching service for project ideas aligned with TR81 regional priorities, connecting qualified project proposals with appropriate financing sources from BAKKA's support programs and other national or international funds.

6BAKKA Library (BAKKA Kütüphanesi)
CategoryGovernment Information Platform
Description

Digital library platform hosted at bakkakutuphane.org providing access to regional development publications, reports, research materials, and knowledge resources for researchers, SMEs, investors, and the general public.

Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership8 partners
1T.C. Ministry of Treasury and Finance (T.C. Hazine ve Maliye Bakanlığı)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-25
Description

Co-implementing the SoGreen (Sosyal Kapsayıcı Yeşil Geçiş) Project with the World Bank, targeting EU Green Taxonomy-aligned green transformation projects by SMEs in Turkey's 81 provinces over 7 years.

bakka.gov.tr
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-01-01
Description

BAKKA and Bartın University signed a cooperation protocol to jointly organize the 1st Sustainable Regional Development Symposium, scheduled for 19-21 November 2026 at Bartın University. The symposium aims to strengthen collaboration between academia and public institutions and produce scientific outputs for regional policy development.

3T.C. Ministry of Industry and Technology (T.C. Sanayi ve Teknoloji Bakanlığı)
Strategic tierCoreTypeStrategic or Co-development Partner
Description

The parent ministry overseeing BAKKA's operations. The Ministry implements the Local Development Initiative (Yerel Kalkınma Hamlesi) support program coordinated by the Directorate General of Development Agencies (Kalkınma Ajansları Genel Müdürlüğü), which BAKKA executes in the TR81 region.

bakka.gov.tr
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Partner bank for the SoGreen program. BAKKA has signed a protocol with Vakıflar Bank for disbursement of green transition financing to eligible SMEs. Beneficiaries must obtain a credit eligibility certificate from Vakıflar Bank branches.

5Zonguldak Governorship (Zonguldak Valiliği)
Strategic tierMajorTypeStrategic or Co-development Partner
Description

Zonguldak Governorship coordinates the Turistik Karaelmas Ekspresi project implemented in partnership with BAKKA and Zonguldak Special Provincial Administration, targeting tourism diversification in the TR81 region.

bakka.gov.tr
Strategic tierMinorTypeOthers
Description

Citizen complaint and feedback channel linked through the BAKKA website footer.

7Development Library (Kalkınma Kütüphanesi)
Strategic tierMinorTypeOthers
Description

National development knowledge platform managed by the Ministry, linked through BAKKA's website for accessing development-related resources and publications.

bakka.gov.tr
8Government Support Platform (Devlet Destekleri)
Strategic tierMinorTypeOthers
Description

Official government platform (yatirimadestek.gov.tr) linked through BAKKA providing information on available state incentives for investors.

bakka.gov.tr
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Karacadağ Development Agency covering Şanlıurfa and Diyarbakır (TRC2). Operates under the same Ministry of Industry and Technology mandate as BAKKA, administering SME grants, repayable finance, and Investment Support Office services.

2İstanbul Kalkınma Ajansı (İSTKA)
TypeDirect peer
Description

Istanbul's regional development agency (TR10), the largest in Turkey's development-agency network. Runs grant, repayable finance, and innovation support programs through the same Law No. 5449 framework as BAKKA, targeting SME green, digital, and competitiveness investments.

TypeDirect peer
Description

TR52 (Konya, Karaman) regional development agency under Turkey's Ministry of Industry and Technology. Operates the same support-program architecture as BAKKA — repayable/grant financing, Investment Support Offices, and KAYS-based applications — for a different regional territory.

TypeBroad incumbent
Description

Turkey's national Small and Medium Enterprises Development Organization, providing interest-free and low-cost loan support, grant programs, and incubation services to SMEs nationally. Overlaps with BAKKA's SME-focused mandate at a national scale and is a complementary, larger incumbent funder.

TypeDirect peer
Description

Dicle Development Agency for the TRC3 sub-region (Mardin, Batman, Şırnak, Siirt). Same statutory framework and KAYS workflow as BAKKA, providing grant and repayable financing to regional SMEs and investors.

