The Turkish online game trade is estimated to offer at the least 5 extra unicorns within the upcoming decade, based on the top of the EntertechIstanbul technopark.
EntertechIstanbul head Muhammed Kasapoğlu answered the questions of Anadolu Agency (AA) at a just lately held startup occasion referred to as Slush 2024 in Helsinki, Finland.
“There are seven unicorns in Türkiye as of now and two of them are in the video game business. I estimate that we will have at least five more unicorns in the field in the next 10 years,” Kasapoğlu mentioned.
The time period unicorn refers to a privately owned startup with a valuation exceeding $1 billion.
He highlighted that Entertech goals to spend money on 25 startups in 5 years with assist from the Ministry of Industry and Technology and Entertech’s gaming cluster undertaking with almost 50 stakeholders.
“Some three to four entrepreneurs rule the world, and therefore, the ecosystem is very important and we have been establishing a fund to invest in startups and fund our own startups, as the entrepreneur goes wherever the fund is,” he mentioned.
He famous that Entertech goals to carry online game corporations and studios right into a cluster to allow them to cooperate earlier than competing.
Entertech in London
Kasapoğlu acknowledged that Entertech is the one technopark through which two analysis and improvement universities, specifically Istanbul University and Istanbul University Cerrahpaşa, work as companions.
Entertech is supplied with distinctive alternatives, because it homes almost 100,000 college students and 6,000 lecturers, he mentioned, including that it additionally has entry to the 2 universities’ patents, initiatives, labs and research.
Kasapoğlu highlighted that the technopark is dwelling to over 150 analysis and improvement corporations and over 1,500 engineers working within the area.
“We prepared a five-year strategy plan of how we can make our technopark more attractive, finding out why startups should come to Entertech if there were no exemptions in Türkiye today, and we identified three important issues,” mentioned Kasapoğlu.
“The first is internationalization, or lack thereof, as a result of if we might assist our startups attain overseas and discover them traders and purchasers from overseas, we are able to present entry to financing there, and due to this fact, our technopark could be extra enticing,” he added.
Kasapoğlu added that Entertech will open an workplace in London subsequent February along with the one in Amsterdam to carry entrepreneurs to the worldwide enviornment. He famous that Entertech introduced 4 online game startups to the Slush 2024 occasion.
Source: www.dailysabah.com