Direct Cash Injection by BIC Angel Investments
As BIC Angels, we make angel investment to startups thanks to significant number of investors we have within our network.
Co-investment with Other Investors
For projects that are attractive but require high investment budgets we also do co-investment options with other angel networks or institutions such as family offices or venture capital firms. Also co-investment provides experience and network of other valuable investors.
Finding Second Round Investment
Our services accelerate growth of the company and help it to get ready for the next round financing. Using our network within Turkey and abroad, we support startups to finalize the early growth phase and search for capital.
Most of the BIC Angels are not only successful business people, but also qualified mentors including Mentors Network Turkey members. As BIC Angels we regularly meet the startups in our portfolio and discuss their status with founders. We monitor operational KPIs and financial reports and provide advisory services including business development, marketing strategies and financial issues.
Management Guidance & Consulting
In parallel to our mentoring activities, we also support our startups with relevant market research, road map development and performance management systems whenever needed. BIC guidance is empowered by the finance and business development team which includes people that have experience and good insight in entrepreneurial ecosystem.
Amazon Web Services provides startups with low cost, easy to use infrastructure needed to scale and grow any size business. AWS Activate is a program designed to provide startups with resources they need to get started on AWS. As a network and service partner of BIC Angels, Amazon Web Services provides below supports to selected startups from various sectors:
-$10.000 in AWS Promotional Credit valid for 2 years
-1 year of AWS Business Support (up to $5,000)
-Access to the AWS Technical and Business Essentials web-based (or instructor-led) training ($600 value per course)
-80 credits for Self-Paced Labs ($80 value)
-AWS Activate Toolbox with offers for Amazon Payments and Amazon Marketplace
iyzico is one of most successful startups in Turkey, provides e-commerce companies of various sizes with easy and secure payment system management platforms. Within our partnership, iyzico supports selected startups with below services:
-Zero commission on one transaction operations, with a total limit of 100,000 TL, for 3 months from iyzico
-Special discounts and perks for startups from local supporters of iyziStart
-Mentorship support from experts of iyzico team
-Special discounts and opportunities from Amazon Web Services and Salesforce which are the international supporters of iyziStart
-Attendance to “office hours” and “networking events” provided by iyzico
BIC Angels provides email marketing service options up to a certain amount via Mailcookie system depending on the requirement of startup thanks to our business partnership with mailcookie. Startups can also track and have reports on their mailing via this system.
Our partnership with Kolektif House provides both the entrepreneurs and investors the privileges of Kolektif House membership with unique discounts. In our common working spaces, BIC Angels offers its investors and entrepreneurs to work with BIC team closely. Co-working space service as an integral part of our BIC101 program is also available on request for all our startups registered to our acceleration program. Within this co-working space, the entrepreneurs will have the opportunity to have consultancy from BIC Angels Mentors and BIC Angels team on a day-to-day basis.
Accounting, Controlling, Reporting, Treasury Services
With the qualified BIC team and our reliable external partners, we ensure that the accounting of the startups is maintained within international standards. This provides monitoring performance of the company confidingly and preparing a reliable insight of the company for the second round investors.
Marketing & PR Supports
After defining target customer segments, BIC Angels team and our external business partners support startup projects on marketing strategy and road map with required marketing campaigns. These campaigns include online/offline PR, advertising, social media management, and viral campaigns.
As BIC Angels, we support startups with legal services provided by trusted and qualified business partners of ours.
We have an in-house HR department that helps startups to develop their HR organization, define roles and responsibilities of the employees and measuring their performances while expanding their own teams and hiring the right talents.