ITU ARI Teknokent, the technology development zone of Istanbul Technical University, have designed ITU MAGNET as a scale-up incubator for high-potential start-ups.
ITU MAGNET have been designed as an Advanced-Level Entrepreneurship Center that focuses on scaling up high potential start-ups, based on ITU ARI Teknokent's accumulated experience.
ITU MAGNET aims to provide growth-enabling services and a pleasant office space to start-ups, who were already launched their products to their respective markets. We also bring investors and professionals together at ITU MAGNET to help start-ups and entrepreneurs to grow.
Our goal is to render ITU MAGNET as “the attraction center of entrepreneurship ecosystem” by bringing all players of the start-up ecosystem together. We believe this will enable higher-level collaboration between the players and triggers great synergies at our local start-up community, disseminating new technologies and innovations from Turkey to the world.
ITU MAGNET has been located at one of the top Technology Development Zones of Turkey, offering more than a physical co-working space. With tax breaks and institutional support mechanisms from the State, its superior location close to the center of Istanbul’s business life and many other technology companies at the technopark, ITU MAGNET offers an unparalleled advantage for start-ups at ITU's main campus, one of the most prestigious technical universities of the world with more than 273 years of history, providing easier access to top engineering talent, research labs and R&D.