Türkiye targets $100B in 'Turcorn' value and 100,000 startups by 2030

Industry and Technology Minister Mehmet Fatih Kacır said on Friday that Türkiye aims to see 100,000 startups founded by 2030 and to raise the combined valuation of its "Turcorns," the country's billion-dollar startups, to $100 billion. He spoke at the GO! GLOBAL Türkiye Summit 2026, which focused on the country's technology entrepreneurship ecosystem.

Kacır said R&D spending has risen over the past 20 years from $1.2 billion to about $20 billion a year, while its share of national income grew from 0.5% to 1.46%. More than 13,000 technology companies operate in the country's 115 technology parks, he said. He cited Togg, the national electric carmaker, with more than 120,000 vehicles on the road.

The Türkiye AI Action Plan has 16 priority actions, and the government aims to train 10,000 advanced AI specialists and 100,000 AI application professionals within two years. For data centers, the goal is at least 1 gigawatt of installed capacity by 2030, which would require at least $10 billion in investment.