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The entrepreneurial ecosystem in Turkey attracts the attention of the world with its successful works. Tech startups that stand out in the ecosystem raised more capital in 2021 alone than in the previous 4 years combined. Startups need to be strengthened with experience as well as financial support. This situation increases the importance of new generation venture development platforms that put technology startups on their radar.

*** This release is originally published in Turkish.
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ISTANBUL (TR) - The entrepreneurial ecosystem and venture investments in Turkey broke records in 2021. While the number of unicorns worldwide is pushing a thousand, it was remarkable that 5 of the startups with a valuation exceeding 1 billion dollars came from Turkey. While technology-focused ones took the lead among the startups in Turkey, the British Financial Times newspaper published a news titled “How Turkey became the star of European technology” and brought the successful technology initiatives of Turkey to the world agenda.

Noting that Turkish technology companies raised more capital in 2021 than in the previous 4 years combined, Tamer Capital Founder Kemal Tamer made the following statement on the subject: “Tamer Capital, the venture development and investment platform we established based on Tamer Group's 21 years of experience, makes venture development and startup investments to turn business ideas into large companies on a global scale. As a new generation entrepreneur development platform; We shed light on the growth journey of digital-based, innovative and innovative start-ups and dedicated entrepreneurs who are open to development and do not have field burden, with financial and non-material supports. We take it as a mission to carry domestic enterprises abroad, especially in America.”

"The way for technology-based startups is open"

Saying that thousands of people around the world join the entrepreneurial ecosystem to become the boss of their own business, Kemal Tamer said, “The entrepreneurial ecosystem in Turkey is also growing rapidly. Turkey's young population is very high, and the entrepreneurial spirit is very high. Our path is very clear, especially in technology-oriented entrepreneurship. However, it is not enough for startups to have technology competencies alone to commercialize and grow. At this point, the enterprise development organization is critical.” Stating that entrepreneurship is an important source of motivation especially for young people, Kemal Tamer continued his words as follows: “We established Tamer Capital in 2020. In this way, we had the opportunity to use the experience we gained through our commercial activities within the body of Tamer Group in developing technology initiatives."

"We are completing the missing pieces of the entrepreneurship puzzle"

Stating that startups that turn their dreams and success into a business goal need support in terms of both experience and economic resources, Kemal Tamer said, “Think of every startup as a puzzle. Entrepreneurs bring together many pieces of the puzzle when turning their innovative ideas into ventures, but some pieces may be missing. One of the most important tasks we undertake as Tamer Capital is to identify the missing pieces of that puzzle such as business strategy, software, marketing, collaborations, law and finance, and to mentor and partner with entrepreneurs. In this way, we do not only act with our investor identity, but also become a part of their team. In addition, we help entrepreneurs develop their work reflex, administrative management and institutionalization that they need.”

“4 main entrepreneurship criteria: Dream, target, strategy, tactics!”

Emphasizing the need to create a business strategy, regardless of the sector, while transforming ideas into business goals, Kemal Tamer said, “In order for a dream to turn into an enterprise, a goal and strategy must first be determined and then developed with tactical flexibility. With the start of the entrepreneurial process, incorporation and eventually its evolution into a full-fledged structure confirms the success. So much so that in order for an entrepreneur to succeed, he must not lose the momentum he has achieved by aiming for rapid growth in the short term, as well as taking the steps of dreams, goals, strategies and tactics. Regardless of the stage of the venture, the most critical element of development is for an entrepreneur to discover the changing needs and dynamics of the sector they are in.”

“Risk management and teaming are essential in startups!”

Emphasizing the importance of complete completion of every element in order for a startup to be successful, Tamer Capital Founder Kemal Tamer shared the criteria that should be followed by the startups as follows: “In order for an enterprise to materialize and make growth sustainable, it must first provide risk management and teaming."

"You cannot manage a start-up like a holding"

Stating that resource use in start-up management is completely different, Kemal Tamer said, "When managing a holding, you try to solve some problems with money. In start-ups, you try to solve problems by using resources carefully and finding alternative ways out. When the start-up gets a little bigger, it has to adapt to the transformation."