Turkey's 'Techvisa' Initiative Will Offer New Investment Opportunities. 🇹🇷💰
Industry and Technology Minister Mehmet Fatih Kacır announced Turkey's new 'Techvisa' program at the Tech.EU Summit in London. This program aims to attract international technology and startup companies to Turkey. By inviting talents in the technology field, Techvisa seeks to further strengthen Turkey's tech ecosystem.
▪️Turkey's Technology Ecosystem
In the last 22 years, the number of technoparks in Turkey has increased from 2 to 102. Over 10,000 companies in these technoparks focus on R&D and innovation. The number of R&D personnel has grown from 29,000 to 272,000. This growth is a testament to Turkey's commitment to technology and innovation.
▪️Success Stories
Turkey stands out with its leadership in drone technologies and brands like Togg, which focuses on electric and smart cars. Togg promotes innovation by collaborating with more than 30 startups. These success stories highlight Turkey as a strong player in the technology arena.
▪️Startup Ecosystem
In 2019, Turkey had no unicorns, but it now boasts 7 Turcorns (Turkish unicorns). Turkey has become a significant hub for startups and scale-up companies. There are hundreds of startups in the country with unicorn potential, offering substantial opportunities for investors.
▪️Young Population and Education
Turkey's young population enhances the country's global competitiveness. Young people find opportunities to develop technology at events like TEKNOFEST. This young and dynamic human resource is a significant advantage for Turkey's technological future.
Minister Kacır emphasizes that Turkey's investments in technology and innovation will propel the country forward and invites international entrepreneurs to invest in Turkey. With the Techvisa program, Turkey aims to become an even stronger player on the global technology stage.
