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EN
Seed Money Program
Financing of IT start-ups from the Astana hub
Funding up to KZT 24 million ($49,000) for IT start-ups graduated SilkWay Accelerator
Funding is provided under the revenue share model
The model implies an obligation to pay 2% of the project income
Within Seed Money program
+1% - payment within 3 years of disbursement
As Astana Hub participant
+1% - payment of fees
In this case, the team retains 100% of the startup's equity
Minimum requirements for projects
01.
IT component
The applicant's IT project must comply with the priority activities of Astana Hub
02.
Team
The team must consist of at least 3 key members.
03.
Certificate
Applicant should complete SilkWay Accelerator program, confirmed by certificate
Selection procedure
01
Filing an application
Applicant submits an application with documents on the Astana Hub platform before the deadline for review for formal compliance.
02
Diagnostics of the application
Experts conduct technological, financial, economic and legal diagnostics of the IT start-up and provide recommendations to an independent panel.
03
Primary selection
An independent commission conducts an initial selection of applications. Selected IT projects will be invited to an online presentation (pitching).
Documents for consultation
Funding Regulations
Detailed description of Seed Money's terms and conditions for funding IT start-ups
Commercialization
Detailed description of the required content for the commercialisation strategy
FAQ
Frequently Asked Questions
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Who can apply for funding?
The applicant can be either an individual or a legal entity. There are no restrictions on the country of residence, i.e., an applicant may be a resident of the Republic of Kazakhstan as well as a non-resident.
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Who can apply for funding?
The applicant can be either an individual or a legal entity. There are no restrictions on the country of residence, i.e., an applicant may be a resident of the Republic of Kazakhstan as well as a non-resident.
-
Who can apply for funding?
The applicant can be either an individual or a legal entity. There are no restrictions on the country of residence, i.e., an applicant may be a resident of the Republic of Kazakhstan as well as a non-resident.
-
Who can apply for funding?
The applicant can be either an individual or a legal entity. There are no restrictions on the country of residence, i.e., an applicant may be a resident of the Republic of Kazakhstan as well as a non-resident.
-
Who can apply for funding?
The applicant can be either an individual or a legal entity. There are no restrictions on the country of residence, i.e., an applicant may be a resident of the Republic of Kazakhstan as well as a non-resident.
-
Who can apply for funding?
The applicant can be either an individual or a legal entity. There are no restrictions on the country of residence, i.e., an applicant may be a resident of the Republic of Kazakhstan as well as a non-resident.
-
Who can apply for funding?
The applicant can be either an individual or a legal entity. There are no restrictions on the country of residence, i.e., an applicant may be a resident of the Republic of Kazakhstan as well as a non-resident.
-
Who can apply for funding?
The applicant can be either an individual or a legal entity. There are no restrictions on the country of residence, i.e., an applicant may be a resident of the Republic of Kazakhstan as well as a non-resident.
-
Who can apply for funding?
The applicant can be either an individual or a legal entity. There are no restrictions on the country of residence, i.e., an applicant may be a resident of the Republic of Kazakhstan as well as a non-resident.
-
Who can apply for funding?
The applicant can be either an individual or a legal entity. There are no restrictions on the country of residence, i.e., an applicant may be a resident of the Republic of Kazakhstan as well as a non-resident.
-
Who can apply for funding?
The applicant can be either an individual or a legal entity. There are no restrictions on the country of residence, i.e., an applicant may be a resident of the Republic of Kazakhstan as well as a non-resident.
-
Who can apply for funding?
The applicant can be either an individual or a legal entity. There are no restrictions on the country of residence, i.e., an applicant may be a resident of the Republic of Kazakhstan as well as a non-resident.
-
Who can apply for funding?
The applicant can be either an individual or a legal entity. There are no restrictions on the country of residence, i.e., an applicant may be a resident of the Republic of Kazakhstan as well as a non-resident.
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