Information on Innovative Idea and Product Support Program (YFUD):
Entrepreneurs fill out the application form and submit it to ARGEDA-TTO.
a) The Application Form includes detailed information on the following topics:
- Business Idea,
- Anticipated completion period of project
- Project phases and completion periods (summarized business plan)
- Inventive aspects of the business idea
- Commercialization plan
b) The project owners who pass the preliminary evaluation of ARGEDA-TTO are expected to make a presentation before one or more jury members appointed by ARGEDA-TTO for assessment.
c) A third-party company will evaluate the product or the associated companies in order to determine their values with all expenses covered by ARGEDA-TTO.
Atılım Innovative Technology Development, Financing, and Marketing Inc. will establish an associated company with the entrepreneur who has successfully passed technological assessment or is a partner to the existing company. The amount of investment in this partnership shall not exceed 25% of the technological value of the product or the company and up to 200.000 TRY.