Home Uncategorized Turkey’s first impact investment fund established: Founder One

Turkey’s first impact investment fund established: Founder One

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Turkey’s first impact investment fund established: Founder One
Turkey's first impact investment fund established: Founder One

The fund’s yattribution Komite members include Faruk Eczacıbaşı and Sina Afra is also , provided 300 million TL of funding to approximately 100 initiatives. /strong>with its weight aims to invest

Founder One, a venture capital investment fund that supports early-stage technology-focused impact entrepreneurs who create solutions to make the world more livable, was established. Founder One, which makes investments at the idea and seed stage in startups that will create a sustainable positive impact on society or the environment and have measurable impact goals, is one of the first venture capital investment funds in Turkey, established entirely for impact investments, under the leadership of the Turkish Entrepreneurship Foundation and the Turkish Informatics Foundation.. The return of the fund, which focuses on the early stage, has a fast and end-to-end digital investment process, will also support foundations.

Investing in nearly 100 startups with a fund of 300 million TL

The new generation venture capital investment fund Founder One, investing in early-stage impact startups, brings together investors with promising early-stage startups. Founder One, which will provide quick financing to startups with a standard “debt financing mix agreement convertible into shares” (FIKS), aims to make initial investment in up to 100 startups and continue investment in startups with high exit potential with its 300 million TL fund strength.. On Founder One’s Investment Committee; Faruk Eczacıbaşı, Sina Afra, Ali Özkan Şahin, Galya Fani Molinas, Mehru Aygül, Cem Leon Menase, Riza İhsan Kutlusoy, Alim Murat Özgen, Selami Düz and İbrahim Erkan Yağcıoğlu.

Founder One We are breaking new ground with

Founding that they broke new ground in Turkey as a venture capital investment fund, Founder One Investment Committee Member and Turkish Entrepreneurship Foundation Chairman of the Board Sina Afra, “With the principle of giving back to society, we continue to support entrepreneurship and technology by transferring performance income to founding foundations.. Thus, we take impact investments to the next level by being in a position to nurture other funds in the ecosystem.. Thanks to the fund founders’ high reach to entrepreneurs and startups, we reach a very wide audience. With more than a thousand startup applications and hundreds of graduate entrepreneurs annually, we create a strong flow of startup ideas.”

Founder One Investment Committee Member and Turkish Informatics Foundation Chairman of the Board Faruk Eczacıbaşı said, “With the fund we have established, we want to start impact investments immediately and solve problems in a measurable way.. Our aim is to make a measurable positive contribution to Turkey and our planet by making investments that will solve social and environmental problems quickly. Unfortunately, our country is among the 70 countries that have accepted the United Nations Sustainable Development program.. next in line. We will also make need-oriented investments in areas such as Renewable Energy and Alternative Energy, Education, Health Services, Finance.. We are looking for fast scalable, early-stage startups that have a positive impact that will carry us to a better future.”

In the news we published on April 15, we shared the founding of Founder One.

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