TECHNOLOGY AND INOVATION FUNDING PROGRAMS DIRECTORATE (TEYDEB)

Aiming to fasten the process of conversion of the technology to profit, Technology and Innovation Funding Programs Directorate (TEYDEB) was established to fund the technology development and innovation activities of the companies in Turkey. Thus, it is targeted to increase research-technology development capability, innovation culture, and competitiveness of Turkish companies. In line with these objectives, TEYDEB designs and executes various funding programs.

TEYDEB contributes to the process of transformation of technology in to the common good considering that it is the most important economic development source. In line with these targets, TEYDEB encourages research and development activities of private companies settled in Turkey.

TEYDEB’s vision is to support Turkish private companies to be more competitive around the world in the fields of research, technology management and innovation and become world wide known enterprise with exemplary applications.

TEYDEB’s mission is to boost the global competitiveness of Turkish private companies equipped with  research, technology development and innovation capabilities and play a leading role in the creation of entrepreneurship culture to improve prosperity of the country. TEYDEB has been using the following means to reach the mission:

Designs, develops and implements project based on Research, Technology and Development (RTD) funding instruments so as to share risks of companies resulted by RTD activities,
Facilitates the formation of co-operation between industry and academia to get them  actively involved in design of the technology transfer mechanisms,
Designs and implements evaluation and monitoring systems to determine socio-economic impact of its funding programs.
Organizational structure of TEYDEB is flexible to deal with new programs and activities.
There are currently five technology groups in TEYDEB:

Machinery and Manufacturing,
Electrical and Electronics,
Material, Metallurgical and Chemical,
Biotechnology, Agricultural, Environmental and Food,
Information Technologies
These technology groups were established not only to evaluate and monitor R&D projects in their domains but also to assist companies to mature their project ideas, give an impetus them make collaborations with academia.