Fourth Cohort of Silkway Accelerator, a Joint Program by Astana Hub and Google for Startups, Kicks Off in Astana

The Opening Day for the fourth cohort of the Silkway Accelerator, a collaborative initiative between Astana Hub and Google for Startups, took place in Astana. The event welcomed 15 top startups from Kazakhstan, Kyrgyzstan, Mongolia, Tajikistan, and Uzbekistan, all of which successfully passed the selection process for Silkway Accelerator. The accelerator program offers free accommodation for two team members during the program, visa support for international participants, and training and mentorship from Google for Startups and Astana Hub.

The participants of the fourth cohort were selected from a total of 197 applications from eight countries, including Central Asia, Mongolia, Azerbaijan, and Georgia. Following four stages of selection, the top 15 startups were chosen to participate in this prestigious accelerator: ARLAN BIOTECH, Care Pay LLC,, Dalatech Systems, Gram, Growave, Metacog Metrics, Metaland Metaverse, Mystory, OILA, Aqyl Battle, Python RPA, Tastamat, 24SaaS-Cloud Services Provider, ZebraEye.

The Opening Day event featured a welcome speech by Yersultan Yermanov, the Director of the Department of IT Industry Development at the Ministry of Digital Development, Innovation, and Aerospace Industry of the Republic of Kazakhstan. Magzhan Madiyev, CEO of Astana Hub, shared insights into the hub's activities, current performance, support measures for startups, and the results of the previous three cohorts of Silkway Accelerator. Representatives from Google for Startups, trackers, and investors also attended the event.

It is worth noting that Kazakhstan is the first and currently the only country in Central Asia where an accelerator has been launched jointly with Google for Startups. Over the three cohorts of Silkway Accelerator, 37 startups have successfully entered international markets, achieving significant results: the combined valuation of these companies is $400 million, with a Monthly Recurring Revenue (MRR) of $2 million. Additionally, they attracted $7.5 million during the acceleration program.

Detailed information about the participants of the first, second, third, and fourth cohorts can be found on the platform.

Google for Startups is a startup program launched by Google in 2011. It consists of more than 50 co-working spaces and accelerators in 125 countries, providing practical lessons for tech entrepreneurs.

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