TTA Turkey

The Technology Transfer Accelerator Turkey (TTA Turkey) - an initiative managed by European Investment Fund (EIF) - aims to commercialise applied research from universities and scale up the technology transfer market in Turkey, with a particular focus on spill-overs to the country’s less developed regions.

Launched in 2014, TTA Turkey was designed by EIF in cooperation with the Ministry of Science, Industry and Technology (MoSIT), the Scientific and Research Council of Turkey (TUBITAK), the Delegation of the European Union to Turkey and the DG Regional Policy of the European Commission. TTA Turkey Project is co-financed by the EU and the Republic of Turkey under the Instrument for Pre-Accession Assistance (IPA) funds and managed by EIF on behalf of the Ministry. The IPA Competitive Sectors Programme is managed by MoSIT.

TTA Turkey was put in operation on 25 July 2014, and additional resources were made available on 22 December 2014. The main objective of TTA Turkey is to;

  • establish two independently managed TTA Turkey funds (individually referred to as “TTA Turkey Fund I” and “TTA Turkey Fund II”, and collectively referred to as TTA Turkey Funds) that invest in commercialisation of technology intensive research coming out of universities and research centres in Turkey; and
  • establish the R&D commercialisation capacities of TTOs in Turkey so that they can play a successful interface role between industry and universities.

The fund managers of TTA Turkey Funds - DCP: Diffusion Capital Partners and ACT Venture Partners - were selected via a competitive process and through open call for expression of interest launched by EIF.