"Decacorn" was registered in Astana Hub — Magzhan Madiev summed up the results of two years of work on the technopark.

Magzhan Madiev, founder and CEO of Astana Hub, wrote a post on Facebook summarizing some of the results of the last two years of the work of the international technopark of IT startups.

Growth of residents

  • Two years ago, 300 IT companies were registered in Astana Hub; today, there are 865 residents.
  • Three new IT companies are being registered every working day now.
  • The number of projects with foreign founders increased from 15 to 144.
  • The total income of the participants amounted to 328 billion tenges, where a third (99 billion tenge) is export earnings.
  • Residents attracted more than 157 billion tenge of investments.
  • The companies created 12,000 jobs.
  • Recently, "unicorn" and "decacorn" were registered in Astana Hub, the value of which exceeds 1 and 10 billion US dollars.
  • The activities of Astana Hub are commercialized according to the revenue share model: residents donate 1% of their income to the technopark. Thus, Astana Hub has practically reached the payback today.

Activities every day

  • More than 1500 events were held with 70,000 participants.
  • Up to 5 offline and online events are held daily.
  • More than 1,000 startups are graduates of all hub acceleration and incubation programs, and more than 15,000 people participate in educational programs.

Educational programs and regions

  • In 2021 Tech Orda program was launched to train programmers. The program provides funding for training students in private IT schools throughout Kazakhstan. By the end of 2022, it's planned to train three thousand new specialists.
  • The Alem programming school is being scaled in the regions.
  • With the support of Astana Hub, the IT hub "Terricon Valley" was launched in Karaganda.
  • In 2021, Abay IT-Valley was launched in Semey based on Alikhan Bokeikhan University.
  • Together with NIS, the Teenpreneurs program was held, where schoolchildren were able to launch 50 startups.
  • The so-called new schools have been launched-courses that did not exist in Kazakhstan before: Beta Career (an onboarding program for students in an IT company), NoCode (training in no-code, low-code technologies that allow beginners to create IT prototypes without programming skills), Freelance School (training IT specialists to sell their services online abroad), VC school (training investors in venture specifics).

Magzhan Madiyev is confident that a success for Kazakhstans' IT is upcoming soon:

"Not everything was smooth; there were mistakes. There is still a lot of work ahead. Nowadays, there is a huge difference between the innovation ecosystem of 2016 (the year when I came up with the idea of creating a tech park) and 2022. Previously it seemed unreal for Astana and Kazakhstan in terms of success in the IT field, but now it is becoming a reality. Our slogan sounds like this – Make IT Happen.

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