TypeDirect peer
Description

Eastern Anatolia Development Agency covering Van, Muş, Bitlis, and Hakkari (TRB2). Same national development-agency model as BAKKA, providing grants, repayable finance, and feasibility support to local SMEs and investors.

TypeDirect peer
Description

Fırat Development Agency for TRB1 (Elazığ, Bingöl, Tunceli). Sister agency under the same national framework, running near-identical grant and repayable-finance support programs via the KAYS platform.

TypeDirect peer
Description

Çukurova Development Agency covering Adana and Mersin (TR62). Sister regional development agency under the same national system as BAKKA, executing SME financing, feasibility, and regional investment incentive programs.

TypeDirect peer
Description

Ahiler Development Agency covering Kırşehir, Kırıkkale, Aksaray, Nevşehir, Çankırı, and Kastamonu (TR82). Operates the same Law 5449 mandate and KAYS platform as BAKKA for grant and repayable financing to regional SMEs.

10Ankara Kalkınma Ajansı
TypeDirect peer
Description

Regional development agency for the TR51 Ankara sub-region. Sister agency in the same national network as BAKKA, delivering analogous grant/repayable financing and technical assistance to regional SMEs and investors.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Western Black Sea Development Agency

Regional Economic Development Servicesbakka.gov.tr

The Western Black Sea Development Agency (BAKKA) is a Turkish government regional development agency serving the TR81 region (Zonguldak, Karabük, Bartın). It administers grant and repayable finance programs — including the 2026 SoGreen 235M TL green transition fund — and technical assistance to SMEs through three provincial Investment Support Offices.

What Western Black Sea Development Agency does

The Western Black Sea Development Agency (T.C. Batı Karadeniz Kalkınma Ajansı, "BAKKA") is a statutory regional development agency of the Republic of Türkiye, established in 2009 under Law No. 5449 (Council of Ministers Decision No. 2009/15236) and operating under the supervision of the Ministry of Industry and Technology (T.C. Sanayi ve Teknoloji Bakanl��ğı). Its functional remit is to coordinate economic and social development across the TR81 NUTS Level 2 region, comprising three provinces on Turkey's western Black Sea coast: Zonguldak (headquarters), Karabük, and Bartın. BAKKA is governed by a Board chaired by the Zonguldak Governor, with participation from provincial governors, municipalities, and regional stakeholders; the General Secretary role is currently held by Faruk Tezel. The agency operates with approximately 14 staff from headquarters and three Investment Support Offices in Zonguldak, Karabük, and Bartın.

BAKKA's core offerings are public-sector financial and technical support programs, not commercial products. These include the SoGreen Repayable Finance Support Program (Sosyal Kapsayıcı Yeşil Geçiş — 235,000,000 TL 2026 budget, financed through a World Bank loan to the Ministry of Treasury and Finance and EU co-financing) targeting green transformation investments by TR81 SMEs; the Feasibility Support Program; the Local Development Initiative Incentive Program (Yerel Kalkınma Hamlesi); the Project Pool (Proje Havuzu) for matching regional project ideas with financing sources; and the BAKKA Library digital knowledge platform. All applications are submitted through the centralized KAYS (Kalkınma Ajansları Yönetim Sistemi) government management platform, and disbursement of approved SoGreen financing flows through T. Vakıflar Bankası T.A.O. partner-bank branches, where beneficiaries must obtain a credit eligibility certificate. There is no commercial pricing model; the agency is funded entirely through national government budget allocations and international donor programs.

The agency's business model is government administration of public funds rather than commercial revenue generation. Eligible beneficiaries are SMEs registered in the TR81 region (excluding micro-enterprises), with priority for women-owned/led enterprises and youth (18–35) entrepreneurs on SoGreen. BAKKA also facilitates investment incentives across province-specific priority sectors (nature-based tourism, industrial forest products, aquaculture, flat and long steel, titanium alloys, water buffalo breeding, plastic/rubber composites). Recent regional development outcomes cited include nine TR81 companies listed in TIM's Top 1000 Exporters, eight TR81 industrial enterprises listed in İSO 500, and the establishment of the Western Black Sea's first AI-supported Mini Digital Factory in Bartın. The agency operates within Turkey's Twelfth Development Plan (2024–2028) and the TR81 Regional Plan (2024–2028) frameworks.

