Twelve Kazakh startup developers have
embarked on a training program in Silicon Valley, the United States. They have
started the acceleration program initiated in May as part of cooperation
between Astana Hub and Draper University. At that time, a total of 15 startups,
not only from Kazakhstan but also from Turkey, Kyrgyzstan, and Mongolia, were selected
to go to the U.S. This time, the participants again underwent careful selection
process. Only one-tenth of the 120 applicants managed to beat numerous
opponents and get ahead. The training program consists of three stages, with 80
startups completing the second stage online. Some of them got the chance to go
to the world innovation center for a five-week program. Now, Kazakh startups
will receive advanced knowledge and experience from the best mentors and
attract investments to expand their projects globally.
“This program has been fully
implemented with the support of the Kazakh Ministry of Digital Development,
Innovation and Aerospace Industry, within the cooperation established with the
World Bank to foster innovative advancements in Kazakhstan. This partnership
has provided the opportunity to send domestic startup founders to excel on an
international stage. The projects are diverse, ranging from HR-tek to Fin-Tek. These
projects are substantial, functioning as robust IT companies that have
successfully garnered funding and generated profitable revenue. There are also
projects in earlier stages of development,” said Shyngys Orazbek, senior
manager of the International Relations, Investments and Export Office at the
Astana Hub.
