The AlchemistX and Silicon Valley Residency Programs provided participants with support in securing their first contracts, attracting investments, housing in the U.S., coaching, and mentorship from leading experts, as well as access to the Silkroad Innovation Hub community.

"The AlchemistX & Silicon Valley Residency Program has clearly shown that startups from Central Eurasia not only have great potential but also tangible results on the way to global success. For instance, Astana Hub resident – the Kazakh startup Parqour, which developed smart parking technology to reduce operational costs and manual labor, secured long-term contracts and is now successfully operating in 25 countries. Several other startups also managed to attract significant investments. The deals signed and the investments secured are just the beginning of a journey that opens new opportunities for innovation and international partnerships," said Minister Zhaslan Madiyev.

It is worth noting that Parqour, before participating in the program, had already been operating in several U.S. cities, including Chicago, Houston, and Los Angeles. According to the startup's CEO, participation in the program helped accelerate their development in these cities and form a dedicated business development and operations team in the U.S.

"Participation in AlchemistX & Silicon Valley Residency allowed us to focus on sales in Silicon Valley. As a result, we have secured contracts with two major parking operators in San Francisco—Nexus Parking (35 locations) and United SF Parking (50 locations). We have signed long-term contracts lasting 10-12 years, and we are currently gradually automating their parking lots with Parqour technology," shared Amirhan Omarov, founder and CEO of Parqour.

Eight startups, including JobEscape, LoadConnect, Parqour, PointAI, Flowsell.me, Call2action, Oli, and MyStory, closed commercial deals totaling $379,000. Startups Most Finance, JobEscape, and Speechsense.ai raised $1.4 million in investments.

This unique five-month initiative provided startups from Central Eurasia with the opportunity to enter the U.S. market and lay the foundation for sustainable growth. The AlchemistX & Silicon Valley Residency Programs were implemented by Astana Hub and Silkroad Innovation Hub with the support of the Ministry of Digital Development, Innovations, and Aerospace Industry of Kazakhstan, the World Bank, and the FPIP project.

The acceleration programs included two key tracks for B2B startups. The incubation phase laid the groundwork for market entry, focusing on core entrepreneurial skills and U.S.-specific business aspects through a 4-week online pre-acceleration program. Of the 81 invited startups, 41 participated, and 34 received certificates. Following this, startups went through the residency phase, where they gained hands-on experience and access to a leading technology ecosystem.

• AlchemistX Program Participants: Relog.ai, JobEscape, LoadConnect, Parqour, Cybernet.ai, Speechsense.ai, Biometric.vision, Axellero, PointAI, Flowsell.me.
• Silicon Valley Residency Program Participants: Enviro, AVTO-TIME (Now ExploreTest), Doro AI, Call2action, SmartGas, Intellecsys, CarePay, Oli (Big Data Operating LLP), Steppe Films, Most Finance (Promoted to AlchemistX program), MyStory, and EZFactor.

The AlchemistX & Silicon Valley Residency Program was a pivotal step for startups from Central Eurasia looking to go global and enter the U.S. market, offering a unique combination of theoretical training, practical experience, and access to leading industry professionals.