Turkish government to help young Turkish entrepreneurs

Science, Industry and Technology Minister Nihat Ergun has announced that under a new government initiative, 30 young Turkish entrepreneurs will be sent to the famous Silicon Valley in the US every year.

He said: “If anyone says they have developed a new technology and are ready to manufacture it and put it to the market, we will support them.” Silicon Valley is known in the US as a famous spot for technology. It is home to many of the world’s largest technology corporations such as Google, eBay, and Apple.

Ergun went on to say: “We will give them a place in a technopark. They will establish their own company with a minimum of expenditure. We will give grants of 100,000 Turkish liras.” The plan is to double the number of grants in 2012 – a sign of the strength of the current Turkish economy.  

Speaking of what he hoped to gain from this, Ergun said: “I believe there are many Bill Gates among these young entrepreneurs.” With so much faith being placed in young Turkish entrepreneurs, this is really a huge opportunity for the youth of Turkey to shine and opportunities like this will not come around often. Ergun summarised: “I saw this potential in the young people. Turkey’s future lies in this generation.”

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  1. […] the survival of some of the oldest publications in Turkey. Turkey recently announced plans to help young entrepreneurs and this announcement is another sign of the help received by businesses in […]



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