Türkiye Technology and Innovation Fund: New Opportunities for Entrepreneurs
The Ministry of Industry and Technology makes major contributions to the entrepreneurship ecosystem with the support it provides to technology companies in Türkiye. In this context, Türkiye Development Fund and its sub-fund Technology and Innovation Fund, makes direct investments in new generation technology-focused startups and makes indirect investments through venture capital funds.
Investment Objectives and Criteria
The main objective of this fund is to support the development of the entrepreneurial ecosystem in Türkiye and high added value, to contribute to the development of products and services that include new technologies. Companies that want to receive investment must meet several important criteria:
- The goal of opening up to the global market with a focus on technology and its potential;
- Turnover production and the ability to predict positive cash flows;
- Established or operating in Türkiye for at least 50% of To take place in Türkiye.
Companies Receiving Direct Investment
Companies that receive direct investment under the Technology and Innovation Fund attract attention with their innovative solutions in the sector. For example, Virasoft, develops artificial intelligence-based decision support software for the digitalization of pathology processes. It also measures the feeding ability of newborns. Quartzmed and manufacturer of microfluidic-based liquid biopsy platforms Cellsway Companies operating in the field of health technology such as are among the initiatives supported by this fund.
Other companies that receive direct investment include those developing hotel customer management platforms WeBee, e-commerce analytics platform manufacturer Mindsite, new generation digital marketing platform Wash, which offers artificial intelligence solutions for the retail sector Vispera and visual data anonymization Syntonym These companies increase competition in the sector with technological innovations.
Innovative Solutions in the Automotive Industry
Investments in the automotive industry are also noteworthy. CY Vision, while producing augmented reality integrated dashboards, Delivers.AI It develops AI-powered autonomous delivery robots and systems. Finally, it is a maker of SAE Level-4 autonomous driving software platforms Adastec and develops camera and advanced driver assistance system (ADAS) solutions for the automotive industry Buyuktech Companies such as also receive direct investments. These investments make significant contributions to the technological transformation in Türkiye's automotive sector.
Companies Receiving Indirect Investment
Among the companies that received indirect investment within the scope of Türkiye Technology Fund Revo, ScaleX ve 500 Istanbul There are venture capital investments such as. These companies evaluate growth and development opportunities by receiving investments. Indirect investments contribute to the dynamism of entrepreneurs in the sector and enable the implementation of innovative projects.
Application Process and Future Expectations
Deep technology companies that want to benefit from the support, Türkiye Technology and Innovation Fund Applications for technologyinovasyonfonu.com.tr This fund is for the future of Türkiye. Turcorn It was implemented to support candidates. It is very important for entrepreneurs to evaluate these opportunities in order to increase their own business potential and contribute to the country's technology ecosystem.
Development of Entrepreneurial Ecosystem
The development of the entrepreneurship ecosystem in Türkiye is supported by technology and innovation funds. These funds facilitate entrepreneurs' access to financial resources, while also encouraging the sharing of knowledge and experience. They provide the necessary environment for entrepreneurs to develop themselves, open up to international markets and gain competitive advantage.
As a result, the Türkiye Technology and Innovation Fund provides unique opportunities for entrepreneurs, making significant contributions to the country's technological transformation. Companies that receive investment increase competition in the sector with their innovative solutions and contribute to Türkiye's greater visibility in the international arena.
