Seed Money: How Startups Can Access Up to 20 Million Tenge for Development

Anarbek Utegulov, Director of the Astana Hub Funding Programs Office, recently discussed Seed Money in a detailed live session on The Tech Telegram channel.


"As part of Seed Money since 2021, we have financed approximately 50 startups, amounting to over 500 million tenge. Projects at various stages are eligible for funding across seven key areas: Smart City, SpaceTech, Defense Tech, hardware, artificial intelligence, game development, and blockchain. If a project aligns with one of these sectors, it may qualify for funding. Our financing model operates on a revenue share basis rather than a traditional grant," explained Anarbek Utegulov, Director of the Astana Hub Funding Programs Office.

For more information, visit The Tech website.

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