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Home Technology

Istanbul offers vitality space for startup companies international talent

by Ruslan Burak
July 3, 2023
in Technology
2 min read
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Istanbul stands out as a vibrant city space for young entrepreneurs and technology Passionate about showcasing their talents in innovation and high tech.

with support From the Investment Office of the Presidency of the Republic of Turkey, Islamic Cooperation Youth Forum (ICYF) on Tuesday officially launched the International Business Incubation Center, which will be its headquarters in Turkish city of Istanbul.

The nursery center provides office space, and event or top management supportcreates opportunities for Renewal and investors,” said Mahmoud Sabra, CEO and founder of Derivative, automation solution for Warehouses.

Sabra was attending the launch party event Along with a lot of others young tech Enthusiasts of all over The world.

“Because of the COVID-19 pandemic, there have been a lot of Human labor shortage together with Sabra, we launched this startup in 2020 to integrate robots with human labor l allow Alternative Warehouse Solutions, said Abdul Ghaffar, Co-Founder of derivative.

Jafar and Sabra who Hail is from India and Lebanon, respectively, and graduated from Haleish University in Istanbul before launching their project.

Take care of ideas

else young A businessman from Malaysia, Wan Muzaffar, is also Sponsoring his startup in the incubation center.

he fell in Istanbul a month ago and it is busy with market research.

Center provides market access and market Study and potential customer base and allow localization of “My product is Anak2U,” Muzaffer told Anadolu Agency (AA).

He said that his startup provides solutions to educational institutions to make the teaching and learning process easier easier for the students.

Our platform is a customizable educational platform where the educational institution can have their own application and operating system … He. She allows remote He studies ” added.

Muzaffar started already operating in Islamic schools and institutes in Malaysia.

About 150 centres of Islamic school use our platform,” adding, “I am in in Explore Istanbul new markets and try to localize my producers. “

When asked why they chose Istanbul as a base for Derivatives co-founders Ghaafar and Sabra said, “It is A good The main center for suppliers and producers.

Our target customer base is the Gulf region region In addition to the local Turkish markets.

access to global markets

Furkan Karakaya, Vice President of The investment office said that digitization has increased the importance of tech Emerging companies.

Turkey offers access to me global markets, he told the businessmen who attended event.

“with l unique geopolitical location, manufacturing and logistical infrastructure in placeTurkey is in the center of global Karakaya said.

Other speakers in event Emphasize cooperation between entrepreneurs and companies along with viable investments.

ICYF is launched in 2004 Post-Foreign Ministers of the organization of The Organization of Islamic Cooperation adopted a resolution at its summit on June 14-16 that yearand in Istanbul.

The forum is a file internationalnon-commercial, non-partisan organization Autism leading Umbrella youth organizations from member states of OIC as well international youth organizations, operating in Organization of Islamic Cooperation region and youth organizations representing important Muslim minorities around the world, according to her website.

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