Technology Development Foundation of Turkey

Charitable Foundation Ankara, Turkey ·Founded 1991

Overview

Established in 1991, the Technology Development Foundation of Turkey (TTGV) is a non-profit public-private partnership dedicated to fostering technological innovation and development within Turkey's private sector. Operating as an independent entity, TTGV manages various programs aimed at enhancing the capacity of private enterprises through the utilization of public and its own funds. These programs focus on research and development, technological innovation, and environmental sustainability, providing financial support, consultancy, educational services, and policy-making platforms to promote collaboration and knowledge sharing among local and international networks. TTGV's investment strategy encompasses a broad spectrum, including seed funding, early-stage investments, and support for growth and late-stage companies. The foundation's portfolio spans diverse industries such as technology, healthcare, energy, manufacturing, agriculture, transportation, telecommunications, defense, education, environment, tourism, construction, media, finance, retail, and more. By offering financial resources and strategic guidance, TTGV aims to accelerate the commercialization of innovative projects and contribute to the overall economic development of Turkey. With a track record of managing substantial public funds, TTGV has been instrumental in financing numerous technology development projects, establishing techno-parks, and collaborating with national and international institutions for environmental protection. Its unique model of public-private partnership has been recognized and acknowledged in advanced economic systems worldwide, positioning TTGV as a pivotal player in Turkey's innovation ecosystem.

Investment Focus

  • Innovative projects with high technological content
  • Alignment with TTGV's strategic focus areas
  • Potential for commercialization and market impact
  • Commitment to environmental sustainability
  • Strong management team with relevant expertise

Portfolio Companies

TurkcellArçelikFord OtosanKordsaASELSANTÜBİTAKBİLKENT CyberparkHAVELSANTUSAŞBMCVestelTürk TelekomTofaşEczacıbaşıYapı Kredi Technologyİstanbul Technical University ARI TeknokentBursa Technology Organized Industrial Zone (TEKNOSAB)Eskişehir Organized Industrial Zone (EOIZ)Demirtaş Organized Industrial Zone (DOIZ)Gebze Organized Industrial Zone (GOIZ)Gaziantep Organized Industrial Zone (GAOIZ)

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Frequently asked questions about Technology Development Foundation of Turkey

What sectors does Technology Development Foundation of Turkey invest in?

Technology Development Foundation of Turkey invests in Technology, Healthcare, Energy, Telecommunications, Media and Finance, and is based in Ankara, Turkey. Technology Development Foundation of Turkey is listed as a charitable foundation in the ConnectSafely investor database.

What stage does Technology Development Foundation of Turkey invest at?

Technology Development Foundation of Turkey backs companies at Seed, Early Stage, Growth and Late Stage, writing cheques of 100K - 5M.

Which regions does Technology Development Foundation of Turkey invest in?

Technology Development Foundation of Turkey invests across Turkey.

What companies has Technology Development Foundation of Turkey invested in?

Technology Development Foundation of Turkey's portfolio includes Turkcell, Arçelik, Ford Otosan, Kordsa, ASELSAN, TÜBİTAK, BİLKENT Cyberpark and HAVELSAN.

Last updated · Source: ConnectSafely investor database