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Startups, whose numbers are increasing daily and have become the lifeblood of economies like SMEs, also play a vital role in a sustainable future. Aiming to commercialize startups, in4startups announced that it prepared a sustainability manifesto. The platform also announced that it developed a new analytics tool that measures the sustainability of startups.

TURKEY - According to the data released by the United Nations (UN) Development Program UNDP, annual investment requirements in all sectors are estimated to be between 5 and 7 trillion dollars to achieve the Sustainable Development Goals (SDGs). UNDP explains that only developing countries face a huge financing gap of $2.5 trillion annually in SDG investments. While every person and institution has essential responsibilities for a more livable future, the startup ecosystem also works on SDGs.

The digital acceleration platform in4startups, which enables startups to commercialize and meet with investors, has published its sustainability manifesto. It was also announced that the platform, established in 2022 by Ahmet Sefa Bir and Şerafettin Özsoy, developed an impact analysis that measures the sustainability of initiatives.

Manifesto in line with the UN framework

Making a statement on the subject, in4startups Founders Ahmet Sefa Bir and Şerafettin Özsoy stated that the entrepreneurship ecosystem is of great importance for a sustainable future and said, “For this reason, we have published our commitments under the name of 'in4startups Sustainability Manifesto' to contribute to the SDGs.” The manifesto includes commitments that In4startups will comply with, as well as that it recommends the startups it works with. The manifesto, shaped by the framework drawn by the UN SDGs, consists of 14 items.

Startups can do impact analysis

Working with hundreds of startups to date, in4startups first applied the analysis to itself, mapping which SDGs and how much they overlapped. Startups using the analysis can also identify which of the UN's 17 SDGs they carry out activities. After the SDG determination, it is possible to measure the percentage of the impact of corporate sustainability in environmental, economic and social dimensions. Impact analysis results are visualized and reported by 17 SDGs.

“Entrepreneurship deeply affects the course of the world”

Ahmet Sefa Bir and Şerafettin Özsoy concluded their words as follows: “We believe that our services, which facilitate the commercialization of startups and find investments through acceleration programs, which are our main field of activity, play a key role in making our country and our world a more livable place. Because we know that entrepreneurship is not just a commercial activity, but a large ecosystem is formed as a result of efforts in this field, innovative business models, products and services. We believe that entrepreneurship is a significant activity that deeply affects the course of the world. For this reason, we think that our activities and the products and services we develop contribute to the development of the entrepreneurship ecosystem and thus make the world a more livable place.”