Venture capital investment market participants exchanged experience

On June 15, a round table was held in Almaty with the main participants of the venture capital investment market of Kazakhstan. The meeting was held at the Sail coworking center with the support of the Almaty office of Astana hub.

Representatives of Astana Hub: Executive Director Abai Absamet and Director of the Investment Office Azizbek Bakiyev spoke at the round table. The speakers reminded the participants how important it is to develop a startup culture and support high-tech projects to strengthen the country's economy, and also gave specific recommendations to beginning and developing startups.

Among the guests of the meeting was Askar Bilisbekov, Chairman of the Board of JSC "Social and Entrepreneurial Corporation "Almaty". Askar shared the tools for implementing investment projects and investing in SEC. As the speaker emphasized, the main goal of the Corporation is to solve social, educational, cultural problems of society through the development of sustainable private entrepreneurship.

The investment giants of the Kazakhstan and international market - such as "QazTechVentures", "Most", "Seedstars" shared their experience. And the beginning startups "Elın" and "Factory price" presented their projects and developments in the field of applications for smartphones.

Each participant of the round table shared his vision of the current situation in the domestic market. The participants discussed the topics of increasing awareness of support tools and transparency of processes for IT projects at different stages of its development. During the meeting, many proposals were received for the development of the investment direction in the IT industry. 

Recall that all participants of the international technopark of IT startups Astana Hub receive tax preferences. Preferences exempt participants from paying taxes such as CPN, VAT, VAT on imports of goods, royalty tax, IPN and social tax for non-residents. Such a measure of state support allows IT companies to reinvest the saved funds in the development of their projects.

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