12/22/2022

Turcorn 100 Program to Build An Exemplary Entrepreneurial Ecosystem

​The launch event for the “National Technology Entrepreneurship Strategy and Turcorn 100 Program" took place at the Istanbul Museum of Painting and Sculpture with the attendance of the Minister of Industry and Technology Mustafa Varank, Chairman of Baykar Selçuk Bayraktar, representatives of 17 program partners including the Investment Office, and executives of Turkish unicorns Getir, Hepsiburada, Insider, and Trendyol.

Türkiye has set targets for technology entrepreneurship that include having up to 100,000 tech startups by 2030. In keeping with the strategy, the details of the Turcorn 100 Program were also revealed at the event. Within the framework of the 2030 Vision, 100 Turcorns with valuations higher than USD 1 billion will be created through new support and experience-sharing programs.

Minister Varank took a turn at the ceremony's stage to stress the importance of tech entrepreneurship in the strategy and the role of startups in the economy. “Our main goal is to build an exemplary entrepreneurial ecosystem that fosters the development of a deep talent pool, encourages entrepreneurship, and boasts financing opportunities", Minister Varank noted.

In 2021, 329 Turkish startups broke an all-time record with a total investment of over USD 1.6 billion, propelling Türkiye to stand among the top 10 countries in terms of attracting startup investments. Türkiye has also raised four unicorns and two decacorns in the last two years.

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