New Pilot ventures prepare for global market

APPLICATIONS for the new term of Pilot, the startup acceleration program of TT Ventures, the venture capital arm of one of Türkiye’s leading telecommunications and technology companies, Türk Telekom, are currently ongoing.

Ventures accepted into Pilot will be entitled to receive investments of up to $30,000 and cash support of up to TL 100,000 from Türk Telekom Ventures.

Last month, Pilot ventures participated in a specially designed entrepreneurship program at Stanford University in the United States. In the new term, these ventures can expect a very special program in America, where they will gain mastery of the global entrepreneurial vision, opening doors to growth in global markets.

Speaking during Entrepreneurship Week, Muhammed Özhan, general manager of TT Ventures, stressed their support for ventures for over a decade through the Pilot program.

“From collaboration opportunities to cash and investment possibilities, mentorship, access to investors and shared workspaces, our support extends to every aspect. We will continue to support our domestic ventures and stand by ventures venturing into the global arena,” said Özhan.

OVER A DECADE OF CONTINUITY

Özhan added that they would provide support in many areas, from health care to education, productive artificial intelligence solutions to image processing and big data solutions.

“This support, which has continued unabated for over a decade through Türk Telekom Ventures’ venture acceleration program, Pilot, extends to every aspect from collaboration opportunities to cash and investment possibilities, mentorship, access to investors, and shared workspaces. In this context, we recently included our Pilot ventures in the Entrepreneurship Program specially designed for Pilot entrepreneurs at Stanford University in the United States,” he added.

Through the acceleration program, Özhan said they had provided approximately TL 32 million in cash support to a total of 111 ventures.

Fifty-nine of these ventures, both from local and international investors, have received capital totaling more than $35 million, providing them with the opportunity to develop their ventures.

“Through the workspaces we provide, both in our central building and at the Türk Telekom Ventures Entrepreneurship Center at the Atatürk Cultural Center, where we are the main supporter, we have also extended our contributions to physical environments,” Özhan said.