Creators of 50 startups from
Central Asia, including 27 from Kazakhstan, received the opportunity to study
and reside in Silicon Valley. According to the Kazakh Ministry of Digital
Development, Innovation and Aerospace Industry, the top ten Central Asian
startups were selected for the AlchemistX Accelerator program. This division
has been supporting successful founders and entrepreneurs globally for over a
decade. Thus, startups from the region will be able to undergo training in
Silicon Valley which will commence on August 12 and last 10 weeks until the end
of October. The remaining 40 entrepreneurs will participate in the Silicon
Valley Residency Program, Hero Training, and Stanford Healthcare Innovation Lab
programs, which will begin later. Notably, all these programs aim to develop
B2B startups from Central Asia.
«The program is funded by the
World Bank and is free of charge for startups. Under this initiative, startups
will receive free support for business development and training from experts in
the US market,» said Rysty Issagulova, business program manager at Astana Hub.
«A distinctive feature of this
year’s program with Alchemist Accelerator is its increased intensity and
specific focus on B2B startups. One of the highly successful cases from the
previous year was Citix, a company that secured around $1 million from
well-known investor Tim Draper, who also allocates funds to companies such as
Tesla and SpaceX,» she added.
Web-editor: Aizhan new
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