To Foster High-tech Startups
The Born2Global Center announced on March 2 that it has signed a three-way memorandum of understanding with the Investment Office of the Presidency of the Republic of Turkey and Teknopark Istanbul for partnership and collaboration in innovation and high-tech startups of the two countries.
The three organizations aim to discover global cooperation projects tailored to high-tech startups of the two countries and promote mutual market entries and expansion of investment in innovative technologies.
Specifically, they will make joint efforts to discover promising deep-tech companies, provide support for the establishment of joint venture firms to enter each other’s market, make investment in innovative technologies, seek technology alliances between Korean and Turkish companies and provide professional consulting and investor matching for innovative technology companies in both countries to enter the global market.
The Investment Office of the Presidency of The Republic of Turkey provides support for foreign companies' advancement and investment in Turkey. It has an office in Korea. Teknopark Istanbul is Turkey's largest special R&D and commercialization zone that conducts R&D activities and the commercialization of next-generation technologies. It is home to roughly 400 innovative technological companies.