Factory is a community and incubation program Teyit runs in a content partnership with Impact Hub Istanbul to support teams that develop solutions to the problems in the information and media ecosystem.
The program was developed in 2019 to find various solutions to the misinformation problem and has become an incubation and community program in 2020. It now serves as a support mechanism to those who create innovative models for problems in the information and media ecosystem in Turkey.
Factory corresponds to Teyit's goals of establishing mechanisms that facilitate finding shared values and creating ecosystem awareness among actors in the information ecosystem.
Reasons such as the lack of sustainable revenue models in the information and media ecosystem, the inability of innovative models and solution-makers to access support mechanisms, the ever-increasing lack of trust in the mainstream media, and information irregularity necessitate a system-level change.
Factory takes on being an intermediary that aims to create a living space for social-benefit-oriented actors who will solve these problems in the information and media ecosystem.
For teams aiming to develop solutions to established problems in the information and media ecosystem and are at the idea stage, each year, the incubation program provides six months of strategic planning and consulting, business development, communication network, and workspace during which these teams can mature their business plans. In addition, incubation teams come together with other teams that develop solutions to the problems in the information and media ecosystem, and they become part of a community where they mutually benefit and form collaborations.
Through the community program, we aim to create a community in which teams that produce solutions for problems in the information ecosystem play an active role, facilitate cooperation between solution alternatives, and create an ecosystem based on shared values by bringing together those who serve the same purpose.
Through incubation and community program, Factory aims to reach next-generation digital publishers; social initiatives that develop tools or methods for the generation, amplification, and accessibility of accurate information; and information activists and media initiatives working towards accurate information being transparent and evenly accessible.
You can learn more about the Factory program at factoryprogram.org/en.