"44 million lira support for early-stage startups."

Angel investors have provided approximately 44 million lira in capital to startups or growth-stage ventures since June 2013.

According to a compilation of data from the Ministry of Treasury and Finance, the legislation regarding the individual participation capital system, which regulates the transfer of resources to venture capital funds, was issued in June 2012. The system became operational with the implementation regulation coming into effect in February 2013, and the first investment under this framework was made in June 2013. Since that date, 1,098 angel investor licenses have been issued, excluding those canceled. Of these, 603 are currently active. Within the scope of the application, 158 licenses were granted in 2023, and 74 licenses were granted in the first 9 months of 2024. It was determined that 67.94% of the license applications were from high-income or wealthy individuals, while 32.06% were from experienced individuals.

47% OF INVESTED COMPANIES HAVE LESS THAN 5 PARTNERS

Since the first investment was made through angel investor networks in June 2013, a total of 233 investors have transferred 43 million 946 thousand lira in capital for 80 investments in startups or growth-stage ventures in Turkey. Within the scope of the application, last year, 4 investors provided 5.2 million lira in capital to 17 ventures, while in the 9-month period of this year, 36 angel investors transferred 11 million 171 thousand lira in capital for 18 investments. Investment applications were made for firms based in Konya (1), Bursa (1), Kocaeli (1), Kırıkkale (2), İzmir (2), Ankara (4), and 69 in Istanbul. It was determined that 47% of the invested businesses have less than 5 partners, 19% have between 5 and 10 partners, and 34% have more than 10 partners.

BANKS ACT AS INTERMEDIARIES FOR ACCREDITATION