Western Black Sea Development Agency firmographics

Firmographics
Name
Western Black Sea Development Agency
Legal name
T.C. Batı Karadeniz Kalkınma Ajansı
Website
https://bakka.gov.tr
Company type
Private
Founded year
2009
Operating status
Operating
Headcount range
11–50 employees
Short description
The Western Black Sea Development Agency (BAKKA) is a Turkish government regional development agency serving the TR81 region (Zonguldak, Karabük, Bartın). It administers grant and repayable finance programs — including the 2026 SoGreen 235M TL green transition fund — and technical assistance to SMEs through three provincial Investment Support Offices.
Ownership category
akta.pro rank

Western Black Sea Development Agency industry classification

Industry
Product category
Regional Economic Development Services
NAICS
Administration of Economic Programs (9261)
SIC
Federal & Federally-Sponsored Credit Agencies (6111)
akta.pro primary industry
SME, Microfinance & Financial Inclusion Facilities (BPADACAI)
akta.pro secondary industries
Development Finance, Guarantees & Blended Finance Programs (BPADABAM), SBA/Government-Backed & Development Finance Loans (FSAKAGAI)

Keywords

  • Regional development agency
  • SME grant programs
  • Green transition financing
  • Investment incentive facilitation
  • Feasibility study support

Where Western Black Sea Development Agency is headquartered

Location

Headquarters

HQ city
Zonguldak
HQ country
Türkiye
HQ region
Europe

Offices3 records

Markets served

Western Black Sea Development Agency business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Others, Marketing or Sales, Infrastructure

Distribution channels3 records

Marketing channels5 records

Western Black Sea Development Agency product offering

Product offering

Core offering

BAKKA is a statutory government regional development agency that administers financial support programs (grants and interest-free repayable financing) and technical assistance services for SMEs and investors in Türkiye's TR81 Western Black Sea region (Zonguldak, Karabük, Bartın). Its core offerings include the SoGreen Repayable Finance Support Program, Feasibility Support Program, Local Development Initiative Incentive Program, Project Pool financing matching, and Investment Support Office advisory services. All programs are funded through the national government budget, World Bank loans, and EU co-financing rather than commercial sales.

Product overview

Western Black Sea Development Agency (BAKKA) operates as a regional development coordination agency under Turkey's Ministry of Industry and Technology. The agency functions as a government body rather than a commercial product company, coordinating economic and social development across the TR81 region (Zonguldak, Karabük, and Bartın provinces). Its portfolio consists of multiple financial and technical support programs including the SoGreen Repayable Financial Support Program (235,000,000 TL budget), Feasibility Support Program, and Local Development Initiative Incentive Program. The agency also maintains Investment Support Offices in each province, operates a digital library platform, and facilitates the Project Pool system connecting regional project ideas with appropriate financing sources. All offerings are public services administered under Turkish government regulations, not commercial technology products.

Differentiator

Problem solved

Functional benefit

Products and services

  • SoGreen Repayable Finance Support Program (SoGreen Geri Ödemeli Finansman Desteği Programı) A repayable financial support program for SMEs in TR81 region (Zonguldak, Karabük, Bartın) providing interest-free financing of 2,500,000 TL to 7,500,000 TL per project for green transformation investments aligned with EU Green Taxonomy. Maximum project duration is 9 months; repayment begins 6 months after contract signing. Beneficiaries must hold a credit eligibility certificate from partner bank T. Vakıflar Bankası T.A.O.
  • Feasibility Support Program (Fizibilite Desteği Programı) Technical and financial support program for preparing feasibility studies for investment projects in the Western Black Sea region, targeted at SMEs and investors planning capital investments.
  • Local Development Initiative Incentive Program (Yerel Kalkınma Hamlesi Teşvik Programı) Investment incentive program administered by BAKKA under the Ministry of Industry and Technology, providing investment incentives to local and foreign investors for priority sectors in Zonguldak, Karabük, and Bartın to reduce inter-regional development gaps and increase local employment.
  • Investment Support Offices (Yatırım Destek Ofisleri) Three regional offices in Zonguldak (headquarters), Karabük, and Bartın providing in-person investment facilitation, government incentive guidance, business development support, and project advisory services to SMEs and investors in TR81.
  • Project Pool (Proje Havuzu) Systematic compilation and matching service for project ideas aligned with TR81 regional priorities, connecting qualified project proposals with appropriate financing sources from BAKKA's support programs and other national or international funds.
  • BAKKA Library (BAKKA Kütüphanesi) Digital library platform hosted at bakkakutuphane.org providing access to regional development publications, reports, research materials, and knowledge resources for researchers, SMEs, investors, and the general public.

