Kazakh Mazhilis approves draft law on measures to support innovative activity

Kazakh Mazhilis approves draft law on measures to support innovative activity

In Kazakhstan, the Astana Hub international IT startup technopark will be merged with the Park of Innovative Technologies. This is outlined in the draft law on improving government support systems for the innovation sector. This decision will enhance the effectiveness of the digital ecosystem and allow for the scaling of Astana Hub’s experience. The members of the Mazhilis, the Lower House of the Kazakh Parliament, approved the document in the first reading. It also provides for the creation of a unified innovation cluster, as well as ensuring a competitive selection process and assessing effectiveness when co-financing venture funds. A separate block of amendments focuses on the development of the platform - the single window of the national innovation system.

«It aims to centralize access to all forms of government support and unite science, business, innovators, and the state on a single digital platform. A separate scientific portal has been developed, featuring a database of scientists, publications, accreditations, research institute profiles, awards, and grants. Thus, the single window covers the entire lifecycle of an innovation project,» noted Kazakh Minister of Digital Development, Innovations and Aerospace Industry Zhaslan Madiyev.

Exports of IT services by Astana Hub companies amount to $480 million

The demand for domestic IT products is growing every year, with the export of IT services from 500 resident companies of Astana Hub reaching $480 million annually. Among the successful domestic startups is a generative artificial intelligence model that creates videos based on text prompts, which has attracted $16 million in capital investments. This startup is a direct competitor to products from Open AI and Google. Additionally, the EdTech startup CodiPlay, which covers 600 schools worldwide, has been recognized by the UN for its achievements. Another innovative company, Citix, utilizes blockchain technologies and has successfully entered the markets of Türkiye and the Middle East.