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The holding is carrying out activities on the development of technology and venture entrepreneurship through a subsidiary organization, QazTech Ventures JSC. The company is focused on two main support tools.
First, in 2018, a tool of grant support to accelerators and business incubators was introduced in order to develop technology entrepreneurship.
Second, QazTech Ventures is operating in the format of a fund of funds to further finance the growth and development of these companies. In 2018, the Holding initiated the adoption of amendments to the draft law on venture financing.
These tools will allow supporting the development of high-tech companies at an early stage of development, as well as seed investments in further growth and bringing these companies to a more developed level with high value-added products and services.
On September 1, 2021, President Kassym-Zhomart Tokayev delivered the State of the Nation Address to the people of Kazakhstan titled “The unity of the people and systemic reforms are a solid foundation for the country's prosperity” during a joint meeting of the chambers of the Parliament of the Republic of Kazakhstan.
