IT startups all over the world can receive funding up to $ 47 thousand in Kazakhstan
To receive funds, you must pass a competitive selection and become a member of the Astana Hub technopark.
Moreover to funding under Seed Money, startups also will receive broad non-financial support. Thus, tax and visa preferences, free working space, training and mentoring, access to investors and the community of IT companies, PR support will be available to the recipients of funding.
To receive funding from Astana Hub, it is necessary to pass 6 stages of selection: initial consideration of the application, diagnostics, selection of projects for presentation, pitch presentation, decision of the commission and finally, the conclusion of the contract. According to the Revenue share system, the recipients of financing will be required to deduct 2% of their income within the framework of the financing program and as a member of Astana Hub.
According to the results of the selection, 35 best projects at different stages will receive funding: MVP, Product-Market Fit and Scale.
A technological and innovative project that develops new products in the field of IT and corresponds to the list of priority activities in the field of information and communication technologies can apply for fundings (development, implementation, maintenance, development, modification and implementation of software and software products, creation, pilot and industrial operation, implementation, development, modification, maintenance of information systems, etc.).
To participate in the program, you must have a minimum viable product (MVP).