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Local and National Support Schemes To Start Businesses (Start-ups) Mustafa Furkan ALBAYRAK Ministry of Customs and Trade/Turkey May 2016 Bratislava /Slovakia
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Keywords in Starting Business Entrepreneurship Ecosystem Financial Ecosystem Education level of workforce Investments SME’s Start-ups
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SME’s / Start-ups Understanding of Business Expectation of Growth Innovation Tech Based Products or Services Need of Recources
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Purpose of the Support Mechanism 1.Regulative Framework 2.Education and Consultancy Services 3.Entrepreneurship Culture 4.Thematic and General Supports 5.Supporting Innovative Entrepreneurship
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SME Support in Turkey KOSGEB (SMALL AND MEDIUM BUSINESS DEVELOPMENT AND SUPPORT ADMINISTRATION) Entrepreneurship Support Program General Support Program Cooperation and Collaboration Support Program KOBİ Project Support Programme Development Agencies KGF(Credit Guarantee Fund) Some Ministries and Programs Chambers of Commerce
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Start-up Support Mechanism Innovation Support Capital Support Sustainability (Experience, Know-how, etc.)
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Innovation Support(Start-ups) TUBITAK (Scientific and Technological Research Council of Turkey) Techenterprise Program Turkish Ministry of Science, Industry and Technology Techenterprise Program TTGV (Techonology development foundation of Turkey) R&D Project Supports
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Innovation Support (Technopolis) 63 (49 active) technopolis 3744 company 27000 R&D Project 38239 employment
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Capital Support (Start-ups) Direct Supports: Techenterprise Programs KOSGEB Programs Indirect Supports: Venture Capital Investment Partnerships Business Angels Program
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Capital Support (Start-ups) Direct Supports: Techenterprise Programs KOSGEB Programs Indirect Supports: Venture Capital Investment Partnerships Business Angels Program
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Venture Capital/Private Equity/Business Angels Venture Capital Investment Partnership low-corporate tax Business Angels Program no-income tax National Funds Fund of funds IVCI (Istanbul Venture Capital Initiative) International Funds EIF and partners Private Funds
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Expectations Entrepreneurship Ecosystem New and international pruducts and services Well educated Entrepreneurs Strong relations between Start-ups and investors Strong SME’s
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Thanks Mustafa Furkan ALBAYRAK m.albayrak@gtb.gov.tr
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