Kazyna Capital Management took part in the ITU Startup Central Eurasia forum

On November 24-25, the ITU Startup Central Eurasia forum was held in Baku (Azerbaijan), dedicated to an overview of the startup ecosystem in Eurasian region. As part of the forum, Irakli Kashibadze, General Director of the Laboratory for the Future and Startup Central Eurasia, presented the Startup Central Eurasia Ranking report, created according to the ITU methodology. The report analyzed the startup infrastructure of the countries of the Central Asian region and ranked the startup ecosystems of Central Asia in terms of such parameters as: strategy, capital, market, infrastructure, talent, culture and legal framework. According to the results of the analysis, the first place in the ranking is occupied by the ecosystem of Kazakhstan, Uzbekistan is in 2nd place, Kyrgyzstan is in 3rd place and Tajikistan is in 4th place. The key session of the forum "Access to local and global finance for startups - what venture investors look at and how to build effective cooperation with them" was held by: — Sholpan Dosmakhanbet, Kazyna Capital Management, Kazakhstan, in her speech, the speaker presented an overview of the country's venture and startup ecosystem, and also shared tools for attracting investments and building communications with an investor. - Tamerlan Bayramli, Technovate, Sabah Angels Club, Azerbaijan - said that their organization solves two problems: first, it records data about startups on one platform so that you can trace their history; secondly, it attracts foreign investors to invest in Azerbaijani startups. — Shahboz Rakhmanov, MyVentures Ventures, Kazakhstan, talked about how to communicate with venture funds: create a good pitch deck that reflects the data for the investor, work with feedback and evaluate yourself correctly. MyVentures invests in early stage startups and has $20 million in capital. — Alim Khamitov, founder of MOST Ventures, also spoke at the ITU Startup Central Eurasia forum. He spoke about the fund as part of the startup ecosystem of Kazakhstan. MOST Ventures creates conditions for supporting and investing in startups at different levels of development. According to the rating, Kazakhstan has become a leader in terms of access to funding for startups at the Pre-seed and Seed stages. At the same time, startups from Kazakhstan (TrustMe), Georgia (Phubber), Uzbekistan (Avlo.shop), Kyrgyzstan (Numba) and Azerbaijan (Bookshifa) shared their success stories at the forum. Second day of the program was no less intense and was held in the format of trainings, where Farrukh Ali - PASHA Holding, Igor Makhanyok - Geek Ventures, Cal Deutsch - CEO of the analytical company DealEngine, Jeff Wallace - member of the board of directors of Innovate Marquette SmartZone shared their experience It should be noted that the forum was attended by representatives of startup ecosystems from Azerbaijan, Kazakhstan, Uzbekistan, Tajikistan, Kyrgyzstan, Moldova, Ukraine, Belarus, Russia, Turkmenistan, as well as Israel, India, Europe and Africa.