Startup Central Eurasia News Digest

05 April, 2022

We are ready to introduce to you our News Digest!

1. A secure IT cluster will be created in Zakarpattya

April 1,

The Transcarpathian Regional Military Administration initiated the creation of a secure cluster and invited more than 180 representatives of the IT industry from all cities of Ukraine.

«We are creating a national IT cluster in Transcarpathia: we are exempting all IT specialists from military service to protect the country's economy», said Viktor Mikita, the head of the administration. According to him, since the beginning of the war, about 35,000 IT specialists have moved to the region.

The administration offers:

– reservation of IT-specialists from conscription for military service during mobilisation and martial law;

— providing locations for work, converted office space and co-working spaces, ensuring their protection;

– provision of high-quality Internet (fibre, satellite);

– assistance in supporting economic, tax and business activities.

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2. Google launched a fund to support Ukrainian startups

April 1, Google

Google has announced a new fund, the funds from which will be distributed among about 50 young local Ukrainian companies. During 2022, as part of the Ukraine Support Fund, the American corporation will distribute $5 million free of charge. Startups will be able to receive grants up to $100,000, as well as count on mentoring and other support from Google. Startups that were founded in Ukraine before February 24, passed the MVP stage and demonstrate the successful implementation of the business model will be able to apply.

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3. How to develop a cool IT product: digital bank CPO tells

April 1, The Steppe

Alan Tolubaev – a Chief Product Officer of Eurasian Bank. He is responsible for the operation of the new Smartbank application, leads the team and determines priority areas for development.

«The digital market is gradually moving away from vendor development. If earlier it was easier and cheaper to transfer part of the work to suppliers, today it is much more efficient to develop your own expertise – to create teams of IT specialists who will improve the product for users and customers every day».

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4. Meeting on April 8 in Tashkent, Uzbekistan: what kind of IT specialists do companies need

April 2, IT-park Uz

On April 8, 2022, IT Park Tashkent will host a meeting of representatives of the IT Knowledge Development Centre with residents of IT Park. In particular, such companies as EPAM Systems, Payme, Uzcard and Click will take part in the meeting. The meeting will discuss issues of employment, what kind of specialists are most in demand in Uzbekistan now, and what is better to focus on in training personnel.

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5. AIESEC Astana announces Top Talents case championship

April 4, Astana Hub

Top Talents is a 2-week online case championship that will be held from April 11 to 24. The championship gives an opportunity for undergraduate and graduate students to show themselves to large Kazakhstani and international companies, solving real business cases. According to the organisers, Top Talents will help you get an idea of ​​the real needs of the business, apply and improve your knowledge in practice by solving real business cases from leading companies.

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6. Technological cluster «Abai IT-Valley» opens in Semey, Kazakhstan

April 4, The Steppe

On April 12, the technical opening of the first Abai IT Valley technology cluster will take place in Semey. It will be created on the basis of the University. A. Bokeikhanov. As part of the opening, it is planned to launch the Teenpreneurs program and create a corporate seed investment fund. It is planned that the fund's resources will be directed to the development of promising start-up projects in the region. Professional teachers will deal with startups. The cluster has modern study rooms, a robotics laboratory and a co-working area.

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7. Portuguese food tech start-up Bairro raised €300,000 for immigrants from Ukraine and Russia

April 5, Rusbase

Bairro is a delivery service for food, drinks (including alcohol) and household goods in Lisbon and Almada. The startup was launched in April 2021, accepts orders through the application and delivers goods from dark stores. The startup received investments from Raison Asset Management in the amount of €300,000. The transaction took place as part of the bridge round of financing and was carried out in the SAFE format.

In total, Bairro has attracted €3.7 million in investments since its founding, including from TMT Investments, Startup Lab and Flyer One Ventures. According to Raison Asset Management, the startup's valuation in the next round will be at least €25 million.

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