An Instabul-owned accelerator program known as ITU Seed accelerator program opens the 2023 applications for all countries and closes on 26th April 2023.
Over the course of the past decade, ITU SEED has served as a home for hundreds of fledgling businesses and has accompanied those companies as they achieved success on a global scale.
At one of the top five university-affiliated incubation centers in the world, applicants have the opportunity to grow their early-stage company, take advantage of a wide variety of opportunities, and speed up the process of commercializing their innovations.
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How ITU Seed Accelerator Program has impacted companies
Many startups have been able to scale up and remain in business owing to their participation in the ITU Seed accelerator program.
SoMin.ai, which is a platform for targeting long-tail Meta keywords and Google Ads, was able to better adapt to the dynamics of the Turkish startup environment as a result of its participation in ITU SEED.
They learned in particular the seemingly inconsequential but crucial and strategic behaviours to keep in mind when approaching investors and customers. As a consequence of this, they ended up being the only international startup company to be among the top 20 competitors in the Big Bang Startup Challenge. Prof. Aleksandr Farseev, an internationally recognised researcher, entrepreneur, and the Chief Executive Officer of SoMin.ai, shared this.
Vlad Andreev of VESA SYSTEM also shared that They have prior experience with accelerated programmes, but those programmes did not have as clear of a framework as the ITU Seed programme does.
In his words, “We had experience with the acceleration program, but it was not as properly structured as the ITU Seed program. So if you are now at the beginning of your entrepreneurial journey, you definitely need this program. Thanks to the mentors and the ITU Seed Team!”
More Testimonies
Christina Okere of myStash also shared that she gained a better understanding of the Fintech environment in Turkey as a result of her participation in the ITU SEED programme.
Additionally, she found the mentor sessions very helpful and found that she gained a lot from them, particularly the ones with Eoin McGuinness, who assisted in reviewing the GTM strategies of myStash.
“I’d say you have very professional mentors here,” Elmir Aliyev of Botbox said gratefully. For around four days, we gathered a lot of information for the future of our company, including scaling opportunities in Turkey, Istanbul, and Europe.” NamNam’s John Doe agrees that it allows the company to receive advice from other persons on how to improve their product and develop their market approach.
Denis Donin of Atlanta expressed his gratitude for the community’s openness and kindness. The fact that ITU mentors and coworkers are constantly cheerful is the most useful aspect. Topla.az Cashback’s Ahmad Ismayilzada emphasized the significance that mentors have in the process of performing new market research. In truth, there are numerous potential paths to financial success. “It’s a very interesting programme,” says Olga Pantchenko of With.
The program’s structure appeals to me. I think your mentors are fascinating. My product is digital, and Turkey is a natural location for the development of such a product.”
If you are convinced to give it a shot, you may apply here.