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Title: TEVCA launches as the first of its kind Voice of Private Capital and Startups in the Turkic & Eurasian region

Azerbaijan, 23rd Nov 2024 - In September 2024, an important and exciting new development in the region’s innovation ecosystem took place with the official launch event of the Turkic & Eurasian Venture Capital & Private Equity Association (TEVCA). This was followed by another meeting on Thursday 10th October 2024 during the “InMerge Innovation Summit” in Baku. TEVCA seeks to be the “Voice of Private Capital and Startups” in the region, serving the entrepreneurial and investment community. Co-founding members from across the region include SABAH.fund and Caucasus Ventures (representing Azerbaijan), 500 Global In Eurasia (representing Georgia), MOST Ventures and White Hill Capital (representing Kazakhstan), Accelerate Prosperity and AdVentures (representing Kyrgyzstan), Exponential Zaisan Partners and KITE Mongolia (representing Mongolia), 212 and The New Rising (representing Turkiye), Sturgeon Capital (pan-regional but HQ-ed in the UK), AloqaVentures and UzVc (representing Uzbekistan), as well as IT Parks from across the region. TEVCA is designed to act as a forum for knowledge exchange, networking, policy advocacy, and sustainable best practices across ecosystems that make up the strategic ‘Silk Road’ between East and West. The core pillars that TEVCA focuses on are community networking, ideas, deal flow exchange, policy recommendations and advocacy, and education, training, and enhancement.  The main goal for TEVCA is to be a strategic umbrella supporting venture capital and private equity by identifying challenges, developing solutions to improve the innovation landscape, raising awareness, and making the region one of the world's most competitive and attractive investment and business-building destinations. As a platform for the regular exchange of e...

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