Quantifiable outcome

  • 235 million TL in green finance support allocated to TR81 region SMEs in 2026 through SoGreen program
  • +3 more outcomes

Companies that use Western Black Sea Development Agency

Customer profile

Segments3 records

Ideal customer profiles3 records

Western Black Sea Development Agency technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Western Black Sea Development Agency partnerships and signals

Strategic signal

Partnerships

Eight partnerships are on record, tiered core, major and minor.

  • T.C. Ministry of Treasury and Finance (T.C. Hazine ve Maliye Bakanlığı)coreStrategic or Co-development Partner · 25 March 2026Co-implementing the SoGreen (Sosyal Kapsayıcı Yeşil Geçiş) Project with the World Bank, targeting EU Green Taxonomy-aligned green transformation projects by SMEs in Turkey's 81 provinces over 7 years.
  • Bartın University (Bartın Üniversitesi)coreStrategic or Co-development Partner · 1 January 2025BAKKA and Bartın University signed a cooperation protocol to jointly organize the 1st Sustainable Regional Development Symposium, scheduled for 19-21 November 2026 at Bartın University. The symposium aims to strengthen collaboration between academia and public institutions and produce scientific outputs for regional policy development.
  • T.C. Ministry of Industry and Technology (T.C. Sanayi ve Teknoloji Bakanlığı)coreStrategic or Co-development PartnerThe parent ministry overseeing BAKKA's operations. The Ministry implements the Local Development Initiative (Yerel Kalkınma Hamlesi) support program coordinated by the Directorate General of Development Agencies (Kalkınma Ajansları Genel Müdürlüğü), which BAKKA executes in the TR81 region.
  • T. Vakıflar Bankası T.A.O.coreChannel Partner/ Reseller/ DistributorPartner bank for the SoGreen program. BAKKA has signed a protocol with Vakıflar Bank for disbursement of green transition financing to eligible SMEs. Beneficiaries must obtain a credit eligibility certificate from Vakıflar Bank branches.
  • Zonguldak Governorship (Zonguldak Valiliği)majorStrategic or Co-development PartnerZonguldak Governorship coordinates the Turistik Karaelmas Ekspresi project implemented in partnership with BAKKA and Zonguldak Special Provincial Administration, targeting tourism diversification in the TR81 region.
  • CIMER (Presidency Communication Center)minorOthersCitizen complaint and feedback channel linked through the BAKKA website footer.
  • Development Library (Kalkınma Kütüphanesi)minorOthersNational development knowledge platform managed by the Ministry, linked through BAKKA's website for accessing development-related resources and publications.
  • Government Support Platform (Devlet Destekleri)minorOthersOfficial government platform (yatirimadestek.gov.tr) linked through BAKKA providing information on available state incentives for investors.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Western Black Sea Development Agency competitors and assessment

