Türk Telekom’s acceleration program extends support for 18 AI-based startups
ONE OF Turkey’s leading information and communication technologies companies, Türk Telekom, continues to strengthen the startup ecosystem by supporting startups with innovative ideas. Members of its startup acceleration program, PİLOT, were announced recently.
Some 18 teams that develop qualified and original technology solutions, focused on artificial intelligence (AI), were selected for PİLOT and will each receive a TL 200,000 cash support.
NEW VENTURES
Türk Telekom Strategy, Planning and Digital Assistant General Manager Barış Karakullukçu stated that they have increased the number of startups that will participate in the program in the new period and the cash support provided.
In the new term, the PİLOT startups will include the ad verification service provider Adnsafe; smart agriculture app Agrovisio; AI and deep learning data service Arcanor; circular economy green fintech solution Barty; charging station solution Bluedot; autonomous business process development platform Cameralyze; collective data disclosure service Co-one; cost estimation and supply chain management solution Costifier; Counterfake that detects counterfeit products on digital platforms; social media decision support solution Earnado; AI-supported neurotechnology platform emoty.Al; AI and natural language processing based customer experience solution Feedgage; supply chain management platform Freightest; AI-based pattern and texture production software MYTH.AI; ecommerce analytics solution NeSattır. com; 3D quality control solution surfvis.ai; cybersecurity solution Wallids and video analytics solution XENAVISION.
“As Türk Telekom, our goal since the first day is to support entrepreneurs, strengthen the startup ecosystem, and provide innovative products and services to our customers by collaborating with startups,” Karakullukçu said. “With PİLOT, we offer cash capital and mentor support that startups need most. We also provide startups with the opportunity to cooperate with Türk Telekom, trainings, business connections and access to investors, and we are growing startups by investing with TT Ventures. As of this year, those selected among the teams participating in the PİLOT program will also have the opportunity to participate in the 4-week U.S. program of the world’s largest innovation platform Plug&Play. I congratulate each and every startup chosen.”
31 VENTURES RECEIVE INVESTMENT
The 18 teams selected as a result of the applications will have access to a wide network of mentors, major investors and business contacts of Türk Telekom throughout the program. Teams will also participate in various pieces of training during the program, they will receive office space, technology infrastructure, mobile communication package and promotional support. At the end of the program, teams selected from among 18 startups will participate in the four-week U.S. program of Plug & Play, one of the world’s largest innovation and venture capital platforms. In this way, startups will have the opportunity to introduce their ideas to investors around the world and to collaborate with global companies.
Türk Telekom has provided over TL 5 million in cash support to 73 PİLOT graduates to date, while graduate enterprises employed 850 people last year and achieved a turnover of TL 60 million. Meanwhile, 31 of the graduate startups received investment.