• The start of Turkish lemon season…

    The Turkish lemon season has started. Sizes are comparable to last season and Turkish growers have worked hard to ensure they comply with European crop protection regulations.

    The quality of the fruit is monitored at all stages: cultivation, sorting, packaging, distribution and conservation. Quality reports with the name of the producer, certificate number of the ‘garden’, date of harvest, chemicals (if applied), certificate of approval Turkish Ministry of Agriculture and packaging date can be shown and/or partly printed on packaging labels.

    Photo: MDA Agricultural Products

    Turkish exporters, the Union and the Ministry of Agriculture are closely monitored and have intensively trained their growers in growing the right products, spraying, fertilizing and harvesting. Read full article here.

               

     

    
            
  • Turkish startups receive €1 MLD

    Turkish startups receive USD 1.2 billion investment in the first half of 2021.

    ​In the first quarter of 2021, 61 startups had raised $508 million from angel investors and venture capital funds. This is a record for the Turkish startup ecosystem. According to Startup.Watch’s “Turkish Startup Ecosystem Quarterly Report-Q2 2021” report, 63 startups raised $746 million for a total of $1.2 billion in the first half.

    Getir became the most invested startup in Turkey with $550 million and a valuation of $7.5 billion. Dream Games, the second highest investment recipient after Getir, also turned into a unicorn in the second quarter of the year.

    Turkey ranks 8th in Europe and 2nd in the Angels and venture venture capital investors in the Middle East and North Africa.

    The Chamber of Commerce foundation has had constructive discussions with Teknopark / Incubation Center Istanbul (see min. 0:35 in video). Dutch startups can use facilities.

  • Netherlands top 5 investor Istanbul

    The Netherlands is in the top five countries with the highest capital invested in Istanbul in 2019 with Syria, Iran, Germany and Jordan.

    With 93 investors and assets of TRY 346 MLN, the Netherlands is in second place in the list. 12,644 foreign companies were founded in 2019 with TRY 3.3 MLD in Istanbul. Prominent sectors for investors were the services, retail, textiles and IT sectors.

    Source: Istanbul Chamber of Commerce (ICOC). Would you like to hold discussions with the ICOC at sectoral level? Make use of the network of the Chamber of Commerce (see also min. 0:10 in video). Contact info@ccnt.nl