Company assessment

Direct peers

  • Karacadağ Kalkınma Ajansı: Karacadağ Development Agency covering Şanlıurfa and Diyarbakır (TRC2). Operates under the same Ministry of Industry and Technology mandate as BAKKA, administering SME grants, repayable finance, and Investment Support Office services.
  • İstanbul Kalkınma Ajansı (İSTKA): Istanbul's regional development agency (TR10), the largest in Turkey's development-agency network. Runs grant, repayable finance, and innovation support programs through the same Law No. 5449 framework as BAKKA, targeting SME green, digital, and competitiveness investments.
  • MEVKA (Mevlana Kalkınma Ajansı): TR52 (Konya, Karaman) regional development agency under Turkey's Ministry of Industry and Technology. Operates the same support-program architecture as BAKKA — repayable/grant financing, Investment Support Offices, and KAYS-based applications — for a different regional territory.
  • Dicle Kalkınma Ajansı: Dicle Development Agency for the TRC3 sub-region (Mardin, Batman, Şırnak, Siirt). Same statutory framework and KAYS workflow as BAKKA, providing grant and repayable financing to regional SMEs and investors.
  • Doğu Anadolu Kalkınma Ajansı (DAKA): Eastern Anatolia Development Agency covering Van, Muş, Bitlis, and Hakkari (TRB2). Same national development-agency model as BAKKA, providing grants, repayable finance, and feasibility support to local SMEs and investors.
  • Fırat Kalkınma Ajansı (FKA): Fırat Development Agency for TRB1 (Elazığ, Bingöl, Tunceli). Sister agency under the same national framework, running near-identical grant and repayable-finance support programs via the KAYS platform.
  • Çukurova Kalkınma Ajansı: Çukurova Development Agency covering Adana and Mersin (TR62). Sister regional development agency under the same national system as BAKKA, executing SME financing, feasibility, and regional investment incentive programs.
  • AHİKA (Ahiler Kalkınma Ajansı): Ahiler Development Agency covering Kırşehir, Kırıkkale, Aksaray, Nevşehir, Çankırı, and Kastamonu (TR82). Operates the same Law 5449 mandate and KAYS platform as BAKKA for grant and repayable financing to regional SMEs.
  • Ankara Kalkınma Ajansı: Regional development agency for the TR51 Ankara sub-region. Sister agency in the same national network as BAKKA, delivering analogous grant/repayable financing and technical assistance to regional SMEs and investors.

Broad incumbents

  • KOSGEB: Turkey's national Small and Medium Enterprises Development Organization, providing interest-free and low-cost loan support, grant programs, and incubation services to SMEs nationally. Overlaps with BAKKA's SME-focused mandate at a national scale and is a complementary, larger incumbent funder.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Western Black Sea Development Agency social profiles

Digital presence

Western Black Sea Development Agency financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Western Black Sea Development Agency leadership team

Management profile

Number of profiles

Profiles1 record

Western Black Sea Development Agency funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Western Black Sea Development Agency M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Western Black Sea Development Agency

What does Western Black Sea Development Agency do?

BAKKA is a statutory government regional development agency that administers financial support programs (grants and interest-free repayable financing) and technical assistance services for SMEs and investors in Türkiye's TR81 Western Black Sea region (Zonguldak, Karabük, Bartın). Its core offerings include the SoGreen Repayable Finance Support Program, Feasibility Support Program, Local Development Initiative Incentive Program, Project Pool financing matching, and Investment Support Office advisory services. All programs are funded through the national government budget, World Bank loans, and EU co-financing rather than commercial sales.

Is Western Black Sea Development Agency a public or private company?

Western Black Sea Development Agency is a private company. It is classified as state government owned and is currently operating.

When was Western Black Sea Development Agency founded?

Western Black Sea Development Agency was founded in 2009. It employs 11 to 50 people.

Where is Western Black Sea Development Agency based?

Western Black Sea Development Agency is headquartered in Zonguldak, Türkiye, in the Europe region.

Who are Western Black Sea Development Agency's main competitors?

Direct peers on record are Karacadağ Kalkınma Ajansı, İstanbul Kalkınma Ajansı (İSTKA), MEVKA (Mevlana Kalkınma Ajansı), Dicle Kalkınma Ajansı, Doğu Anadolu Kalkınma Ajansı (DAKA), Fırat Kalkınma Ajansı (FKA), Çukurova Kalkınma Ajansı, AHİKA (Ahiler Kalkınma Ajansı) and Ankara Kalkınma Ajansı. KOSGEB is listed as a broad incumbent.

Does Western Black Sea Development Agency have an API?

No public API is recorded for Western Black Sea Development Agency.

What industry is Western Black Sea Development Agency in?

Western Black Sea Development Agency's product category is Regional Economic Development Services. Its primary akta.pro industry code is BPADACAI, SME, Microfinance & Financial Inclusion Facilities, with a secondary code of BPADABAM, Development Finance, Guarantees & Blended Finance Programs. Its NAICS code is 9261 and its SIC code is 6111.

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