QazInnovations plan to support regional business incubators

The National Innovation Development Agency "QazInnovations" (QazInnovations), with the support of the Ministry of Digital Development, Innovation and Aerospace Industry of the Republic of Kazakhstan, plans to support regional business incubators to support the acceleration of startups, strengthen the human resources of innovative entities.

Business incubators (BIs) are organizations created to support entrepreneurs at an early stage of their activities by leasing premises and providing consulting, accounting, and legal services.

Business incubation programs aim to accelerate the growth of startups and growing companies by providing entrepreneurs with the knowledge, partnerships, and tools to develop successful businesses.

The goal of the program is to form communities of people interested in innovative entrepreneurship in the Republic of Kazakhstan by holding local thematic events and supporting the creation of the necessary infrastructure. Popularization of support tools and coverage of events and programs held by QazInnovations, providing space for events in the regions will allow the formation of regional communities of participants in the innovation ecosystem and entrepreneurs that can form pilot regional business incubators in the future.

This program will be implemented from the third decade of September 2022.