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09/06/13
09/06/13
Novicor Introduction
We assist our clients in
 Accessing public and private funding
 Building international pro...
09/06/13
About Us
 Established in 2006
 Academic & International Network
 Acquired by Sistem Group in early 2011
SISTEM...
09/06/13
Project Distribution
4
In fo rm a ( o n )a n d )
Co m m u n ica ( o n )
T e ch n o lo gie s)
6 8 % )
B io t e ch ...
09/06/13
Key References
5
09/06/13
Our Academic References
6
09/06/13
Novicor Approach
7
Excellence
09/06/13
Our Service
 Developing funding strategies
 Selection of the correct funding mechanism
 Ideal approach based o...
09/06/13
Funding Options
9
09/06/13
Ethical Guidelines
 Never take on projects that have a low chance of
being funded
 Never craft a project applic...
09/06/13
Social Responsibility
 100 % subsidization of our consulting fees for R&D
intensive startups at their founding s...
09/06/13
Sample Budget
 Project Budget: 800.000 TL
 Assumption: %30 of total costs is personnel costs
 Law 5746 tax red...
09/06/13
TÜBİTAK
R&D Programmes
 All Payments are Grants
 %40 – %75 Funding Rate
 No maximum project budget
 Projects ...
09/06/13
TÜBİTAK – European Union
EUREKA – Eurostars Programme
 All payments are grants
 75% funding rate for SME’s
 60...
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Introduction to NoviCor Technology Partners and Turkish R&D grants

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This presentation outlines the services provided by NoviCor and gives a brief overview of grants available to companies performing R&D in Turkey.
The grants covered in the presentation are mainly TUBITAK/TEYDEB grants.

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Introduction to NoviCor Technology Partners and Turkish R&D grants

  1. 1. 09/06/13
  2. 2. 09/06/13 Novicor Introduction We assist our clients in  Accessing public and private funding  Building international project partnerships  Developing strategies and roadmaps to gain access to new technologies trigger innovation maximize funding and grant opportunities 2
  3. 3. 09/06/13 About Us  Established in 2006  Academic & International Network  Acquired by Sistem Group in early 2011 SISTEM GROUP  CPA, Legal, Financial Consulting and Financial Operations outsourcing services  Offices in Ankara and Istanbul  Over 80 employees 3
  4. 4. 09/06/13 Project Distribution 4 In fo rm a ( o n )a n d ) Co m m u n ica ( o n ) T e ch n o lo gie s) 6 8 % ) B io t e ch )a n d )H e a lt h ) 1 2 % ) A u t o m o ( v e ) 8 % ) T e x( le s) 5 % ) O t h e r) 7 % )
  5. 5. 09/06/13 Key References 5
  6. 6. 09/06/13 Our Academic References 6
  7. 7. 09/06/13 Novicor Approach 7 Excellence
  8. 8. 09/06/13 Our Service  Developing funding strategies  Selection of the correct funding mechanism  Ideal approach based on the fund programme  Balancing client and programme needs  Innovation - Uncertainty  Client expectations  Maximizing the project budget  Maximizing funding rate  Building networks  Academic  International  Building lasting cooperation partnerships 8
  9. 9. 09/06/13 Funding Options 9
  10. 10. 09/06/13 Ethical Guidelines  Never take on projects that have a low chance of being funded  Never craft a project application that is unrealistic and beyond the skillset of our client  Never include side costs that are not in line with the rules of the programme 10
  11. 11. 09/06/13 Social Responsibility  100 % subsidization of our consulting fees for R&D intensive startups at their founding stage.  Lobbying the government to improve the R&D support system for SMEs  Free trainings at universities and SME platforms on R&D support mechanisms 11
  12. 12. 09/06/13 Sample Budget  Project Budget: 800.000 TL  Assumption: %30 of total costs is personnel costs  Law 5746 tax reduction #1  Social Security and Personal Income Tax: ~ 45.000 TL  Remaining Budget: 755.000 TL  TÜBİTAK – TEYDEB grants  SME: 566.250 TL  Large Enterprise: 377.500 TL – 453.000 TL  Law 5746 tax reduction #2  Corporate Income Tax Reduction: ~ 37.750 – 75.500 TL  Overall Funding  SME: 762.250 TL (% 95 of total)  Large Enterprise: 573.500 TL - 649.000 TL (%71 - %81 of total)  Optionally a 4 year 0 interest USD loan can be requested from TTGV for the same project. 12
  13. 13. 09/06/13 TÜBİTAK R&D Programmes  All Payments are Grants  %40 – %75 Funding Rate  No maximum project budget  Projects up to 36 months  Open to all companies in Turkey (even those with 100% foreign ownership)  Detailed review/audit of R&D content  Reimbursement of costs following audit of receipts and activities in 6 months intervals  No limit to the number of projects a single company can submit 13
  14. 14. 09/06/13 TÜBİTAK – European Union EUREKA – Eurostars Programme  All payments are grants  75% funding rate for SME’s  60% funding rate for Large Enterprise  No maximum project budget  No maximum project duration  Open to all Ltd and AŞ status companies  Accelerated project review process  International project partner required  Project partners must be independent  Local & International Application  Fast access to international markets  Detailed review of R&D content  Post reimbursement of costs in 6 months intervals  No limit to the number of projects 14

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