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Astana, Kazakhstan • 04 November 2022

Astana Hub Supports Local and Foreign Startups in Kazakhstan

The largest IT hub in Central Asia provides businesses with tax incentives and hosts a special expat center

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Photo credit: QazMonitor (Adelina Kulyashkina)
Photo credit: QazMonitor (Adelina Kulyashkina)
photo provided by Astana Hub
photo provided by Astana Hub
photo provided by Astana Hub
photo provided by Astana Hub

I believe that it is due to the fact that we are not ‘spoiled’. When we were working our way through the partnership, we went through a rigorous selection process.

To be honest, we are clearly the leading IT hub in the region of Central Asia, Azerbaijan and Mongolia. That’s why Google for Startups’ choosing us is a natural and obvious move.

Photo credit: QazMonitor (Adelina Kulyashkina)
Photo credit: QazMonitor (Adelina Kulyashkina)
photo provided by Astana Hub
photo provided by Astana Hub

Why did we go this route? When we studied international cases, we realized that startups need venture capital investments like air. Kazakhstan traditionally does not have a highly developed. Venture business has its own specifics - it took time to develop this culture.

photo provided by Astana Hub
photo provided by Astana Hub

By getting smart money, companies get an investor who does not impede the development of the business, which is also very important.

photo provided by Astana Hub
photo provided by Astana Hub
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The Qazaqstan Monitor is a website informing about events in business, creativity and achievements in Kazakhstan and Kazakhstanis abroad. When working with materials of The Qazaqstan Monitor website, only 30% of the text with obligatory hyperlink to the source is allowed. When using full material it is necessary to obtain the editors’ permission. The Qazaqstan Monitor editors do not always share the views of the authors of articles. In case of violation of the terms of posting materials, the editorial staff of the site has the right to resolve disputes in a lawful manner.