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Girişim Fabrikası
Startup Factory
Istanbul | Turkey
Enabling entrepreneurs to build sustainable, high-growth startup companies
Turkey is in the midst of an uprising. Young people, united
and empowered by technology, are pounding at the gates of the old order and demanding that
their country's elites make room for their new ideas.
“ “
Rob SalkowitzFast Company, March 2011
Opportunity
Who are these entrepreneurs?
Abdullah (28)Uğur (25)Dilfer (27)
• Engineers with MSc. degrees
• National Business Plan Competition Winners
• 1-2 years professional experience
• Using internet technologies to solve societal and business issues… in the classroom, on the design floor, etc.
• Lack of a Formal Training Structure
• Insufficient and Opaque Sector Information
• Not Enough Resources in own Networks
PAINS
• Need More PR, More Coverage, More WOM
• Access to a Community of Like-Minded, Like-Motivated Young Entrepreneurs
GAINS
Get Feedback and Advise on Business IdeaLearn to build sustainable business models
Access to low levels of seed financingFocus on Code & Customers
(not office space, legal terms, accounting mumbo-jumbo)
What are they looking for? (jobs to be done)
Our Acceleration Process6 Months Across the Finish Line
bootcamp(2 weeks)
prototype development
(3 weeks)
product & bizdevelopment(4 months)
move tomarket
(1 month)
Fit Startup Canvasdevelop and validate sustainable & investable business models using an in-house model canvas* + badge-driven gamification process
We aim to help startups survive through the death valley, working with them throughout the commercialization process of Web, Mobile, ICT focused technologies, from the prototype to serial products.
GF Business Plan Competition
GF Virtual Open Lecture
Entrepreneurship Academic Programs
Social Media, Web PresencePartnership Activities & Events
* a blend of current entrepreneurial thinking, inspired by the work of Steve Blank, Alex Osterwalder, Eric Ries, & Ash Maurya
İhsan Elgin,Director & Entrepreneur
Our Value Proposition:
Accelerating and Redefiningthe Entrepreneurial Process
Murat Tortopoğlu,Supervisor
Jason Lau,Supervisor & Lecturer
PA
RTN
ER
SH
IPS
GovernmentSupport
Non-Profit &Incubators
Angel InvestorsVenture Capitalists
PrimarySponsors
Turkish culture is progressively opening up to entrepreneurship. Following impressive economic growth, Turkey has developed politically and institutionally, accommodating itself better to entrepreneurship.
80% of entrepreneurs say that Turkish culture encourages business.
Entrepreneurs Speak OutThe Nice Côte d’Azur 2011Entrepreneurship Barometer
Turkey
In Europe, 3rd in online engagement
(32.7 hours online per month)
1st in content consumption(3,706 pages per month)
5th in Facebook penetration
8th in Twitter penetration
3rd in Foursquare usage
72 million people
50% under 30
35 million online
13th internet economy
engaged
hungry
socially networked
8.8% economic expansion
57% increase in e-commerce
Results: 1st Year
727Applications
74Bootcamp Participants
17Startups
900,000 TL
580,000 TL
Angel Investment Raised (TL)
Government SupportReceived (TL)
40 People Employed
Investment
Opportunities
Sponsor the Factory and play an integral role in the growth of the program as well as benefiting from GF’s central position in the Turkish entrepreneurial ecosystem
Join our Investor Network and get early networking and investment opportunities with our dynamic startups
www.girisimfabrikasi.comwww.ozyegin.edu.tr
facebook.com/GirisimFabrikasi
@girisimfabrika
Contact Information