Companies established with TÜBİTAK BiGG support at the pre-seed stage will have the opportunity to reach the seed investment through the TÜBİTAK BiGG+ Venture Capital Investment Fund. TÜBİTAK will contribute to the technological development of ventures and value-added growth strategies by creating joint investment opportunities for stakeholders in the entrepreneurship ecosystem with this Fund.
Under the Law No. 4691 on Technology Development Zones and the Law No. 5746 on Supporting Research, Development, and Design Activities, if the amount of discount utilized in software, design, and R&D activities developed in Technology Development Zones exceeds 2 Million TL, it is mandatory to transfer 3% of that amount to venture companies, venture capital investment partnerships, or venture capital investment funds by the end of the year through the methods specified in the law.
In order to fulfill the investment obligation of R&D incentives and to benefit from other tax advantages provided for VCIF investments, TÜBİTAK BiGG+ VCIF invites institutional investors who want to invest in TÜBİTAK-supported technology companies to join the Fund.
Fund Name | TÜBİTAK BiGG+ Venture Capital Investment Fund |
First Closing | Date of sale of the first participation share |
Investor Acceptance Period | 5 years from the date of first closing |
Due Date | 10 years from the date of first closing |
Investment Period | 5 years from the first closing date |
Participation Share Minimum Transaction Limit | 50.000 USD |
Management Fee | 2% until the end of the investment period 1% from the end of the investment period until the end of the fund period |
For more detailed information about TÜBİTAK BiGG+ GSYF, you can send us your contact information from the link below. (in Turkish)
https://anket.tubitak.gov.tr/index.php/251237?lang=tr
Announcements regarding the calls to be opened to determine the initiatives in which TÜBİTAK BiGG+ VCIF will invest will be made in the coming days.
You can send your questions and opinions to the e-mail address bigg.arti@tubitak.gov.tr.