The agreement reflects the parties’ intention to build a long-term strategic partnership in investment, innovation and entrepreneurship, with a particular focus on supporting startups and fast-growing technology companies, including scale-ups. The document also highlights the growing role of cross-border cooperation between Turkic countries in building sustainable innovation ecosystems and advancing technology initiatives internationally.
One of the key areas of cooperation will be the development of a high-quality startup deal flow and the creation of opportunities for joint investments. The parties also plan to exchange expertise and launch joint acceleration and incubation programs targeting both early-stage startups and companies at the scaling stage. These programs are expected to provide mentoring support, access to financing and assistance in entering new markets.
“Strengthening business ties with our Turkish partners is more than an expansion of our cooperation geography. It is a strategic step toward building a shared innovation space where capital, talent and technology can move across borders. We see strong potential for synergy between our ecosystems and are confident that joint initiatives will create new growth opportunities for startups and investors, while enhancing the region’s competitiveness globally,” said Magzhan Madiyev, CEO of Astana Hub.
An important part of the partnership will be the participation of representatives of both organizations in industry events, from international forums and conferences to B2B meetings and sector-specific workshops. This will help strengthen business connections, facilitate knowledge exchange and expand startups’ presence in foreign markets.
Special attention will be given to promoting the Tech Embassies model, a concept of technology representative offices designed to advance cross-border cooperation, innovation diplomacy and the exchange of entrepreneurial initiatives. In the future, the parties will consider scaling this model beyond Kazakhstan and Turkey to the MENA region and Central Asia.
The signing of the memorandum reflects growing interest in deepening investment and technology cooperation between Kazakhstan and Turkey. The implementation of the agreed areas of cooperation is expected to create additional opportunities for startups, investors and development institutions, while contributing to the formation of a shared innovation space across the Turkic world.
The agreement reflects the parties’ intention to build a long-term strategic partnership in investment, innovation and entrepreneurship, with a particular focus on supporting startups and fast-growing technology companies, including scale-ups. The document also highlights the growing role of cross-border cooperation between Turkic countries in building sustainable innovation ecosystems and advancing technology initiatives internationally.
One of the key areas of cooperation will be the development of a high-quality startup deal flow and the creation of opportunities for joint investments. The parties also plan to exchange expertise and launch joint acceleration and incubation programs targeting both early-stage startups and companies at the scaling stage. These programs are expected to provide mentoring support, access to financing and assistance in entering new markets.
“Strengthening business ties with our Turkish partners is more than an expansion of our cooperation geography. It is a strategic step toward building a shared innovation space where capital, talent and technology can move across borders. We see strong potential for synergy between our ecosystems and are confident that joint initiatives will create new growth opportunities for startups and investors, while enhancing the region’s competitiveness globally,” said Magzhan Madiyev, CEO of Astana Hub.
An important part of the partnership will be the participation of representatives of both organizations in industry events, from international forums and conferences to B2B meetings and sector-specific workshops. This will help strengthen business connections, facilitate knowledge exchange and expand startups’ presence in foreign markets.
Special attention will be given to promoting the Tech Embassies model, a concept of technology representative offices designed to advance cross-border cooperation, innovation diplomacy and the exchange of entrepreneurial initiatives. In the future, the parties will consider scaling this model beyond Kazakhstan and Turkey to the MENA region and Central Asia.
The signing of the memorandum reflects growing interest in deepening investment and technology cooperation between Kazakhstan and Turkey. The implementation of the agreed areas of cooperation is expected to create additional opportunities for startups, investors and development institutions, while contributing to the formation of a shared innovation space across the Turkic world.
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