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Incubation and Acceleration of High-Growth SMEs for a Greener Economy

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Regional Policy Dialogue Meeting “SMEs in a Green Economy”, 09 March 2018, Paris
Session 2, "Incubation and Acceleration of High-Growth SMEs for a Greener Economy", Dr. Deniz Tuncalp, Chief Marketing & Operations Officer, ITU ARI Teknokent, Turkey

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Incubation and Acceleration of High-Growth SMEs for a Greener Economy

  1. 1. Incubation and Acceleration of High-Growth SMEs for a Greener Economy Dr. Deniz Tuncalp Chief Marketing & Operations Officer, ITU ARI Teknokent Associate Professor, Istanbul Technical University Visiting Associate Professor, Politecnico di Milano
  2. 2. • Founded as the Imperial School of Naval Engineering in 1773 • Engineering, Architecture, Business, Sciences • 100% English programs in most departments • ABET accreditation in 23 engineering programs • Top university in the World - total number of ABET accreditations Academic Staff: 2.134 faculty members Undergraduate: 14 Faculties – 6 Research Institutes 22.281 students – 99 Undergraduate programs Graduate: 13.508 students – 158 Graduate programs ISTANBUL TECHNICAL UNIVERSITY (ITU) Pioneer Through Ages
  3. 3. The Global Technopark of Turkey Located at the heart of Istanbul • 130.000+ m2 office space in 10 buildings • 260+ companies & 7.000+ personnel • Companies exempt from a number of taxes The R&D export champion of Turkey • USD 1 Billion total cumulative tech exports
  4. 4. ITU ARI Teknokent: Synergistic Mix of Large Enterprises & SMEs in Technology
  5. 5. IDEA FORMATION INCUBATION GLOBAL COMPETITION ITU CEKIRDEK Pre-incubator & Accelerator INNOGATE International Acceleration Program ITU MAGNET Advanced Scale-Up Incubator GROWTH BIG BANG Startup Challenge ITU CEKIRDEK Incubator & Accelerator PROMOTION & IDEA GENERATION ITU Ginova Entrepreneurship Applied Research Center ITU ARI Teknokent Startup Ecosystem Programs
  6. 6. 2012 2013 2014 2015 2016 2017 Num. of Startup Applications 873 1.146 1.519 4.130 6.068 11.096 Competing Co-founders 27 60 98 574 854 1.386 Competing Startups 11 24 39 282 366 478 Mentor Meetings 35 80 185 2.649 3.426 4.309 Big Bang Investments (TRL) 0 0 0 0 1.615.000 12.480.000 Big Bang Awards (TRL) 100.000 150.000 365.000 1.000.000 3.200.000 4.890.000 Total (USD) 56.000 73.530 164.000 350.000 1.455.000 4.442.000 • UBI Index Ranking: 3rd university-affiliated incubator in the World, 2nd in Europe (2018) • Big Bang: The World’s largest demo day in terms of total investment and awards! • Combined pre/incubation alumni: – 22 mio TRL revenue, 500+ high-tech jobs – 41 mio TRL investment; 380 mio TRL valuation (TRL 1 ≈ USD 2.5) ITU Cekirdek: An Exponential Growth
  7. 7. ITU Magnet: A Scale-up Community Opened in March 2017 +40 startups at Round A & B Advanced prototyping lab & maker space
  8. 8. Austin Boulder Chicago Denver New York Phoenix San Francisco Seattle Cambridge Berlin Istanbul InnoGate Offices & Partner Locations
  9. 9. 2014-2015 2015 2015-2016 2017-I 2017-II Cycle 1 Cycle 2 Cycle 3 Cycle 4 Cycle 5 Term Nov-Jan Jun-Aug Nov-Jan Apr-May Oct-Dec Applications 125 150 175 110 Invitation Price Free Free Free $9.000 $7.000 TR Boot camp US Boot camp 20 9 20 8 20 9 25 12 9 9 Success in USA 4 5 6 6 6 InnoGate in Numbers Objective: Accelerate and softland 50+ more companies into Silicon Valley in the next two years!
  10. 10. Some of the Eco-Innovation Products Generated Bioprinters, e.g. to avoid animal testing of cosmetics Biological remediation to clean oil & grease discharge Sharing Platform: Never buy, just rent! Convert your car to an electric-hybrid vehicle! Make Li-ion bateries with x3 capacity x10 useful-life Construction elements for vertical gardens Plastic recycling technnology for synthetic carpets Anti-mould protection for the food value-chain Electricity generation from air humidity! Natural food preservative from egg shells Bioplastic from olive pulp residue Organic honey, royal jelly and propolis based super-foods
  11. 11. Thank You! Dr. Deniz Tunçalp Deniz.Tuncalp@ariteknokent.com.tr Questions?

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