Winners of the Startup Funding Competition announced

12 January, 2022

The selection of projects at the MVP stage has been completed within the framework of the Astana Hub startup financing program - Seed money. The winners are the projects ClickLog, Onai.school, Legum.one, Upkeep.kz, KITABU, Hustle Free, Seenus, Speech Lab, Arcana, Conglomerate, Foodai.tech, IPO FIT, Nextbus. Each finalist will receive 5 million tenge ($ 11.4 thousand) for the development of his startup. Another 7 startups have been approved for funding up to 5 million tenge.

According to the conditions, startups had to go through 6 stages of selection: application submission, its initial consideration, diagnostics, selection of projects for presentation, pitch presentation, decision of the commission.

Chaired by the head of the Smart Parking Technologies project Amirkhan Omarov, members of the commission, which included Chairman of the Board of the School of Programming Alem Dagar Davletov, Investment Director of Quest Ventures Ruslan Rakymbay, Head of the Accelerator Experiments Department UNDP Laboratory in Kazakhstan Valeria Tyo, General Director of Kazdream Dauren Tulebaev, Director of MOST Business Incubator Alim Khamitov, Advisor for digitalization of Freedom Finance Bank Ablaykhan Ospanov heard the presentations and gave their marks. A total of 60 startups were selected.