Talk by Duygu Oktem Clark, TTA Turkey - European Investment Fund (TR), at Stanford on Feb 5 2018, in our session: 'Slovenia & Turkey : Startup Accelerators and Ecosystems in the Balkans and Southeast Europe'. Website: http://www.StanfordEuropreneurs.org YouTube Channel: https://www.youtube.com/user/StanfordEuropreneurs Twitter: @Europreneurs

1. Overview of the
Turkish Entrepreneurship Ecosystem
Duygu Oktem Clark
Business Development Leader @ European Investment Fund – TTA Turkey
Venture Partner @ ACT VC
Stanford Engineering
February 5 2018

2. Turkey is the 17th-largest economy in the world and the 6th largest economy within the broader EU community

3. The Technology Transfer Accelerator Turkey (TTA Turkey) - an initiative managed by EIF - aims to
commercialize applied research from universities and startups.
Launched in 2014, TTA was designed by EIF in cooperation with :
• the Ministry of Science, Industry and Technology,
• the Scientific and Technological Research Council of Turkey (TUBITAK),
• the Delegation of the European Union to Turkey and
• the DG Regional Policy of the European Commission.
The Technology Transfer Accelerator Turkey (TTA Turkey)

4. • Fund size: € 52,5 M
• 66 Technopark & Technology Transfer Office visits
• +2000 projects evaluated
• 165 startup projects mentoring
• +60 startups were funded
The Technology Transfer Accelerator Turkey (TTA Turkey)

5. The Technology Transfer Accelerator Turkey (TTA Turkey)

6. 2016 2017201520142013201220112010 20132008200720062005 20092004
DISCLAIMER: This map is produced for informational purpose not to list every ecosystem player in detail BAN: Business Angel Network Sorted alphabetically, Foreign funds are listed according to their first investment in Turkey Feel free to ask for updates : support@startups.watch
2000-2004
Inventram
DCP
ACT Venture Partners
FonlabeniFongogo
Crowdfon
Buluşum
Arıkovanı Bahariye Melek YatırımBIC Angels Bumed Business Angels
Egiad Melekleri
eTohum Investor Club
ERBAN
Galata Business Angels Istanbul Startup Angels
Keiretsu Forum Türkiye
Lab-X Metutech-BAN
Şirket Ortağım
TR Angels
TEB Melek Yatırım Platformu
TEB Özel Yatırımcı Kulübü
500 IstanbulWebrazzi Ventures
IFC
YT Venture Partners
Vestel Ventures
String Ventures
StartersHub
Letven
Sankonline
Proline Ventures
inventures
F+ Ventures
Doğa Girişim Aslanoba Capital Arya Women
3TS
Verusaturk
TechUP
The Abraaj Group
öncüMediterra Capital
İş Girişim Ericsson Crea-World
Superonline incubaTR Teknoloji Holding e-mbrio
iLab Holding AKPortföy - AGNDGSK
212
Wamda Capital
Nexus VenturesTRPE Venture Partners
STC Ventures
Revo Capital MEVPIdacapital
Hummingbird Earlybird ADD VentureATOM
BIC 101Bioİzmir CAP
Embryonix Founder Institute
Game Garage GarantiPartners
Girişim Fabrikası
Gemim Hackquarters
Inovent
ITU Çekirdek INNOGATE
InnoCampus
iNEO
KWORKS
nüvEGE
Startupbootcamp Istanbul SuCool
TEB Girişim Evi
Teknoloji TürkiyeT-Jump Teknogirişim Okulu H.P.
Türk Telekom Pilot EBRD
sente.link
VivekaYFYI
StartersHub XO TEB Fintech Future Four
WAY Turkey
collectivespark
Turkish Startup Ecosystem Timeline
v1.2.1 , October 17, 2017
(Funds, BANs, Accelerators, Platforms & Turkish Market Entry Years)
startups.watch
BIST Özel Pazar
Workup
Amadeus Capital Vostok Emerging Finance
Demirören Ventures Logo Ventures
Growth Circuit Bosphorist Fidesa Ventures
ScaleX Ventures Monkfish Equity
General Atlantic KPCBTiger Global
Source: StartupsWatch
Turkish Startup Ecosystem Timeline

7. Turkish Entrepreneurship Ecosystem – Some Numbers
Accredited Angel Investors
428
Business Angels Networks
15
Accelerators & Incubators
41
Early Stage VC Firms
29
R&D Centers
770
Private Equity Firms
15
Technology Transfer Offices
63
Technoparks
55

8. The Most Active City - Istanbul

9. Other Active Cities
ANKARA
IZMIR ESKISEHIR

10. Venture Investing
Source: StartupsWatch
Venture Investing in Turkey (2010-2017)
Angel & VC Investments
Private Equity Investments
# of Deals

11. Venture Investing by Stage
Source: StartupsWatch
Venture Investing by Stage (2010-2017)

12. Venture Investing – Most Funded Verticals
Source: StartupsWatch
Most Funded Verticals in 2017

13. Notable Exits
Turkish Startup Acquirer YearDeal Volume
$600 M 2015
~$260 M 2011
$100 M 2014
~$200 M 2011
$100 M 2017

14. THANKS!
Duygu Oktem Clark
@duyguoktem
Entrepreneurship & Technology Commercialization Report 2017:
Global Trends and Specific Look at Turkey
You can download for free:
http://ttaturkey.org/67/n/new-report-entrepreneurship--technology-commercialization-report-2017-global-trends-and-
specific-look-at-turkey