We are happy to announce that we are now co-funded by KOSGEB, Istanbul office
(SME Development Organization of Turkey). This incentive is specially targeting projects of Turkish SME's to achieve their goals and make their innovation ideas come into our everyday life. The fund will help us to hire new stuff and invest in R&D labarotary machinary and equipment. Thank you all for your trust and support.
EBAN Releases 2015 Statistics Compendium for Angel Investing Market - 8.3% Increase to 6.1 Billion Euros
EBAN announces the publishing of the 2015 Statistics Compendium - a unique research publication highlighting trends in the business angel investing market with the most up-to-date information.
EBAN estimates the European early-stage market at €8.6 billion, with Angel Investing representing approximately €6.1 billion in 2015.
Key findings of EBAN’s annual statistics for the year 2015 include;– Angel investment grows 8,3% from €5.5 billion in 2012 to €6.1 billion in 2015
– Overall early stage investment market is estimated at €8.6 billion
– UK leads European angel investment (visible market) with 96 million Euros followed by Spain (€55) and Germany (€44)
– Average investment per company increases to €184k in 2015 (€166k in 2013)
– Investment per angel investor decreased from €20.437 to €19.990
– ICT collects 22% of amount invested and 37% of number of deals followed by Manufacturing and Biotech and Life Sciences (13% and 11% respectively) in terms of amount invested and Mobile (13%) in terms of number of deals.
One of the biggest risk for startups is not being able to raise enough funds and perish in the valley of death. We are talking about 90% of startups here that end up with failure.
So we have to pay enough attention not only in our idea and development peroid but parallely giving efforts on raising funds by being visible enough to investors.
Therefore we attend to most of the well known events in Europe to be able to explain our business concept and idea to investors.
Our founder Mr. Hakan Yedier will be attending to Scale Up for Europe event that will be held in Porto, Portugal between 25-28 May, 2016.
We were funded by European Commission grant funding programme, SME Instrument Phase1, that has started on first of March 2016 with a duration of 6 months. This 6 months of work will be the fundamental of Phase2 application as well.
We are working hard to be one of the very few grantees of Phase2 of SME Instrument. Phase2 grantees can be co-funded by European Commission up to 2.5 million EUR. Horizon 2020 grant funding programme is the largest in the world with its 80 billion EUR fund at hand.
We were invited to a pitching session at Hannover Messe German Startups Association booth. It was an interesting experience to pitch here while most of the pitching startup companies were from software and on-line business platforms. We were the only company developing something tangible :)
We see this as a positive feedback while most of the attentions are all around on-line world nowadays.
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