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  • 23-01-21

    Innovative venture investments increase in Turkey 74 percent

    (MENAFN)The industry and technology minister stated that modern venture capital investments in Turkey improved 74 percent annual in the previous year to record USD177 million regardless of Coronavirus pandemic.

    Venture capital and technology enterprises have priority in agenda of the 2023 Industry and Technology Strategies, tweeted Mustafa Varank.

    He further said that "The mobilization we initiated in this field has yielded fruits."

    In 2019, the two funds, The Technology and Innovation Fund and Regional Development Fund, were founded in promoting venture capital in Turkey.

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