Sabanci University

Sabanci University is ranked the top private entrepreneurial university in Turkey according to Turkish Ministry of Industry and Trade.  The university hosts the SUCOOL Preincubation Center that supports early stage entrepreneurs and also supports Founder Institute by shared resources, network and providing space.

 

Fora & Şanlı Law Office

Since 2008, Fora & Şanlı Law Office is dedicated to provide legal advice and services which look beyond the legal issues and take the business aspects for each transaction for the success of its clients for their investments and business in Turkey and MENA region. Fora & Şanlı is very well connected with the world and other jurisdictions to facilitate its clients international business.

 

Microsoft Turkey

Microsoft is a strategic partner for promising startups around the world focused on business growth & development, industrial strength technology and beautiful usable products. Build locally, scale globally. We help smart companies take flight.

Why Australian Startups Need to Stop Moving to Silicon Valley, according to Adeo Ressi

Posted by Jonathan Greechan on 2014-02-03

For the past couple of decades, technology startups have been largely associated with Silicon Valley. However, with FI chapters in over 85 locations around the world, it’s evident that entrepreneurs can successfully launch technology startups practically anywhere on Earth.

One notable ecosystem can be found in Australia, where entrepreneurship has been flourishing in recent years. In response to this massive growth, Founder Institute CEO, Adeo Ressi, has a message for Aussie Entrepreneurs: in lieu of packing up and moving to The Valley, appreciate what you have at home.

Why?

According to Adeo; 

First, you have a largely wired and untapped market back home, with generally favourable regulation, a rapidly expanding technology sector and big opportunities in the growing domestic healthcare, transportation, education and government markets.

Secondly, you have an extremely beneficial geographic advantage, having time zone alignment with, and being a short flight from, the world’s largest population (along with several of the world’s fastest-growing internet populations). Small markets can kill good companies and good, large markets can pull mediocre companies into greatness. Being so close to such a massive market is an absolutely huge competitive advantage.

Third, you would be hard pressed to find a faster-growing start-up ecosystem than Australia’s, and this is very important. A lot of people dismiss the notion of an ecosystem, portraying it as a “fluffy” word that doesn’t contribute to actual economic value. But one of the main reasons why Silicon Valley is a hotbed for innovation is the collaborative ecosystem and culture that exists here" - Adeo Ressi


Read the Adeo's full article on Business Review Weekly: Why Aussie start-ups shouldn’t move to Silicon Valley.

If you are looking to launch a company in Australia, then apply to the Founder Institute today. Applications are currently open in SydneyPerth, and Melbourne

 

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