Izmir tech incubator
CategoriesStrategy Training

Deeptech innovation in fields such as AI, IoT, biotechnology, robotics, and augmented reality applications mean unique products, new jobs, and new markets. Insufficient financial resources, lack of support mechanisms, and difficulty in innovating while serving customers often hinder the development of solutions in these fields.

Izmir city in Turkey is one of the administrative centres that is actively working on overcoming these barriers. The goal is to transform innovative ideas in the field of technology into value-added products and services by creating an entrepreneurial-friendly ecosystem. A series of support-programmes have been launched in the past years to develop the infrastructure and enable researchers and entrepreneurs to acquire new skills and get access to professional networks and funding opportunities.

Izmir NIC project

There are a lot of different initiatives dedicated to boost the innovation potential and the entrepreneurial ecosystem in the region. They are on the right path, but still at an early stage,” said Lorenzo Valeriani, Senior Expert at META Group. Lorenzo participated in the İzmir Network and Innovation Centre Project (İzmir NIC), which aimed to stimulate the development and commercialization of innovative solutions to meet the needs of users in an international context.

Funded through EUROPAID, the project aimed to improve early-stage start-ups investment readiness through:

  • Ecosystem building: increase the capacity of the ecosystem through training, networking, legal support, awareness raising and the creation of a partnership framework.
  • Technology framework: create a reliable and scalable technology infrastructure to allow the efficient delivery of Izmir NIC Hub services.

One of our main objectives was to equip local trainers with the necessary concepts and methodologies required when mentoring innovators working in very competitive and highly specialised fields. The trainers we have worked with had different backgrounds but were very engaged and eager to learn international best practices. If all the players in the ecosystem are involved and willing to work together, great results can be expected in the following years,” Lorenzo added.

Izmir training

Bringing innovation to the market

Laying the foundation of a strong ecosystem is a prerequisite for encouraging innovators to develop novel solutions. Another one is providing them with expert support in complementary areas that allow for their solutions to reach the market and generate impact.

In Izmir, this second phase is addresses by the D-TECH4ENT initiative. The aim of this project is to nurture promising disruptive ideas by providing deep-tech entrepreneurs with support for prototyping, validation, and demonstration in real world conditions, and allowing for wider deployment, scale-up and uptake.

The incubator serves as a “hatchery” for early-stage high risk deep-techs startups, with training programmes covering marketing, pitching, financing and management. After the trainings, the organizers will hold a match-making meeting in İzmir to bring together corporate companies, investors, and start-ups from the relevant ecosystem, and to increase their opportunities for cooperation. D-TECH4ENT expects to facilitate the development of 12 new and innovative products, as well as 6 national and 2 international patent applications.

Deep tech startups offer unique opportunities by developing impactful solutions to real life problems like climate change, healthcare, or access to green energy. In Europe, and according to the 2023 European Deep Tech report by Dealroom, European deep tech startups raised $17.7B in 2022, a 22% decrease from 2021. The four main categories in deep tech are novel AI, future of computing, novel energy, and space tech.

Initiatives like İzmir NIC and D-TECH4ENT enable deep tech innovators and entrepreneurs to build the next generation of category-defining businesses that will shape our societies. Contact our team to learn how META Group can support your organisation with similar support solutions.

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