Turkey High Technology Investment Fund (Tech-InvesTR) is Founded!
Tech – InvesTR was established with the partnership of the Undersecretariat of Treasury and the
Turkey High Technology Investment Fund (Tech-InvesTR) is Founded!
Tech – InvesTR was established with the partnership of the Undersecretariat of Treasury and the Technological Research Council (TUBITAK) to support venture capitals.
It is aimed with this program to
• Support early-stage technology-based venture companies, help companies in our country to meet their capital needs
• Create a high value-added production ecosystem by commercializing R&D and innovation outputs of early-stage technology-based enterprises,
• Contribute to the establishment of a venture capital ecosystem by encouraging the establishment of new funds that will provide capital to venture companies,
• Further financial support for each stage of the life cycle of venture companies to ensure the continuity of the created ecosystem,
• Increase the number of investors in the venture capital ecosystem,
• Establish a sustainable venture capital ecosystem in order to support early-stage technology initiatives,
• Ensure the accumulation of venture capital experience and resources in Technology Transfer Offices, Technology Development Zones, and
Qualified Research Infrastructures.
The Support Program is designed to draw investment to start-ups, intellectual property-related projects, companies established by universities aiming to commercialize their knowledge, and SMEs. The minimum amount of grant to be given to each institution as a part of this support program was determined as 2 million Turkish Liras and a maximum amount as 20 million Turkish Liras.
The Undersecretariat of Treasury, Technology Transfer Offices, Technology Development Zones, Qualified Research Infrastructures, and other private investors will contribute to venture capital funds to be established as limited partners within the scope of Tech - InvesTR Program, and it has been decided that the management of the fund will be carried out by independent fund directors.
It is aimed with this program to
• Support early-stage technology-based venture companies, help companies in our country to meet their capital needs
• Create a high value-added production ecosystem by commercializing R&D and innovation outputs of early-stage technology-based enterprises,
• Contribute to the establishment of a venture capital ecosystem by encouraging the establishment of new funds that will provide capital to venture companies,
• Further financial support for each stage of the life cycle of venture companies to ensure the continuity of the created ecosystem,
• Increase the number of investors in the venture capital ecosystem,
• Establish a sustainable venture capital ecosystem in order to support early-stage technology initiatives,
• Ensure the accumulation of venture capital experience and resources in Technology Transfer Offices, Technology Development Zones, and
Qualified Research Infrastructures.
The Support Program is designed to draw investment to start-ups, intellectual property-related projects, companies established by universities aiming to commercialize their knowledge, and SMEs. The minimum amount of grant to be given to each institution as a part of this support program was determined as 2 million Turkish Liras and a maximum amount as 20 million Turkish Liras.
The Undersecretariat of Treasury, Technology Transfer Offices, Technology Development Zones, Qualified Research Infrastructures, and other private investors will contribute to venture capital funds to be established as limited partners within the scope of Tech - InvesTR Program, and it has been decided that the management of the fund will be carried out by independent fund directors.