Funds

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Important Considerations

Legal Structure of Funds

Within the scope of the program the legal structure of the Venture Capital Funds may be any of the following:

• Venture Capital Investment Funds or Venture Capital Investment Company subject to the legislation of the Capital Markets Board of Turkey

• Funds that can invest in ventures resident in Turkey established within the framework of the relevant country legislation (except for countries covered by the black list announced by the Organization for Economic Development and Cooperation (OECD)).

Scope of Grant

Grant Amount

The maximum amount of the grant support that can be allocated to a single institution by TÃœBÄ°TAK will be 20 Million TL, provided that the commitment of the institution to participate in the Fund is not less than 4 Million TL.

 

Scope and Rate of Support

1507 - TUBITAK SME R&D Start-up Support Programme

R&D is innovative activities carried out on a systematic basis in order to increase scientific and technical knowledge, and the use of knowledge in new applications (product, process). Innovation, on the other hand, refers to a set of scientific, technological, financial and commercial activities aimed at transforming an idea into an improved or new and salable product or process.

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