{"id":23890,"date":"2022-07-21T12:00:35","date_gmt":"2022-07-21T12:00:35","guid":{"rendered":"https:\/\/www.trangels.com\/en\/?p=23890"},"modified":"2022-08-20T06:50:20","modified_gmt":"2022-08-20T06:50:20","slug":"from-the-investors-perspective-climate-crisis-opportunities-for-entrepreneurs","status":"publish","type":"post","link":"https:\/\/www.trangels.com\/en\/from-the-investors-perspective-climate-crisis-opportunities-for-entrepreneurs\/","title":{"rendered":"From the Investor&#8217;s Perspective, Climate Crisis Opportunities for Entrepreneurs"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"23890\" class=\"elementor elementor-23890\">\n\t\t\t\t<\/p><p>We attended the third online meetup of the HSBC Sustainable Growth Program, organized by global startup accelerator Hackquarters. During the event, the Investment Perspectives in ClimateTech &amp; Social Entrepreneurship were discussed to raise awareness for Climate Action and Technology.<\/p><p>Moderated by\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/umayyilmaz\/\">Umay Y\u0131lmaz<\/a>, Secretary General at Corrugated Packaging Association, Nam\u0131k Kural, one of our founding partners, along with <a href=\"https:\/\/www.linkedin.com\/in\/ilkaydemirdag\/\">\u0130lkay Demirda\u011f<\/a>, Head of Investor Relations at\u00a0<a href=\"https:\/\/www.enerjisa.com.tr\/\">Enerjisa<\/a>,\u00a0and <a href=\"https:\/\/www.linkedin.com\/in\/canatacik\/\">Can Atac\u0131k<\/a>, Founder at\u00a0<a href=\"http:\/\/www.alethina.com\/\">Alethina International Investments<\/a>, shared their opinions on evaluating startups from the investors\u2019 perspective.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cbbaf55 animation_type_block sc_fly_static elementor-widget elementor-widget-spacer\" data-id=\"cbbaf55\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ec73fd5 animation_type_block sc_fly_static elementor-widget elementor-widget-video\" data-id=\"ec73fd5\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/www.youtube.com\\\/watch?v=vKHJVtFPVmI&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8efbb79 animation_type_block sc_fly_static elementor-widget elementor-widget-spacer\" data-id=\"8efbb79\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-76434bb animation_type_block sc_fly_static elementor-widget elementor-widget-text-editor\" data-id=\"76434bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><\/p><p class=\"wp-block-paragraph\">The meetup began with a speech by Hackquarters Founder and CEO Kaan Akn on the program&#8217;s details, Climate Action, and social entrepreneurship statistics. Since 2020, 350 startups have applied for the Program, with 31 being chosen for the three batches. Ak\u0131n stated that there is a lot of investment in the climate and energy sectors, and that a large portion of that investment is reserved for social enterprises.<\/p><p>The first panelist was \u0130lkay Demirda\u011f, Enerjisa Energy Investment and Impact Strategist. She started her speech by saying that the World Economic Forum identifies 10-year risks every year and the topics in 2022 were social and environmental oriented. According to Demirda\u011f, the global temperature rise has been faster than expected, and the pandemic has brought the social dimension into play. While these issues are not a priority for businesses, ESGs are now in the investment agenda. Pointing out that regulatory changes have begun in specific countries, Demirda\u011f stated that the budget allocated for the 2030 Development Goals is 5-7 trillion dollars and there will be a lot of opportunities rising for entrepreneurs. Demirda\u011f added that as the capabilities to manage unpredictable risks have been developed, access to finance will become easier, resulting in the creation of new markets and revenue growth.<\/p><p>The second speaker of the panel, Alethina Impact Founder, Can Atac\u0131k, pointed out that impact is both a necessity and an opportunity. Atac\u0131k stated that as investors, they ask entrepreneurs &#8220;what they are solving&#8221; and that Y Combinator in the USA has compiled this question in 6 criteria:<\/p><ol><li>Is the problem popular?<\/li><li>Is the problem recurring?<\/li><li>Is the problem growing bigger?<\/li><li>Is the problem urgent?<\/li><li>Is the solution expensive?<\/li><li>Is the problem a necessity?<\/li><\/ol><p>Stating that all enterprises should consider these 6 criteria from a climate point of view, he also discussed flexible investment models based on the effect they are attempting to create. He went on to say that while venture capital firms aim to have UNICORNs, it is unrealistic to expect the same from impact investing.