Business

28 high-tech startups begin their journey

From agriculture to education, from health technologies to cyber security, 28 startups started their entrepreneurial ecosystem journey by graduating from the Baslat Academy. 2 startups participating in the program were also entitled to participate in the global competition.

The startup program “Baslat” Academy, which carries out its activities in cooperation with Facebook and Hello Tomorrow Turkey, gave its first graduates. The Demo Day event, organized within the scope of the BASLAT program, implemented in cooperation with Facebook and Hello Tomorrow Turkey and offering technical training and mentoring academy for early-stage technology startups from various categories, was held with the participation of public institutions and different ecosystem partners. At the event attended by 19 startups and 21 jury members from 5 different categories, entrepreneurs had the opportunity to present the technologies they developed to investors, corporate company leaders and important players in the technology entrepreneurship ecosystem.

TUBITAK SUPPORT WILL CONTINUE

In the opening speech of the online event, TUBITAK President Prof. Dr. Hasan Mandal stated that as TUBITAK, they have closely followed the BASLAT program from the first stage and said, “We want startups to enter the ecosystem without making any distinction between technology or product development. In this direction, I would like to thank Facebook and Hello Tomorrow Turkey for their support with the BASLAT program. The areas in which the startups that are entitled to participate in the program operate appear as active areas in the world ecosystem. The experience gained by 28 startups through this program will contribute to how we, as TUBITAK, will shape our own programs in the future. We will continue to improve the opportunities we offer in line with the feedback from the initiatives.” Underlining that they are open to criticism and suggestions, President Hasan Mandal gave the good news that we will continue to hear the names of successful initiatives in the entrepreneurial ecosystem, where the scientific world creates opportunities for deepening.

HIGH TECHNOLOGY STARTUPS

Within the scope of the “BASLAT” program launched in February, trainings were organized to support startupsin all areas, including Startup-Corporate Cooperation in Privacy High Technology Entrepreneurship, Project Design, Facebook Blueprint, Product/Market Harmony, Data Training, Patent Training, Startup Performance Management, Globalization, Risk and Legislation Management, Fund Programs and Expression Design. These trainings, specially designed for the needs of entrepreneurs, were successful with the positive feedback of 95% collected from the entrepreneurs at the end of the one-to-one evaluation meetings. In the five-month period following the program launch, 28 startups from 5 categories were provided with technical training as well as one-on-one mentoring. 95% of startups stated that mentoring conversations were helpful for moving their startups forward.

REPORTS ON TECHNOLOGY TRENDS ARE ANNOUNCED

FACEBOOK and Hello Tomorrow Turkey aim to support startups to gain insight into the ecosystem both globally and in Turkey, with sectoral reports created within the scope of the BASLAT program. Hello Tomorrow Turkey Founder and President Timur Topalgokceli and Facebook Public Policy Programs Manager Ece Basay shared the reports on the technology trends of the 5 sectors within the scope of the BASLAT program at the Demo Day event with the participants. While the global digital health sector will reach a market size of $96.9 billion in 2020, the global smart city sector size is expected to increase from $410.8 billion to $820.7 billion by 2025. The global education technology sector has grown 32 times since 2010, reaching a record $16.1 billion in venture capital investment.

Source: Sabah / Translated by Irem Yildiz

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