Background of Program
Each year, given the favorable technological surroundings for start-ups, roughly 40,000 new companies are established in Switzerland – placing the nation in 2nd place within the Global Entrepreneurship and Development Index (GEDI), of 2017. While the Eastern, German speaking, part of the country predominantly specializes in kick-starting their entrepreneurial ventures within the branch of financial services, the French and Italian speaking regions place stronger focus on adapting technological innovations to the ways in which we interact with things on a day-to-day basis.
Turkey averages at establishing 550 new Start-ups each year, with $488 million in angel & VC funding raised between 2010- 2018, is the largest Start-up hub in Southeast Europe. Turkey’s population is both digitally connected and active, evidenced by being the 9th largest market for Facebook, 6th largest market for Instagram, 7th largest market for Twitter, and the 10th largest market for YouTube globally. Private corporations in Turkey have become active players in the Start-up ecosystem, organizing and sponsoring a variety of events and activities to support the formation and growth of local Start-ups.
With a number of new investment funds, the level of start-up investment is expected to reach new heights of $200 million annually, enabling Turkish start-ups to become even more competitive on the global stage.
The goal of the Swiss-Turkish Startup Program is to link the two Tech-Startup companies into the local ecosystems and landscapes, by introducing relevant stakeholders to similar counterparts in a differentiated market.
Upon handing in their applications as an Artificial Intelligence Start-up in the defined sectors: Automotive, Energy & Renewable Energy, Pharma, Food, Textile compliant with the regulations outlined in Annex 1, 10 Swiss & 10 Turkish -based companies will be selected for regional qualifiers. Out of the 20 pre-selected start-ups, four in total (2 from each nation) will be selected and given the opportunity to pitch their products and/or services at Swiss Days Istanbul 2021, held in late September. Once there, the start-ups will be given the chance to address a highly diverse audience groups (C-Level/ Investors), all actively involved in the relevant industries.
Date and Location (to be defined)
(to be defined)
Intro Startups (to be defined)
Gallery (Photos & Videos)
Supporters: To be defined
Head of Swiss Business Hub Turkey
Swiss Business Hub Turkey
Esentepe Mah.Büyükdere Cad. 173. 1. Levent Plaza A Blok Kat:3
34394 Levent – Sisli – Istanbul
Director of Swiss Chamber of Commerce in Turkey
Swiss Chamber of Commerce in Turkey
Mecidiyeköy Mah. Ada Residence. Sehit Ahmet Sokak.
No:6-10 K:4 D:62