<\/p><h4>The difference between an angel investor and a VC is the emotional bond it establishes with the startup<\/h4><p>Nam\u0131k Kural, one of our founding partners, stated that until 3-4 years ago, there were &#8220;romantic&#8221; projects that were not realistic and attempted to solve problems that didn\u2019t exist. Kural said: \u201cI&#8217;m from an engineer background, but this is an emotional field. Angel investors also need to establish an emotional bond in this regard. VCs have no such priority. I want to look into the eyes of the entrepreneur and would like to see their passion\u201d.<\/p><p><\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cI&#8217;m from an engineer background, but this is an emotional field. Angel investors also need to establish an emotional bond in this regard. VCs have no such priority. I want to look into the eyes of the entrepreneur and would like to see their passion.\u201d<\/p><p><cite>Nam\u0131k Kural, Chairman of the Investment Committee<\/cite><\/p><\/blockquote><p><\/p><p>The meetup concluded with Nanomik Co-Founder Buse Berber \u00d6r\u00e7en and Biolive Co-Founder Duygu Y\u0131lmaz discussing the amount of investment they received as Sustainable Growth Program 2022 participants and their efforts. They also talked about the characteristics that distinguish the social entrepreneur from the regular entrepreneur in terms of investment.<\/p><p>The program, which began its third term this year, focuses specifically on accelerating climate-related social entrepreneurs.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2b0aa895 elementor-section-boxed elementor-section-height-default elementor-section-height-default sc_fly_static\" data-id=\"2b0aa895\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4fdf9440 sc_inner_width_none sc_content_align_inherit sc_layouts_column_icons_position_left sc_fly_static\" data-id=\"4fdf9440\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1e7d1f6 animation_type_block sc_fly_static elementor-widget elementor-widget-text-editor\" data-id=\"1e7d1f6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><\/p><p class=\"wp-block-paragraph\">We attended the third online meetup of the HSBC Sustainable Growth Program, organized by global startup accelerator Hackquarters. During the event, the Investment Perspectives in ClimateTech &amp; Social Entrepreneurship were discussed to raise awareness for Climate Action and Technology.<\/p><p>Moderated by\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/umayyilmaz\/\">Umay Y\u0131lmaz<\/a>, Secretary General at Corrugated Packaging Association, Nam\u0131k Kural, one of our founding partners, along with <a href=\"https:\/\/www.linkedin.com\/in\/ilkaydemirdag\/\">\u0130lkay Demirda\u011f<\/a>, Head of Investor Relations at\u00a0<a href=\"https:\/\/www.enerjisa.com.tr\/\">Enerjisa<\/a>,\u00a0and <a href=\"https:\/\/www.linkedin.com\/in\/canatacik\/\">Can Atac\u0131k<\/a>, Founder at\u00a0<a href=\"http:\/\/www.alethina.com\/\">Alethina International Investments<\/a>, shared their opinions on evaluating startups from the investors\u2019 perspective.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cbbaf55 animation_type_block sc_fly_static elementor-widget elementor-widget-spacer\" data-id=\"cbbaf55\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ec73fd5 animation_type_block sc_fly_static elementor-widget elementor-widget-video\" data-id=\"ec73fd5\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/www.youtube.com\\\/watch?v=vKHJVtFPVmI&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8efbb79 animation_type_block sc_fly_static elementor-widget elementor-widget-spacer\" data-id=\"8efbb79\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-76434bb animation_type_block sc_fly_static elementor-widget elementor-widget-text-editor\" data-id=\"76434bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p><p>The meetup began with a speech by Hackquarters Founder and CEO Kaan Akn on the program&#8217;s details, Climate Action, and social entrepreneurship statistics. Since 2020, 350 startups have applied for the Program, with 31 being chosen for the three batches. Ak\u0131n stated that there is a lot of investment in the climate and energy sectors, and that a large portion of that investment is reserved for social enterprises.