In his speech at the Social Impact Bond Launch Meeting held at Boğaziçi University, Minister of Industry and Technology Mehmet Fatih Kacır pointed out the importance of the “Istanbul Coding Project”.

When Minister Kacır stepped into the Boğaziçi campus 20 years ago, one of the most frequent statements he heard from his teachers was “We do not teach you knowledge directly, we teach you to learn.” reported that.

Pointing out that an important reason for this approach is that the knowledge, the approach needed in problem solving and the tools to be used are constantly changing, even under the conditions of that day, Kacır said that the increasing digitalization with the fourth industrial revolution proves the justification of this approach.

Noting that the ways of doing business are changing rapidly in the digitalized world, Kacır said:

“In the coming years, many of the existing professions will disappear and new professions will enter our lives. This change will bring opportunities along with handicaps. We see this transformation as an important window of opportunity for us to build the ‘Century of Turkey’ and achieve the goals of the national technology move. Together with the steps we have taken under the leadership of our President in 20 years, we have built a great ‘R&D and innovation ecosystem’ that makes our country competitive in the age of technology. We have started to reap the fruits of this. Our UAVs, SİHAs, domestic drones, which are the most concrete elements of our national technology move and our national car, Togg, are the tangible works of this infrastructure.In the coming period, while building the ‘Century of Turkey’, focusing on paradigm shifts, keeping the cooperation between the public, private sector and our universities strong, with a long-term and systematic approach, many Togg-like initiatives will be implemented. Achieving this goal is only possible if we mobilize our human capital.”


“The total value of the international projects carried out has reached 23 million euros”

Minister Kacır stated that Turkey has a great advantage as a country with a median age of 33, and said that when we look at the technology initiatives and vision projects that have made their mark both in the world and in Turkey, they all have the signature of young people.

Kacır stated that as the Ministry of Industry and Technology, they share the excitement and motivation of young people in the fields of science, technology and entrepreneurship with this awareness, and continued as follows:

“We are developing policies to equip them with the skills of the future and then employ them in jobs suitable for their skills. Within the scope of these policies, we are implementing a new program here with all our stakeholders. In 2022 and 2023, ‘Youth Employment’ as the focus area of ​​our development agencies, which are the pioneers of regional development. Within the scope of this theme, we carry out studies to increase youth employment, to ensure youth entrepreneurship, to equip young people with the skills required by the jobs of the future, to employ young people in jobs suitable for their skills, and to ensure their active participation in production processes.

We provided support of approximately 2.5 billion TL by our agencies within the scope of the ‘Youth Employment’ theme. The total value of the international projects carried out reached 23 million euros. With the projects we realized, we contributed to the employment of 9,234 young people in total. When our projects are completed, we will employ 71 thousand 209 young people. With the Social Development Support Program (SOGEP), we support the talent development of our youth and improve their entrepreneurship levels. Thus, we increase the employment opportunities of our youth.”

Emphasizing that they provided 1.3 billion TL support to 318 projects for youth employment within the scope of SOGEP alone, in the 2019-2022 period, and that they implemented the “Working and Producing Youth Program” in 2021, especially for provinces where youth unemployment is high and women’s employment is low. stated that they provided 1.3 billion TL support to 110 projects within the scope of the program.

Kacır said, “When the program is completed, we will be able to offer employment opportunities to 55 thousand young people. While developing projects, we attach particular importance to youth employment in the software sector.” he said.


“We bring our youth together with Deneyap Turkey”

Mehmet Fatih Kacır stated that they support young people with various instruments in order to increase their software competencies, and noted that the software forms the basis of all technologies that will enable digital transformation, especially in areas such as 5G, artificial intelligence, mobility, industrial robots, financial technologies.

“It is possible to catch up with the digital age, realize technology-oriented development, take our place among the world’s leading countries in the field of software, and create the competent human resources that our software industry will need.” Kacır said that with the support of development agencies, they established Ecole 42 schools in Istanbul and Kocaeli, which provide self-learning, new generation software education.

Minister Kacır gave information about the studies and projects implemented for the youth and made the following assessment:

“While developing exportable open source software products with the Turkish Open Source Platform, we implement projects that will increase the number of qualified software developers. We have been running the ‘Game and Application Academy’ program since 2021 together with the Presidency Digital Transformation Office and our stakeholders. We develop the digital skills of our 2,000 young people, who are university students or graduates between the ages of 18 and 20. In our science centers established with the support of TÜBİTAK, we provide robotic coding and programming trainings in order to increase the digital competencies of our youth. Of course, our contribution to the technology journey of our youth with the software world is not limited to these. We are bringing our youth together with ‘Deneyap Turkey’ as part of the technology move.

With TEKNOFEST, the world’s largest Aviation, Space and Technology Festival, which we organize with great enthusiasm every year, the most talented young people and software developers of our country find the opportunity to realize their dreams. With TEKNOFEST, we not only offer workshops, seminars and training opportunities for our software-loving youth, but also bring together young software developers and entrepreneurs with representatives of our business world. The innovative companies of our country that invest the most in technology are now coming to TEKNOFEST to make job offers to these young software developers and entrepreneurs. Here is the level of our R&D and innovation ecosystem. Here is the stage that the TEKNOFEST generation has reached.”

In this context, Minister Kacır called on everyone to participate in TEKNOFEST, which will be held on 30 August-3 September in Ankara and 27 September-1 October in İzmir.


“We will make impact investment one of the mainstream investment choices in Turkey”

Kacır stated that there is a need for investors and entrepreneurs who aim to create a positive impact in today’s world where digital transformation is quite rapid, and stated that at this point, impact investing is a result-oriented financing model that creates social added value while generating financial returns.

Noting that with this rapidly developing investment model, global impact investment companies are expected to reach the level of 2.3 trillion dollars, Kacır continued his words as follows:

“We will make impact investment one of the mainstream investment choices in Turkey. Today, we are together to promote an important project in this field. The ‘Youth Employment Social Impact Bond Application: Istanbul Coding Project’, which we launched today as a first in Turkey, is a project for our youth. This project will offer an innovative approach with a performance-based payment method.With the social impact bond investment tool, the impact investor will provide pre-financing to our project.

If they achieve the goals we have set, they will be paid by ISTKA. The target group within the scope of the project is our youth in the age group of 18-35 who have been unemployed in the last 1 year. With this project with a budget of 1 million 250 thousand dollars, we aim to employ 550 young people in the information and communication technologies sector. The first social impact bond application, which we started as a pilot application in Istanbul, will set an example for the works we will carry out in the future. In this direction, we plan to expand impact investing practices in different regions and in different sectors, depending on the level of success we have achieved.”

In his speech, Kacır celebrated the 160th anniversary of Boğaziçi University, which hosted the promotion of the project, and said, “I believe that Boğaziçi University, one of Turkey’s leading and deep-rooted science and education institutions, will continue to contribute and sign our country’s breakthroughs in every field from now on. We are very pleased that many valuable scientists who share this vision have come to Boğaziçi University with a reverse brain drain and will continue their research here. I am giving good news here, we believe that it will be a bridge between Turkish industry and the world of science and technology.” used the phrases.

Stating that the university is a university that has written its name in the history of Turkey with the values ​​it has cultivated, Kacır said, “I hope it will put its signature on the national technology move in the Turkish Century.” said.

After his speech, Minister Kacır had a family photo taken with the project stakeholders.

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