IT IS TIME TO EXPAND YOUR START-UP
IN ISTANBUL TOWARDS GLOBAL MARKET
DARE TO GET ON THE BIG BANG STAGE & BE A PART OF
“ITU MAGNET ACCELERATION PROGRAM”
Deadline: 2020, 16 August
WHAT IS BIG BANG START-UP CHALLENGE?
Big Bang, is one of the leading entrepreneurship events of the world, aims to bring start-ups with the business world. Each year, 20 start-ups compete on the Big Bang stage where more than 3000 people participate in, 40,000 people watch live on social media, and 40 corporate stakeholders distribute awards. Foreign starts-ups who want to be a part of this challenge get the chance to compete on the stage through the ITU Magnet Acceleration Program!
WHAT IS ITU MAGNET ACCELERATION PROGRAM?
ITU Magnet is a global incubation center that brings start-ups together with potential customers, investors and business partners in the market. It provides training and mentoring about market penetration strategies, accessing new investment networks. It builds a strong presence in Turkey&Region market.
WHO CAN PARTICIPATE?
Technology start-ups from outside Turkey with innovative business ideas or models, planning to penetrate into the European and global market via Istanbul
WHAT IS OFFERED?
- Determine their business models,
- Fine-tune their products and services for global market,
- Build their sales and marketing strategies
- Develop their mid and long-term action plans for new market entry.
- $4.3 Million fund at Big Bang stage
- ITU Magnet Acceleration Program: Co-working space, prototyping lab, sales & investment opportunites and global mentor network,
- Access to global market, talent pool, and tax exemptions of Turkey!
WHAT IS BIG BANG START-UP CHALLENGE?
Big Bang, is one of the leading entrepreneurship events of the world, aims to bring start-ups with the business world. Each year, 20 start-ups compete on the Big Bang stage where more than 3000 people participate in, 40,000 people watch live on social media, and 40 corporate stakeholders distribute awards. Foreign starts-ups who want to be a part of this challenge get the chance to compete on the stage through the ITU Magnet Acceleration Program!
WHO CAN PARTICIPATE?
Technology start-ups from outside Turkey with innovative business ideas or models, planning to penetrate into the European and global market via Istanbul
WHAT IS ITU MAGNET ACCELERATION PROGRAM?
ITU Magnet is a global incubation center that brings start-ups together with potential customers, investors and business partners in the market. It provides training and mentoring about market penetration strategies, accessing new investment networks. It builds a strong presence in Turkey&Region market.
WHAT IS OFFERED?
- Determine their business models,
- Fine-tune their products and services for global market,
- Build their sales and marketing strategies
- Develop their mid and long-term action plans for new market entry.
- $4.3 Million fund at Big Bang stage
- ITU Magnet Acceleration Program: Co-working space, prototyping lab, sales & investment opportunites and global mentor network,
- Access to global market, talent pool, and tax exemptions of Turkey!
HOW THE PROCESS WORKS?
In Brief:
Start-ups are expected to take their first steps to determine their market with one week ITU Magnet Acceleration Program training in Istanbul. Selected start-ups will be entitled to pitch in the Big Bang stage to the investors and corporate partners. The selected start-ups will receive one-to- one mentoring services and training&coaching support from professionals.
The selected start-ups will receive one-to-one mentoring services and training & coaching supportfrom professionals.
The selected start-ups will meet leading Turkish & Global companies and investment networks.
The selected start-ups will participate in Big Bang 2019. Start-ups are expected to take their first steps to determine their market entry strategies and growth plans during their one-week training in Istanbul. Selected start-ups will be entitled to pitch at the Big Bang stage to the investors and corporate partners.
ITU Magnet Accelerator Program | Preliminary Application