New Generation Entrepreneurship Summit Started with the 'Unicorn Age' Theme

New Generation Entrepreneurship Summit Started with Unicorn Age Theme
New Generation Entrepreneurship Summit Started with the 'Unicorn Age' Theme

Industry and Technology Minister Mustafa Varank stated that more than 300 startups from Turkey received a total investment of more than 1,5 billion dollars last year, breaking the record of all time, and said, “In the first quarter of this year, the UK in Europe with a total investment of 1 billion 273 million dollars. We have been promoted to the highest league, including . said.

Organized by the weekly economy magazine of Turkuvaz Media Group, Para, the 6th New Generation Entrepreneurship Summit started online with the theme of "Unicorn Age". Minister Varank, in the video message he sent for the special session of the event, stated that until a few years ago, Turkey was unfamiliar with the term "unicorn" and reminded that in the Industry and Technology Strategy announced in 2019, the target of removing at least 2023 unicorns by 10 was set.

6 UNICORN OUT FROM TURKEY

Stating that 6 unicorns have come out of Turkey so far, Varank said, “Two of them reached the decacorn level, that is, a valuation of over 10 billion dollars. Of course, this situation aroused great excitement about the potential of our entrepreneurial ecosystem both at home and abroad. The world's leading financial and economic press brought this success of our country to their agenda. he said.

FLAMETER OF THE NEW GENERATION ECONOMY

Noting that such successful developments took place during the heaviest period of shocks such as the epidemic, Varank said that "Turcorns", which were produced in an environment where production and trade had almost come to a standstill, were the signal flare of a new generation economy for the country.

OVER 300 INITIATIVES

Minister Varank said, “In 2021, more than 300 of our startups received a total investment of over $1,5 billion, breaking the all-time record. In 2022, we see that this trend continues to increase. In the first quarter of this year, we were promoted to the highest league in Europe, including England, with a total investment of 1 billion 273 million dollars.” used the expressions.

10 TURCORN REMOVAL TARGETS

Varank congratulated all the stakeholders of the ecosystem and stated that the target of 2023 Turcorns by 10 is not a difficult target to reach due to the developments achieved in a short time.

TECHNOLOGICAL TRANSFORMATION

Pointing out that a small “start-up” can grow in a short time and reach the levels that the most established industrial companies have reached in decades, Varank noted that these companies can be the driving force of the economy with the added value and employment they create, and the innovative products and services they produce make a great contribution to the technological transformation of many sectors. .

NATIONAL TECHNOLOGY

For this reason, Varank pointed out that they encourage the establishment of successful initiatives in all fields, especially in high-tech sectors, and reminded that they created a separate heading for entrepreneurship in the Industry and Technology Strategy, which was prepared with the vision of the "National Technology Move".

GLOBAL MANUFACTURER

Explaining that they have implemented comprehensive policies that will make Turkey not only a market but also a global producer of critical technologies under this strategy, Varank said, “We provide the infrastructures and the necessary support that will accelerate every stage of the entrepreneurship process. We ensure the commercialization of innovative business ideas with structures such as technoparks, incubation centers and TEKMER. Here, we offer entrepreneurs many facilitating opportunities, from physical opportunities to training, from tax advantages to networks.” made its assessment.

WE INCREASED THE NUMBER OF TECHNOPARKS TO 92

Pointing to the importance of technoparks for technology-based “start-ups”, Varank said that they increased the number of technoparks from 2002 in 5 to 92, and that they are constantly improving the opportunities offered there.

WE CREATE RESOURCES FOR OUR ENTREPRENEURS

Stating that access to finance is one of the biggest obstacles in front of entrepreneurs, Varank said, “Especially technology-based enterprises, which are seen as risky in the early stages, cannot benefit from bank loans sufficiently. At this point, venture capital funds are of vital importance for the entrepreneurial ecosystem. We also create resources that our entrepreneurs can use with the funds we have established and the funds we support.” said.

CALLED

Calling on entrepreneurs to pursue their innovative ideas, Varank said, "We will continue to be with you at every stage of the process with all our means. Whenever you want, do not hesitate to knock on the doors of KOSGEB, TUBITAK, development agencies or apply directly to our Ministry. Our door is always open to you.” he said.

PRODUCTION, EMPLOYMENT, EXPORT AND INVESTMENT

Emphasizing that Turkey has great goals in terms of production, employment, export and investment, Varank added that they will continue to support brave entrepreneurs and innovative ideas that will make their mark in the global market.

Günceleme: 14/06/2022 12:32

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