Growth support from ODTÜ TEKNOKENT to companies

ODTÜ TEKNOKENT, one of Turkey’s leading technology development regions, has implemented a new program to ensure the growth of technology-oriented companies.

According to the information received by the AA correspondent, ODTÜ TEKNOKENT has added a new one to its efforts to develop the entrepreneurship ecosystem.

The SpeedUp Startup Acceleration Program, which was implemented this year, aims to rapidly commercialize, receive investment and grow globally for companies that have technology-oriented products and services and have passed at least 1 year after their establishment.

Supporting national and international R&D and commercialization activities with more than 440 companies, more than 70% of which were established in ODTÜ TEKNOKENT since 2000, employing more than 10 thousand personnel, Teknokent will open its wide communication network to companies with the SpeedUp Initiative Acceleration Program.

The program, which will be held with Startup Wise Guys (SWG) this year, provides companies with the opportunity to accelerate their commercialization processes, access local and global networks of ODTÜ TEKNOKENT, and access national and international investment networks, especially the Growth Circuit.

Technology companies that want to take advantage of the program will be able to apply until May 10.

Turkish initiatives will be prepared for global markets

ODTÜ TEKNOKENT General Manager Serdar Alemdar told Anadolu Agency (AA) that they implemented the SpeedUp Startup Acceleration Program due to the lack of a program that supports the development, commercialization and internationalization of initiatives that have passed their idea / product verification stages.

SWG Global Chief Executive Cristobal Alonso stated that Startup Wise Guys is the leading early stage acceleration and investment fund in Eastern Europe, which has invested in 230 technology startups since 2012.

Stating that they started investing in startups in Turkey in 2019 and they have invested in 12 different Turkish startups so far, Alonso said:

“The founders of the enterprises we invested in come from 45 different nations and our founding mission is to closely follow and support the developing entrepreneurship ecosystems. In this context, it is greater than organizing the SpeedUP Acceleration Program, which aims to open up global entrepreneurship from Turkey, together with Turkey’s leading technopolis ODTÜ TEKNOKENT Throughout the program, as Startup Wise Guys, we will be actively sharing the methods and experiences we have developed over the years with Turkish initiatives. One of our goals of organizing the program is to prepare technology initiatives in Turkey for global markets and to transform them into global technology companies. “