NUR-SULTAN, Kazakhstan,
Dec. 15, 2021 /PRNewswire/ -- In
November 2021 partnership agreements
were signed between Astana Hub, TransTelecom JSC, and Plug and Play
Kazakhstan. The parties intend to work together to develop the
startup ecosystem, attract investment, create and conduct
acceleration programs and assist companies in reaching their
innovation goals.
"Today, society recognizes the importance of developing a
startup ecosystem as a factor of economic development. We are
convinced of the need for long-term and effective cooperation in
the interests of our partners and the community, and we believe
that it will contribute to strengthening the development of the
startup ecosystem in Kazakhstan," said Sanjar Taromi, country manager of Plug and Play
Kazakhstan.
Plug and Play Kazakhstan, Astana Hub, and TransTelecom JSC have
launched a corporate accelerator for 20 local and international
startups. They will be able to advance skillsets under the
mentorship of global experts, determine product-market fit, attract
investments, scale up to other markets and launch pilots with
leading corporations. Key players of the ecosystem will also have
access to events and training programs from the regional
office.
"One of the startup's main tasks after launch is to make the
product highly demanded in the market. They all strive to become a
legend, like Google, PayPal, or Dropbox. No one knows this better
than the company that played a role in supporting these legends -
Plug and Play. With the support of the Ministry of Digital
Development, Innovations and Aerospace Industry of the Republic of
Kazakhstan and through the
partnership with TranTelecom JSC and Plug and Play Kazakhstan, we
will continue to build up the potential of young IT
companies," said Magzhan Madiyev, CEO of Astana Hub.
"Delivering the most innovative and efficient products to our
clients is of paramount importance for TTC. Partnership with Plug
and Play will give us access to global startups and solutions,
which will help bring innovative products and services to
Kazakhstan. At the same time, we
aim to introduce innovative companies and talented teams from
Kazakhstan to the global arena. I
believe that this partnership with Plug and Play will create a
strong bridge between Kazakhstan
and the global innovation ecosystem," said Yerlan Minavar,
Deputy CEO for Development and Innovation, TransTelecom JSC.
References:
Astana Hub is the largest
international technology park for IT startups in Central Asia. Conditions are created here for
the free development of Kazakhstani and foreign technology
companies. The global mission of Astana Hub is to support startup
culture and digital innovations to strengthen the economy of the
Republic of Kazakhstan.
Technopark provides multifaceted support to startups through
financing, incubation, and acceleration programs, training of IT
specialists and investors, as well as cooperation with large
domestic and foreign Big Tech companies.
As of November 2021, Astana Hub
has 586 IT companies in which 64 are foreign. Startups earned
166 billion KZT and attracted
56.6 billion KZT in investments,
grants, and loans in two and a half years. The export of IT
services of Astana Hub residents amounted to 52 billion KZT by the end of 2020 and the 3rd
quarter of 2021. It is worth noting that the tax benefits for IT
companies provided in the framework of the Ecosystem partnership
program saved 15,2 billion KZT.
www.astanahub.com
TransTelecom JSC is one of the largest
telecommunications service providers in the Republic of
Kazakhstan. The company
specializes in providing a wide range of telecommunications
services, digitalization and system integration in the field of IT,
communications, automation, energy, railroads, and supply
chain.
Some of the landmark projects includes:
- Construction of nine Data Centers all over the country,
- Provision of Internet access to rural settlements in the
framework of the Digital Kazakhstan State Program. TTC has laid
approximately 6,000 km of fiber-optic cables and connected 1,222
social facilities.
www.ttc.kz
Plug and Play is the leading innovation platform,
connecting startups, corporations, venture capital firms,
universities, and government agencies. Headquartered in Silicon
Valley, we're present in 35+ locations across five continents. We
offer corporate innovation programs and help our corporate partners
in every stage of their innovation journey, from education to
execution. We also organize startup acceleration programs and have
built an in-house VC to drive innovation across multiple industries
where we've invested in hundreds of successful companies including
Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and
Rappi.
https://www.plugandplaytechcenter.com/
Plug and Play Contact
Sanjar Taromi
sanjar@pnptc.com
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SOURCE Plug and Play