Arikovani (means ‘Beehive’ in Turkish) is a crowdfunding platform that helps entrepreneurs to obtain the funds they need to execute their technology- or innovation-oriented projects from the society.
What is Arikovani ?
| || |
What is ?
The concept known as "crowdfunding" is a way to. create financial resources for projects. It helps the project owners to obtain the financial resources they need to create the products they work on by receiving small to large support from the members of the society rather than financing the projects with an investment of a single person or a company.
What does crowfunding look like ?
It would be right to consider crowdfunding as a type of collective work, an important element of the Turkish culture, carried out via online platforms within the framework of certain rules and obligations. The purpose of both practices is to solve problems of the society through mutual help.
Purpose of Arikovani
The main objectives of Arikovani are to increase domestic technology production of Turkey and to raise the social awareness on supporting the production of technology. For this purpose, it helps technology projects that address a real need or solve a real problem to reach their target audience and obtain their funding at early stages. If the society gets involved and helps to shape the technology projects at earlier stages, enables it to play a role in breakthrough innovations.
Examples in the World
Crowdfunding is used widely, especially in the USA and Europe. For example, both, the Oculus Rift project, the pioneers of virtual reality trend, and the Pebble smart watch project, the pioneers of wearable technology trend, were realized through donations obtained via crowdfunding platforms.
Turkey’s first marketplace dedicated to entrepreneurs, Arıkovanı Store presents Turkish entrepreneurs’ latest products in the commercial stage. Arikovani Store offers consumers the opportunity to own the most innovative technologies at an advantageous price and early on by ordering.
What are the criterias of projects?
Projects that have a prototype and meet Arikovani criteria may submit their application by using the online form on Arikovani platform.
Projects with approved applications first go to "Crowd Thinking" phase. Here, the project meets with its target audience for the first time and gets the chance to evolve in line with the needs and demands of the community through receiving feedbacks from Arikovani’s community.
At the ‘Crowdfunding’ stage, the project meets with the public through Arikovani and can be supported by anyone, who wishes to do so. Project owners, whose project reaches or exceeds the targeted support amount after 60 days, are to deliver their determined rewards to their supporters on the date they promised.
In Case Of Failure
If a project fails to reach its target, the support amount will be returned to the supporters without any deduction. In case of such a failure scenario, the entrepreneur may rejoin Arikovani after completing the missing points of his/her project and making it more adequate to the needs of the target audience.
What Arikovani Is Not About ?
Things You Should Know
Arikovani, first priority to ensure the foundation of mutual trust in order to make sustainable the success of more projects.
For that reason, we all have issues.
I'm a Project Owner