Kuveyt Türk Katılım Bankası runs Lonca from Istanbul as an annual, in-person programme: its 12th term selects teams in June 2026, then runs from 1 September 2026 to 17 April 2027, about 32 weeks, ending in a Demoday. Accepted startups can draw up to 400,000 TL in cash grants, paid in stages against progress, participation and commitments, and the FAQ says no fee, equity or option is asked in return. Generalist, with fintech among its sectors.
Investment
TRY 400,000 (Below Europe & C. Asia median $54.5k · Below global median $61.3k)
Equity taken
0% (Like 88% of Europe & C. Asia · Like 79% globally)
Duration
32 weeks (Longer than Europe & C. Asia median 26 wks · Longer than global median 20 wks)