NOVICOR Consultancy for Technology

8/25/2014

8/25/2014

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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Project Distribution

Informa onandCommunica onTechnologies

68%

BiotechandHealth12%

Automo ve8%

Tex les5%

Other7%

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Key References

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Our Academic References

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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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Funding Options

European Funding

BinationalProgrammes

National Funding

• Big budgets

• Multiple partners

• Funding rates up to 120%

• 2007-2013 budget: € 54 B

• Minimum of one partner

• 60 % - 75 % funding rate

• Efficient process

• Tax subsidies

• 50 % – 75 % funding rate

• Over € 500 M annually

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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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