opportunities for it start-ups kuzeyhan Özdemir bilkent tto

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Opportunities for IT Start-Ups Kuzeyhan Özdemir Bilkent TTO

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Opportunities for IT Start-Ups

Kuzeyhan ÖzdemirBilkent TTO

THE STORY STARTS WITH

CREATION OF AN IDEA

AT OUR MINDS!

LET ME GUESS WHAT IS IN YOUR MIND. NOW !

START UP ?

STAND UP ?

WHAT ???

IDEA ?

“INNOVATION”

“ANGEL” (I LIKED THIS ONE)

“VENTURE CAPITAL”

ETC.

IS IT ALL?

WE HAVE “IT”

YES; WE

KNOW IT

Start Up vs Company

A Company is a BusinessOrganization that Sells a Product or Service in exchange of Revenue or Profit.

Opportunities for IT Start Ups

• There are Support and Grant Mechanisms mainly from TÜBİTAK (Turkish Scientific and Research Council), Turkish Ministry of Science - Industry and Technology, KOSGEB (Turkish Small and Medium Enterprises Development Organization).

• There are also Angel Investors and Venture Capital Firms and Funds Supporting StartUps.

TÜBİTAK 1512 - Support Program in Stages for Individual Entrepreneurs

Who can apply?

Graduated from a university No share in any company

TÜBİTAK 1512 Program

1. Phase From Idea to Business Plan

If the business idea is found to be positive by TÜBİTAK, support will be given.

Support is in the form of Entrepreneurship Traning & Business Mentoring

to prepare the Business Plan.

TÜBİTAK 1512 Program

2. PhaseIncorporation and Technological Verification

(Capital support) if the application has been found succesful

after the evalution of business plan , Capital support will be given to

the Entrepreneur.

TÜBİTAK 1512 Program

2. Phase

Non-refundable (grant) capital fund ≤ 100000 TL

General expense support (%20) ≤ Project support upper limit

Time duration ≤ 12 months

TÜBİTAK 1512 Program

3. Phase Advanced R&D Phase

First R&D project will be supported underTÜBİTAK 1507 SME R&D Initial Support Program

TÜBİTAK 1512 Program

3. PhaseProject budget upper limit ≤ 500.000 TL

AND 75% Support Rate

(Stated in 1507 SME R&D Initial Support Program implementation fundamentals)

TÜBİTAK 1512 Program

4. PhaseCommercialization Phase

Supported companies will be ledto the Angel Investors and

Venture Capital Funds.The companies will be met with the leading actors in their sector and potential customers

through the project markets..

Ministry of Science Industry and Technology - Techno Entrepreneurship Program

Who can apply: Any student who will gradute in one year and any university graduate with no company share.

Support : 100.000 TL (Full Grant)

Support Duration : 12 months

KOSGEB – Entrepreneur Support Program

Entrepreneurship Support Programme comprises of 3 Subprogrammes:

• Applied Entrepreneurship Training

• New Entrepreneur Support

• Business Improvement Centre (BIC) Support

KOSGEB – Entrepreneur Support Program

Applied Entrepreneurship Training• It includes training and workshop studies of minimum 60 hours

(entrepreneurship abilities testings, business idea exercises and business plan preparation)

• Trainings are arranged for general and specific (youngs, women, disadvantageous groups) target groups,

• No charge from participants.

KOSGEB – Entrepreneur Support Program

New Entrepreneur Support• This support is available for the entrepreneurs who had

completed the Applied Entrepreneurship Training and started his/her own business, ISGEM entrepreneurs.

SUPPORT COMPONENT

UPPER LIMIT (TL)

SUPPORT RATIO (%)

(1st &2nd Regions)

SUPPORT RATIO (%)

(3st &4nd Regions)

Enterprise Establishment Support

No Payback 5000

60(Female or

handicapped entrepreneur:70)

70(Female or

handicapped entrepreneur:80)

Establishment Period No

Payback 10000

Machinery, Equipment and Office Hardware SupportOperational Costs Support

No Payback 12000

Fixed Assets Investment Support

With Payback 70000

KOSGEB – Entrepreneur Support Program

Business Improvement Center (BIC) Support

• Business Improvement Centers are centers founded and operated with an aim of enabling the companies under its umbrella to pass through the critical early years healthily and grow up by extending services such as business improvement consultancy, workshop sites that can conveniently be afforded, shared office equipments and office services.

• Municipalities, universities, special administrations, development unions, professional organizations and non-profit organizations can solely or collectively apply for the Business Improvement Centers establishment.

• Bilkent University Technology Transfer Office (Bilkent TTO) was established on October 1st 2013 within the university.

• Within the call of TÜBİTAK 1513 - Technology Transfer Office Support Program in 2013, applications from 36 universities were submitted. 10 universities including Bilkent University was awarded with the grant started at January 1st 2014.

• Bilkent TTO is a unit under Provost Office. Provost of the University is the Vice Rector who is in charge of Academic Affairs.

Bilkent TTO

• IDEA• Development of the Project• Getting funds for the Project• University-Industry Collaboration• Realisation of the Project• Management of Intellectual

Property Rights (IPR)• Licencing• Enterpreneurships &

Establishment of Startups & Company• PRODUCT or SERVICE at the

MARKET

Bilkent TTO Supports Researchers Through The Life Cycle of An Idea

VIZERA

• Start-up by

Ali Çevik (2011) and Mert Küçük (2011)Graduates of Bilkent Computer Engineering

Course: How to Start a Startup (Stanford Lecture Series)Sam Altman, President, Y Combinator 

IT ALL STARTED WITH AN IDEA !

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