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1514 - Venture Capital Funding Program (Tech-InvesTR)

Tech-InvesTR Venture Capital Support Program was established in order to enable venture capital funds to invest in R&D intensive early-stage companies to meet the financial needs of these companies. In order to ensure sustainable functioning of the program, a Cooperation Agreement was signed between TÜBİTAK and the Ministry of Treasury and Finance. With Tech-InvesTR Program, it is aimed at;

Process

  • Supported projects are monitored annually. 
  • TTO submits its performance targets for the following year at the end of the third quarter of the year to TÜBİTAK. TTO’s performance targets are assigned by TÜBİTAK after the negotiation process. 
  • While transitioning from the Institutional Capacity Development Phase to the Target Oriented Growth Phase, TTOs are re-evaluated by the group executive board. 

Who Can Apply

  • Program is operated on a call basis.
  • University units, HEC approved TTO companies and technology development zone management companies may submit their project proposals to the call. 

Scope of Support

  • Program consists of two phases, namely “Institutional Capacity Building” and “Target Oriented Growth”.
  • The maximum duration of the support in both stages is 5 years. A technology transfer office may benefit from this Program for 10 years.
  • The budget upper limit for the Institutional Capacity Building Phase is 1.250.000 TL per year, and the budget cap for the Target Oriented Growth Phase is 1.750.000 TL per year.

Who Can Apply

Turkish citizens, companies registered in Turkey, universities, public bodies and institutions, which have received application number for their patent applications to TURKPATENT or WIPO may benefit from the support program. However, representative offices and branches, of which legal and business center are abroad and which are residing in Turkey with a limited liability status in addition to foundations, associations and their economic enterprises may not apply to this program.

Support and Prize Limits

Important Issues

For national patent applications

National Patent Application Research Report Support/National Patent Examination Report Support applications are made with forms filled while requesting for research report/examination report from the TURKPATENT internet address (www.turkpatent.gov.tr).

Granted Patent Prize, Patent Attorney Support and Granted Patent Attorney Prize applications are submitted to TÜBİTAK.

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