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İTÜ Magnet

İTÜ Magnet is an entrepreneurship center located in ITU ARI Teknokent, Istanbul, focused on supporting late-stage technology-oriented startups. It provides collaborative workspaces, labs, and scaling services to foster innovation and development.

Founded
2017
Recorded stages
Pre Seed, Seed
Recorded regions
European Union

Online destinations

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Official links

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Overview

İTÜ Magnet is an advanced level entrepreneurship center established within the İTÜ ARI Teknokent, located in Istanbul, Turkey. It aims to support advanced entrepreneurs and startups in their growth processes by providing services and an environment conducive to innovation and development.

Focus

İTÜ Magnet focuses on technology-oriented startups that have developed products ready for market entry. It provides access to financial resources, human resources, and production opportunities, as well as fostering cooperation and visibility within the startup ecosystem.

Support

İTÜ Magnet offers access to coworking spaces, meeting rooms, labs, investor and corporate partner access, and production opportunities, all designed to foster innovation and growth for startups.

Questions

What are the eligibility criteria for applying to İTÜ Magnet?

İTÜ Magnet focuses on technology-oriented startups with market-ready products. Founders should have a strong technical background and a clear business vision.

What is the application process for İTÜ Magnet?

Interested startups must submit an application detailing their business model, product readiness, and team qualifications. Specific deadlines are announced prior to each cohort.

What are the deal terms for accepted startups?

Details regarding investment amounts and equity stakes are not publicly disclosed. However, the program provides access to financial resources and support.

What is the format of the program?

The program connects startups with potential customers, investors, and business partners, emphasizing collaboration and resource sharing. Specific details about the program's duration and structure are not provided.

How does İTÜ Magnet support its startups?

İTÜ Magnet offers access to financial resources, human resources, and production opportunities, fostering cooperation and visibility within the startup ecosystem.

What makes İTÜ Magnet different from other accelerators?

İTÜ Magnet is uniquely positioned within the İTÜ ARI Teknokent, providing a strong network of technology companies and resources in Istanbul, Turkey.

Check your startup’s fit

Check your startup’s fit with İTÜ Magnet

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