Turkey Misc
Presented ByHubSpot
Votes
0
Startups
1

artlabs

claimed
artlabs logo

Scaling 3D generation with AI and enabling AR experiences for brands and creators

Turkey Misc - Startup Scene

Turkeys startup scene is a mix of history innovation and opportunity with a population of over 81 million and a strategic location at the crossroads of europe and asia turkey has been a hub for entrepreneurs for centuries the history of entrepreneurship in turkey can be traced back to the ottoman empire where merchants and traders established thriving businesses today turkey is home to a thriving startup ecosystem with a focus on technology and innovation major tech companies like apple google and amazon have all set up shop in the country helping to drive growth and investment in the startup scene in terms of geography turkeys largest cities istanbul and ankara are both home to thriving startup communities istanbul in particular has become a hub for the countrys tech scene with a thriving startup culture and a growing pool of talented developers and entrepreneurs the technology innovations coming out of turkey are impressive with startups focusing on everything from fintech and ecommerce to healthcare and renewable energy some of the most successful companies founded in turkey include biotech firm biontech ecommerce platform hepsiburada and fintech company iyzico in terms of key historical events turkey is perhaps best known for its unique blend of western and eastern cultures this fusion of cultures has helped to create a vibrant startup scene with a focus on innovation and collaboration local universities such as istanbul technical university and bilkent university are also helping to drive growth in the startup scene producing a steady stream of talented graduates who are eager to start their own businesses with a living wage of around 8000 per year and an unemployment rate of 137 there is plenty of opportunity for entrepreneurs in turkey however the rate of new companies starting and ending is high with many businesses struggling to secure funding and overcome regulatory hurdles despite these challenges however the turkish startup scene continues to thrive driven by a culture of innovation and a growing pool of talented entrepreneurs

PrizesHuge thanks toHubSpot for sponsoring this Award!

Prize Banner