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İstanbul Teknik Üniversitesi'nin teknoloji geliştirme bölgesi.

İletişim İTÜ Teknopark A.Ş.
İTÜ Tasarım ve Prototip Merkezi Binası Reşitpaşa Mah. Katar Cad. No:2/41 İç kapı: 1 34469 Sarıyer, İstanbul, Türkiye
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1773 ITU TEKNOPARK FOR ENTREPRENEURS

Startup Acceleration Program

Objective

The 1773 ITU Teknopark Startup Acceleration Program aims to provide entrepreneurs who have just started their entrepreneurial journey or are creating a business idea with the necessary resources to develop, evaluate, and implement their business ideas. The program helps entrepreneurs test their business ideas and understand their marketing potential.

Duration and Steps

The program can last from 2 months to 4 months, depending on the needs analysis of the participating groups, and includes the following steps:

1. Application and Evaluation

Entrepreneurs applying for the acceleration program fill out an application form summarizing their business ideas and business models. The application form provides information about the startups’ business ideas, target markets, and business models. Applications will be evaluated, and entrepreneurs eligible to participate in the program will be selected. Care is taken to choose the most scalable fieldwork groups among the applicant startup teams. EACH PROGRAM PERIOD, ONLY THE GROUPS ARE ELECTED TO THE PRE-DEFINED CAPACITY. Groups that were not entitled to receive support for some time can apply again with their developed projects in the next period if they wish.

2. Entrepreneurship Education

The acceleration program provides entrepreneurship training to applicant startups. The training will help entrepreneurs develop their business ideas, build business models, and cover topics such as business management skills and basic marketing strategies. 70% participation in entrepreneurship training is mandatory to be considered successful in the program.

3. Business Idea Development

Throughout the program, entrepreneurs will gain access to resources to develop and test their business ideas. The program will allow entrepreneurs to build prototypes, gather customer feedback, and test the potential of their business ideas.

4. Mentoring

In the program, entrepreneurs will have access to experienced mentors. The mentors, who work for free, do this voluntarily within the meeting hours they open according to their convenience.

5. Demo Day

At the end of the acceleration program, entrepreneurs present their business ideas to investors and potential customers on a Demo Day. Entrepreneurs can connect with investors, potential partners, and customers at this event.

Main Support Areas

Within the scope of the program, entrepreneurial teams work on and are supported in the following areas:

1- Idea Development: A range of tools and resources can be offered to help entrepreneurs develop innovative ideas to meet potential customers’ needs. In this step, it is essential to address critical issues such as identifying and evaluating arguments, the target audience of the product or service, and marketing strategy.

2- Market Research: Entrepreneurs need to conduct market research and analysis to help them understand the needs of their target market and potential competitors. In this step, addressing issues such as customer profile creation, competitor analysis, and market size is essential.

3- Prototype Production: Prototype production should be done to test and develop ideas and products in real life. In this step, it is essential to determine the resources required to design, manufacture, and test the product and to plan and manage the production process.

4- Seeking Investment: Entrepreneurs may need investment to grow and develop their businesses. In this step, addressing issues such as communicating with investors, preparing an investment presentation, and making an investment deal is essential.

5- Prepare a Business Plan: A business plan helps entrepreneurs determine their strategy to develop and grow their business. In this step, it is essential to address business plan preparation, financial planning, resource management, and team management.

6- Training and Consultancy: Training and consultancy services can help entrepreneurs learn the knowledge and skills needed to develop and grow their businesses. In this step, addressing issues such as mentoring, training, mentoring, and networking is essential.

Other Supports

In addition to these steps, it is also essential that the entrepreneurs of the acceleration program create a community where they can share their ideas, interact with other entrepreneurs, and develop joint projects. Such a community helps entrepreneurs learn from each other, support, and grow together.


It also provides a physical infrastructure, such as a laboratory or workshop, with space and equipment support for entrepreneurs to test, receive feedback, and launch their products or services.


The acceleration program can also provide entrepreneurs a platform to promote and market their ideas, products, or services. This platform can help entrepreneurs interact directly with their customers, collect feedback, and grow their business.


Finally, the acceleration program can provide information and resources to help entrepreneurs build a sustainable business model and fulfill their environmental and social responsibilities.


In addition to all these steps, a good management team, a good planning and implementation strategy, and expertise in business management are required for the success of the acceleration program.

Conclusion

The acceleration program aims to contribute to the entrepreneurial ecosystem by providing entrepreneurs with the resources to develop, test, and implement their business ideas. The acceleration program provides entrepreneurs many opportunities to develop business ideas, mentoring, training, resources, and connections. This program helps entrepreneurs gain the skills and knowledge necessary to succeed in business. It also helps potential entrepreneurs test their ideas and understand their marketing potential. In this way, a strong foundation for entrepreneurs to succeed can be created.

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