Angel Investment in Turkey in 2010

I guess every entrepreneur knows the methods to begin a start-up:

– Make it with their own capital
– Getting capital from family and friends
– Working with incubation companies
– Support from Angel Investors
– Contests and prizes
– Support from VC companies which make investment directly within early period.

The year 2010 was a good year in Turkey, “except the bans” online. The best proof is the increase in investments! Apart from those are trying to grow with the help of their own capital and family or friends, the number of angel investments can give us some insight on how 2010 was.

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The First Incubation Center for Turkish Internet Entrepreneurs Opens!

303138_chicken_trinketToday I want to share news I have known for a long time and been eagerly waiting to give you. Turkey’s first incubation center for internet entrepreneurs is opening in Istanbul.

First let me explain what an incubation center for those who do not know. We see examples to incubation centers in the United States and abroad. An incubation center is an incubator environment for Internet entrepreneurs in particular. New internet initiatives are in need as a newborn baby has some needs to live.

In general, a new internet initiative gets the following help in incubation centers: Office space, office supplies, counseling-mentoring and most importantly, capital. In abroad, incubation centers are being created by especially universities, civil society organizations and investors. The incubation center in Istanbul was established by Akinon, investor of KariyerGENC and founder of Markafoni, and e-tohum, which brings Internet entrepreneurs together. This is why the name is “etohum Akinon Incubation Center” (EAIC).

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Founders of GittiGidiyor Invest In!

pabbuc-logoWe have learned that founders of GittiGidiyor, Burak Divanlioglu and Serkan Borancili have made an investment in, online shopping website for shoes, bags and accessories that is one of the eTohum initiatives and became partners. The initiative will continue to serve under the company established after the investment is made with the name Pabbuc Electronic Services and Trade. Inc. Burak Buyukdemir has shares of the initiative as well as Serkan Borancili and Burak Divanlioglu.

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