Gi­ant cor­po­ra­tions eye in­no­va­tive en­trepreneurs

Daily Sabah (Turkey) - - Business -

A NUM­BER of Turkey’s top hold­ings have taken up the re­spon­si­bil­ity of help­ing new en­trepreneurs re­al­ize their busi­ness dreams through in­vest­ment companies or through var­i­ous fund­ing plat­forms.

As part of these ini­tia­tives, the new en­trepreneurs ben­e­fit from the op­por­tu­ni­ties like men­tor­ing, tech­nol­ogy, pro­duc­tion, com­mer­cial­iza­tion, mar­ket­ing, sales, for­eign links, patents, and fundrais­ing, help­ing them im­prove and reach their tar­gets within a short pe­riod of time.

Cem Soysal, the gen­eral man­ager of Koç Group’s tech­nol­ogy in­vest­ment com­pany In­ven­tram, said that they are sup­port­ing en­trepreneur­ship through in­vest­ments and added that they be­lieve Turk­ish en­trepreneurs can come up with even more in­no­va­tive busi­ness mod­els.

Soysal re­vealed that they have so far re­ceived more than 5,600 ap­pli­ca­tions for patent in­vest­ment, cor­po­rate in­vest­ment, and tech­nol­ogy com­mer­cial­iza­tion. He also noted that In­ven­tram has al­ready re­al­ized six com­pany in­vest­ments, 42 patent in­vest­ments, nine tech­nol­ogy com­mer­cial­iza­tion and 24 Pre­ferred Part­ner co-op­er­a­tions.

Stress­ing that they have been pri­or­i­tized high-en­gi­neer­ing tech­nolo­gies and in­no­va­tions, the In­ven­tram gen­eral man­ager said that very high qual­i­fi­ca­tions of the en­trepreneurs and the fact that their work is hardly im­itable, raised their in­ter­est.

“The minds where deep tech­no­log­i­cal knowl­edge and cre­ativ­ity come to­gether with the spirit of en­trepreneur­ship, are on our radar al­most im­me­di­ately,” he said.

VESTEL VEN­TURES IN­VESTS IN 9 COMPANIES

Metin Salt, the gen­eral man­ager of Vestel Ven­tures, an in­vest­ment com­pany founded by Vestel Group in 2015, noted that the new gen­er­a­tion of en­trepreneurs be­lieve that they will make peo­ple’s life eas­ier with their work, in­crease ef­fi­ciency and make a dif­fer­ence.

Salt said Vestel Ven­tures in­tends to pro­vide en­ter­prises with the sup­port they need to achieve busi­ness suc­cesses.

“For in­vest­ments, we mainly fo­cus on tech­nol­ogy-based projects, projects that try new busi­ness mod­els and look to de­velop a change in peo­ple’s lifestyle. We are in­volved in en­trepreneur­ship ecosys­tems in Turkey and around the world. We reg­u­larly par­tic­i­pate in events and give men­tor­ship sup­port,” he said, adding that they also use their web­sites and so­cial me­dia ac­counts to di­rectly reach en­trepreneurs.

Salt said that it of­ten takes a long time to eval­u­ate the en­ter­prises and sign a part­ner­ship agree­ment.

“Vestel Ven­tures has al­ready in­vested in nine companies. We are in talks with six more. We sup­port these companies to the ex­tent they need,” he noted.

Bu­luşum backs 10 so­cial en­ter­prises Ci­han Al­pay, CEO of Bu­luşum, founded by the Boyner Group as a crowd fund­ing plat­form in 2016, stated that Bu­luşum is a plat­form to de­velop and sup­port so­cial en­trepreneur­ship and strate­gic do­na­tion ecosys­tem.

Claim­ing that skills, en­ergy, re­sources, money, and in­ter­est in so­cial en­ter­prises were grow­ing by the day, Al­pay said these en­ter­prises have made a great con­tri­bu­tion to so­cial devel­op­ment and change.

“We have launched Bu­luşum to con­trib­ute to the devel­op­ment of so­cial in­no­va­tion and in­di­vid­ual do­na­tion cul­ture in Turkey. We be­lieve this model, com­bined with fund­ing sup­port and mar­ket­ing power of Boyner Group, will suc­ceed.”

Ac­cord­ingly, Bu­luşum has pro­vided eight so­cial en­trepreneurs with a to­tal of TL 375,000 ($102,082) for 10 projects over the past year.

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