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![high rise buildings beside green trees during daytime](https://images.unsplash.com/photo-1548450847-8a9a5cc3968f?ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D&auto=format&fit=crop&w=1000&q=80)
 
Kazakhstan’s startup ecosystem is still in the early stages of development, and there remains much to be done to continue developing and solidifying the country’s position as a hub for Central Asia. The country’s economy is mainly sustained by the oil and gas industry, and the country aims to transition to a knowledge-based digital economy. Thankfully, there are plenty of potential funding opportunities for developing initiatives that can support growth and innovation. ==read-more==
 The government is taking confident steps toward attracting startups by creating innovation technology parks, hubs, and accelerator programs. Thanks to these initiatives, Kazakh startups have access to capital at early stages in their development. Additionally, the government invested in Astana to help develop the city into a financial center, and the [Astana Hub](https://astanahub.com/), a technopark of IT startups which successfully plays a pivotal role in the development of foreign and Kazakhstani technology companies. Moreover, [the National Entrepreneurship Development Project for 2021-2025](https://baiterek.gov.kz/en/programs/national-entrepreneurship-development-project-for-2021-2025) provides government funding to entrepreneurs. Another government initiative is the [Business Roadmap 2025](https://egov.kz/cms/en/articles/road_business_map), which aims to support new business initiatives in monotowns, small towns, and rural settlements, as well as priority industries. 
 Other than a strong economy which can actively support its local startup ecosystem, an additional advantage for Kazakhstan is the support of universities in the startup scene. Most notably, Nazarbayev University established an Innovation Cluster ([NURIS](http://en.nuris.nu.edu.kz/)) that offers resources, training, and investment for high-tech. Furthermore, Kazakhstan is the only country in the region for UNICEF’s pilot initiative to create and implement [Digital Public Goods (DPGs](https://www.unicef.org/innovation/dpg-pathfinding-countries/kazakhstan)), which improves learning outcomes and access to education. 
 The development of the Kazakhstan startup ecosystem depends on the country’s openness to the international community. As a country with a developing startup scene, Kazakhstan now has the opportunity to set the foundation for future growth. Attracting foreign investment and continuing to encourage entrepreneurship should be a key focus for the country.

Kazakhstan

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As the innovation hub of the Asia-Pacific region, Taiwan is renowned for its outstanding high-tech R&D capacity, highly-trained professionals, and thriving networks of entrepreneurs which enable our  startup ecosystem to achieve steady continuous growth.

Director General, Department of Academia-Industry Collaboration and Science Park Affairs

We've seen the startup ecosystem of Moscow rapidly mature in the  last years. Having a dedicated startup agency has been instrumental in helping to deliver the right support services to entrepreneurs, investors and talent.

Startup Ecosystem Comparative Analysis

In the recent years, Moscow has become a gravity centre for the most talented people not only from Russia and Eastern Europe, but from all over the world. Such concentration of professionals affirms Moscow as one of the global “cities of the future”, world centre for the development of breakthrough technologies, particularly in IT.

The Moscow Agency of Innovations was established to create a truly favorable environment for the advancement of technology in Moscow.

2016

The Skolkovo Innovation Center and Skolkovo Foundation was signed into law with a goal to goal is to create a sustainable ecosystem of entrepreneurship and innovation.

2010

Avito, a classified ads website and now a unicorn, first went online.

2007

The Moscow Seed Fund, a VC which invests in see and pre-seed startups, was established.

2005

Yandex search engine was launched!!!!

1997

CAREC Startup Hub is launched

2022

CAREC Ministerial Conference endorses CAREC Digital Strategy 2030

2021

CAREC Secretariat launches technical assistance on startups and digitalization

2020

CAREC 2030 Strategy endorsed and includes ICT as cost-cutting sector for CAREC Program

2017

CAREC Institute establishes office in Urumchi, PRC

2015

CAREC program approves 6 projects amounting to $247 million under energy, trade, and transport sectors

2001

ADB officially establishes CAREC program

Technical assistance to promote regional economic cooperation in Central Asia is approved

1996

Запуск CAREC Startup Hub

 Министерская конференция ЦАРЭС одобряет Цифровую стратегию ЦАРЭС 2030

Секретариат ЦАРЭС запускает техническую помощь стартапам и цифровизации

Гендерная стратегия ЦАРЭС до 2030 года одобрена всеми странами-участницами

Институт ЦАРЭС получает правовой статус и Стратегия ЦАРЭС-2030 включает ИКТ в качестве сектора для Программы ЦАРЭС

Создана физическая база Института ЦАРЭС

Одобрено шесть проектов ЦАРЭС на сумму $247 млн

АБР официально учредил программу ЦАРЭС

Одобрена техническая помощь в продвижении регионального экономического сотрудничества в Центральной Азии

CAREC

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