The document discusses opportunities and challenges for investing in technology in Turkey. It outlines various government programs and funds that provide support for startups and research and development, including the Istanbul Venture Capital Initiative (iVCi) fund of funds. However, it notes that Turkey still lags in areas like the number of skilled researchers and private sector investment in R&D compared to other countries.

1. Investing in Technology : Opportunities & Challenges in Turkey A. Mete ÇAKMAKCI Private Deal Conference 11 October 2008, İstanbul

2. Private Deal Conference : TTGV 2008 TTGV and Teknoloji Yatırım TTGV A foundation Teknoloji Yatırım A.Ş. A dedicated start-up investment vehicle managed by an independent team TURKVEN - TPEF 1 44 M USD in size invested in 7 companies With 1 successful exit İŞ Gir iş im A Turkish PE/VC structure with an initial size of 33 M USD Already invested in 19 companies With 4 successful exits iVCi I stanbul Venture Capital Initiative A dedicated Fund-of-funds SIF structure for VC/PE funds focusing on Turkey managed by the EIF TDF A soft loan scheme upto 1 M USD per project almost 250 M USD disbursed since 1991 Investor Shareholder Investor Investor Shareholder Administrator/ Co-lender

3. Private Deal Conference : TTGV 2008 Teknoloji Yatırım A.Ş. Teknoloji Yatırım Deal Flow (as of Sept 2008) Teknoloji Yatırım investment strategy : to support the company through proof of market towards market expansion and exit through a share sale.

4. Private Deal Conference : TTGV 2008 Professional Experts Investors Lead-invest, Co-invest Services, Consultancy Pre-incubation, Soft-loans High-tech start-ups Investors Start-up : Teknoloji Yatırım Model

5. Private Deal Conference : TTGV 2008 State of VC in Turkey

7. Private Deal Conference : TTGV 2008 iVCi : Istanbul VC Initiative A dedicated fund of funds operation to expand Turkish VC markets launched in November 2007, Eligability is Turkey focus.

8. Private Deal Conference : TTGV 2008 Geography of TDF Average Project Size : 300 K USD

11. Private Deal Conference : TTGV 2008 A Comparison Turkey Compared in terms of selected KE Metrics Source : WB Knowledge Assesment Methodology Homepage : http:// www.worldbank.org/kam

12. Photo s : kind courtesy of METUTECH A r ı Teknokent Ar ı 2 B i nas ı A Blok Kat:7 İ TÜ Ayaz ağ a Yerle ş kesi Koru Yolu Maslak 34469 İ stanbul, TURKEY www.teknolojiyatirim.com.tr