The Startup Factory in Istanbul provides training and resources to help entrepreneurs build sustainable, high-growth startup companies. It runs a 6-month acceleration program to guide startups from prototype to market, addressing common challenges like a lack of funding, mentorship, and industry knowledge. In its first year, the Factory accepted 74 startups into its bootcamp, funded 17 new companies, and helped create 40 new jobs through $900,000 in angel investments and $580,000 in government support.

1. Girişim Fabrikası Enabling
entrepreneurs
to build
Startup Factory sustainable,
high-growth
startup
companies
Istanbul | Turkey

2. Opportunity
Turkey is in the midst of an uprising.
“Young people, united and empowered
by technology, are pounding at the
gates of the old order and demanding
“
that their country's elites make room
for their new ideas.
Rob Salkowitz
Fast Company, March 2011

3. Who are these entrepreneurs?
Abdullah (28)
Uğur (25)
Dilfer (27)
• Engineers with MSc.
degrees
• National Business Plan
Competition Winners
• 1-2 years professional
experience
• Using internet
technologies to solve
societal and business
issues… in the
classroom, on the design
floor, etc.

4. PAINS • Lack of a Formal Training
Structure
• Insufficient and Opaque Sector
Information
• Not Enough Resources in own
Networks
Get Feedback and Advise on Business Idea
Learn to build sustainable business models What are they
Access to low levels of seed financing
Focus on Code & Customers looking for?
(not office space, legal terms, accounting mumbo- (jobs to be done)
jumbo)
• Need More PR, More
GAINS Coverage, More WOM
• Access to a Community of
Like-Minded, Like-Motivated

5. Our Acceleration
Process
6 Months Across the Finish Line
We aim to help startups survive through the death
valley, working with them throughout the
commercialization process of Web, Mobile, ICT
focused technologies, from the prototype to serial
products. move to
market
GF Business Plan (1 month)
Competition
GF Virtual Open Lecture Fit Startup Canvas
develop and validate product & biz
Entrepreneurship Academic sustainable & investable bootcamp
Programs (2 weeks) development
business models using an
in-house model canvas* + (4 months)
Social Media, Web Presence badge-driven gamification
process
Partnership Activities &
Events prototype
development
(3 weeks)
* a blend of current entrepreneurial thinking, inspired by the
work of Steve Blank, Alex Osterwalder, Eric Ries, & Ash Maurya

6. Our Value Proposition:
Accelerating and Redefining
the Entrepreneurial Process
Jason Lau, Murat Tortopoğlu, İhsan Elgin,
Supervisor & Lecturer Supervisor Director & Entrepreneur

7. Primary
Sponsors
Government
Support
PARTNERSHIPS
Non-Profit &
Incubators
Angel Investors
Venture Capitalists

8. Turkish culture is progressively opening up to
entrepreneurship. Following impressive
economic growth, Turkey has developed
politically and institutionally, accommodating
itself better to entrepreneurship.
80% of entrepreneurs say
that Turkish culture encourages business.
Entrepreneurs Speak Out
The Nice Côte d’Azur 2011
Entrepreneurship Barometer

9. 72 million people
Turkey 50% under 30
8.8% economic expansion 35 million online
13th
57% increase in e-commerce internet economy
In Europe, 3rd in online engaged
engagement
(32.7 hours online per month)
1st in content consumption hungry
(3,706 pages per month)
5th in Facebook penetration socially
8th in Twitter penetration networked
3rd in Foursquare usage

10. Results: 1st Year Angel Investment
Raised (TL)
900,000 TL
Government Support
Received (TL)
727
Applications 580,000 TL
74
Bootcamp Participants
17
Startups
40 People Employed

11. Sponsor the Factory and play
an integral role in the growth of
Investment the program as well as
benefiting from GF’s central
Opportunitie position in the Turkish
entrepreneurial ecosystem
s
Join our Investor Network and
get early networking and
investment opportunities with
our dynamic startups

12. www.girisimfabrikasi.com
www.ozyegin.edu.tr
girisimfabrikasi@ozyegin.edu.tr
facebook.com/GirisimFabrikasi
@girisimfabrika
Contact Information