<\/p><p>The first panelist was \u0130lkay Demirda\u011f, Enerjisa Energy Investment and Impact Strategist. She started her speech by saying that the World Economic Forum identifies 10-year risks every year and the topics in 2022 were social and environmental oriented. According to Demirda\u011f, the global temperature rise has been faster than expected, and the pandemic has brought the social dimension into play. While these issues are not a priority for businesses, ESGs are now in the investment agenda. Pointing out that regulatory changes have begun in specific countries, Demirda\u011f stated that the budget allocated for the 2030 Development Goals is 5-7 trillion dollars and there will be a lot of opportunities rising for entrepreneurs. Demirda\u011f added that as the capabilities to manage unpredictable risks have been developed, access to finance will become easier, resulting in the creation of new markets and revenue growth.<\/p><p>The second speaker of the panel, Alethina Impact Founder, Can Atac\u0131k, pointed out that impact is both a necessity and an opportunity. Atac\u0131k stated that as investors, they ask entrepreneurs &#8220;what they are solving&#8221; and that Y Combinator in the USA has compiled this question in 6 criteria:<\/p><ol><li>Is the problem popular?<\/li><li>Is the problem recurring?<\/li><li>Is the problem growing bigger?<\/li><li>Is the problem urgent?<\/li><li>Is the solution expensive?<\/li><li>Is the problem a necessity?<\/li><\/ol><p>Stating that all enterprises should consider these 6 criteria from a climate point of view, he also discussed flexible investment models based on the effect they are attempting to create. He went on to say that while venture capital firms aim to have UNICORNs, it is unrealistic to expect the same from impact investing.<\/p><h4>The difference between an angel investor and a VC is the emotional bond it establishes with the startup<\/h4><p>Nam\u0131k Kural, one of our founding partners, stated that until 3-4 years ago, there were &#8220;romantic&#8221; projects that were not realistic and attempted to solve problems that didn\u2019t exist. Kural said: \u201cI&#8217;m from an engineer background, but this is an emotional field. Angel investors also need to establish an emotional bond in this regard. VCs have no such priority. I want to look into the eyes of the entrepreneur and would like to see their passion\u201d.<\/p><p><!-- wp:quote --><\/p><blockquote class=\"wp-block-quote\"><p>\u201cI&#8217;m from an engineer background, but this is an emotional field. Angel investors also need to establish an emotional bond in this regard. VCs have no such priority. I want to look into the eyes of the entrepreneur and would like to see their passion.\u201d<\/p><p><cite>Nam\u0131k Kural, Chairman of the Investment Committee<\/cite><\/p><\/blockquote><p><!-- \/wp:quote --><\/p><p>The meetup concluded with Nanomik Co-Founder Buse Berber \u00d6r\u00e7en and Biolive Co-Founder Duygu Y\u0131lmaz discussing the amount of investment they received as Sustainable Growth Program 2022 participants and their efforts. They also talked about the characteristics that distinguish the social entrepreneur from the regular entrepreneur in terms of investment.<\/p><p>The program, which began its third term this year, focuses specifically on accelerating climate-related social entrepreneurs.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>We attended the third online meetup of the HSBC Sustainable Growth Program, organized by global startup accelerator Hackquarters. During the event, the Investment Perspectives in ClimateTech &amp; Social Entrepreneurship were&hellip;<\/p>\n","protected":false},"author":1,"featured_media":23892,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[201],"class_list":["post-23890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-hackquarters"],"_links":{"self":[{"href":"https:\/\/www.trangels.com\/en\/wp-json\/wp\/v2\/posts\/23890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.trangels.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.trangels.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.trangels.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.trangels.com\/en\/wp-json\/wp\/v2\/comments?post=23890"}],"version-history":[{"count":5,"href":"https:\/\/www.trangels.com\/en\/wp-json\/wp\/v2\/posts\/23890\/revisions"}],"predecessor-version":[{"id":23897,"href":"https:\/\/www.trangels.com\/en\/wp-json\/wp\/v2\/posts\/23890\/revisions\/23897"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.trangels.com\/en\/wp-json\/wp\/v2\/media\/23892"}],"wp:attachment":[{"href":"https:\/\/www.trangels.com\/en\/wp-json\/wp\/v2\/media?parent=23890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.trangels.com\/en\/wp-json\/wp\/v2\/categories?post=23890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.trangels.com\/en\/wp-json\/wp\/v2\/tags?post=23890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}