Technological inventions and innovations are reshaped day by day. Increasing its influence on our daily lives, technological devices are always open to creative ideas and enterprises. In this regard, foundations, banks and other institutions back up these ventures.
There are many establishments in Turkey supporting technology and other kinds of ventures. Apart from these establishments following developments in various segments, there are business incubators, angel investors and governmental supports as well.
These include Young Turk Venture which is usually active in digital ventures, Aksoy Internet Venture where technological enterprises are supported. Also, Aksoy Internet Venture backs up digital ventures. Formed by Access Turkey Group, iLab Venture, TTV(Turkish Technology Foundation) which is under the roof of Teknoloji Yatırım A.Ş., E-tohum, Endeavor Türkiye and Galata Business Angels(GBA), LABX, TİMA, KOSGEB and TÜBİTAK are among this list.
Banks are very fond of technological ventures in Turkey. Especially fintech ventures where finance and technology merge, are followed closely by banks. Receiving total 20 million dollars of funding from the angel investors between 2012 and 2016, Fintech offers digitalizing in banking processes such as money transfer, financial procedures. Some of these banks like Garanti and TEB also organize contests to bring these ventures at one platform.
