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Novicor Introduction
We assist our clients in
Accessing public and private funding
Building international project partnerships
Developing strategies and roadmaps to
gain access to new technologies
trigger innovation
maximize funding and grant opportunities
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About Us
Established in 2006
Academic & International Network
Acquired by Sistem Group in early 2011
SISTEM GROUP
CPA, Legal, Financial Consulting and Financial
Operations outsourcing services
Offices in Ankara and Istanbul
Over 80 employees
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Novicor Approach
Technology
Consulting
• R&D goals
• Evaluation of
key strengths
International
Cooperation
•New markets
•New technologies
High Success
Rate
• National %96
• Binational %100
• European %68
Winning
Strategies
• Roadmapping
• Funds
• Technologies
• New products
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E x c e l l e n c e
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Our Service
Innovation
Uncertainty
Developing funding strategies
Selection of the correct funding mechanism
Ideal approach based on the fund programme
Balancing client and programme needs
Innovation - Uncertainty
Client expectations
Maximizing the project budget
Maximizing funding rate
Building networks
Academic
International
Building lasting cooperation partnerships
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Ethical Guidelines
Never take on projects that have a low chance of
being funded
Never craft a project application that is unrealistic
and beyond the skillset of our client
Never include side costs that are not in line with the
rules of the programme
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Social Responsibility
100 % subsidization of our consulting fees for R&D
intensive startups at their founding stage.
Lobbying the government to improve the R&D
support system for SMEs
Free trainings at universities and SME platforms on
R&D support mechanisms
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Sample Budget
Project Budget: 800.000 TL
Assumption: %30 of total costs is personnel costs
Law 5746 tax reduction #1
Social Security and Personal Income Tax: ~ 45.000 TL
Remaining Budget: 755.000 TL
TÜBİTAK – TEYDEB grants
SME: 566.250 TL
Large Enterprise: 377.500 TL – 453.000 TL
Law 5746 tax reduction #2
Corporate Income Tax Reduction: ~ 37.750 – 75.500 TL
Overall Funding
SME: 762.250 TL (% 95 of total)
Large Enterprise: 573.500 TL - 649.000 TL (%71 - %81 of total)
Optionally a 4 year 0 interest USD loan can be requested
from TTGV for the same project.
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TÜBİTAK
R&D Programmes
All Payments are Grants
%40 – %75 Funding Rate
No maximum project budget
Projects up to 36 months
Open to all companies in Turkey (even those with
100% foreign ownership)
Detailed review/audit of R&D content
Reimbursement of costs following audit of receipts
and activities in 6 months intervals
No limit to the number of projects a single company
can submit
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TÜBİTAK – European Union
EUREKA – Eurostars Programme
All payments are grants
75% funding rate for SME’s
60% funding rate for Large Enterprise
No maximum project budget
No maximum project duration
Open to all Ltd and AŞ status companies
Accelerated project review process
International project partner required
Project partners must be independent
Local & International Application
Fast access to international markets
Detailed review of R&D content
Post reimbursement of costs in 6 months intervals
No limit to the number of projects
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