MOST Holding and Investbanq Singapore Investment Platform (Paladigm Capital) will hold the Central Eurasian Venture Forum (CEVF) - a large-scale event for investors, startups, and other participants of the startup ecosystem on June 2, 2023, in Almaty. This year the forum has expanded the geography of its participants and covers the whole of Central Eurasia.
The event hosts define the central theme as Human Capital in the Age of Artificial Intelligence. Thus, human capital remains the most important factor for the successful functioning of any organization. Despite significant advances in automation and robotics, intelligent and talented human beings remain to be an indispensable resource for high performance and competitiveness. This philosophy reflects a startup culture that is actively growing and evolving in Central Eurasia.
"The year 2023 was revolutionary for the development of artificial intelligence. New technologies have already changed our reality, but this change will not stop there. That's why the venture market gives every investor an opportunity to become a part of the future and give a chance to implement amazing ideas and projects of talented minds, and startups of the Eurasian region with an opportunity to scale them to other developed large markets," said Pavel Koktyshev, the organizer and managing partner of MOST Holding.
"Artificial Intelligence brings amazing innovations and opens new horizons, and could add $15.7 trillion to the global GDP by 2030. But technology is useless without talented people. It is human capital that drives the evolution of artificial intelligence, allowing it to be at the service of the minds and businesses that seek to change the world for the better. At the CEVF we are bringing technology and talent together to make the future brighter and more successful," adds co-host and founder of Investbanq Olzhas Zhiyenkul.
The Forum will bring together business angels, venture capitalists and funds, tech startups and corporations, and everyone interested in the VC industry in the region.
During the Forum, the international technological park Astana Hub will organize Space Tech Battle - IT startups battle in the sphere of space technologies. The prize fund of the contest is $15,000. The applications for participation will be accepted until May 20.
The first CEVF was held in Almaty in 2022 and gathered 800 participants, becoming the most large-scale event for the technological ecosystem of Central Asia. According to the startups that participated in the event, the teams raised $5M worth of investment through networking with real investors. Investors found interesting startups and expanded their network with institutional players.
The Central Eurasian Venture Forum will be held at the Swissôtel Wellness Alatau Almaty Hotel (former Alatau Sanatorium), 50A Tausamaly Str. The tickets for the forum, and information on how to reserve a place on the alley as a startup are available on ventureforum.asia.
The Forum was supported by Almaty City Akimat and Digitization Department, the United States Agency for International Development (USAID), European Bank for Reconstruction and Development (EBRD), Freedom Broker, Astana Hub International Technopark, Visa – the world leader in the digital payment industry, International Finance Corporation, a member of the World Bank Group (IFC).
