Turkey first and the most successful startup accelerator company of Türk Telekom is gaining momentum up son support to the ecosystem in son 10th year with new projects.
PILOT will now proceed on son path under TT Ventures, the company venture capital arm of Turk Telekom, one of that of the country leading information and communications technologies businesses.
the program started receiving applications for son 10th semester with A brand new structured and enriched content.
Startups selected among the teams who are accepted at program which will be provided cash support worth around $100,000. The teams will also have the opportunity to cooperate with Türk Telekom and get direct investments from TT Ventures.
In addition, the startups selected at theissue of the program will also obtain the right to attend a program in the United States too.
Pioneer of entrepreneurial culture
Agile companies are the engine of global economy, says Muhammed Özhan, Managing Director of TT Ventures.
“As TT Ventures, we are the pioneers of development of an entrepreneurial culture that will take Turkey into the futuresaid Özhan.
“We have been supporting technology initiatives since 2013 with PILOT, Turkey first business-run start acceleration program, with the goal of reveal unicorns of our country who have the potential to bring their power and achievements in this field at global arena.”
Özhan pointed out that they also invest in growth-develop startups via TT Ventures, the industry leader first corporate venture capital company, helping them realize their long-term business goals.
“We have changed the structure of PILOT in son 10th term and joined forces with TT Ventures. We aim to provide maximum benefits for growth of startups by offering special privileges in investments we will make with TT Ventures to those selected from companies that are accepted into the PILOT.
The emphasis will be on the development of startups, which Özhan says will be provided with differentiated development and investment plans in compliance with their needs.
“We are ready to receive PILOT new term applications and we are looking for forward meet with our new startups,” he noted.
TT Ventures investment
Throughout the program, teams will have access to the important investor of TT Ventures network as well as the possibility of holding one-on-one meetings with nearly 100 mentors. Moreover, they will also have the opportunity to access Turk Telekom business network.
the teams selected for the program will be able to develop their skills by participating in various training provided by experts in their field, as well as the mentorships they receive in the process.
the teams who will have the opportunity to cooperate with Türk Telekom and receive investment from TT Ventures also to receive office space, technology Infrastructure, mobile Communication package and promotional support.
Attendees from outside the city will be accommodated.
Türk Telekom will offer teams the right to participate in United States program to develop the initiatives it supports with TT Ventures on a global level.
So far, about 91 startups have graduated from PILOT. TT Ventures has invested in a total of nine companies, of five of whom were PILOT graduates. Turk Telekom total cash support to startups in the scope of acceleration program exceeded 10 millions from TL.