Qazaqstan Investment Corporation JSC
Qazaqstan Investment Corporation JSC is a fund of private equity funds established in 2007 to promote the sustainable development of the national economy, the formation of privateequity infrastructure in Kazakhstan, attracting foreign investment in priority sectors of the economy, using leading international experience, transfer of innovative knowledge and technologies to private equity.
Qazaqstan Investment Corporation JSC, together with international institutional investors, effectively manages private equity funds. The funds of Qazaqstan Investment Corporation JSC provide capital to companies in various sectors of the economy in order to further growth and increase competitiveness.
The mission is to take a leading role in the development of the PI ecosystem in Kazakhstan by investing in strong teams that will be able to create stable and efficiently managed companies, receive a steady level of profit and contribute to the growth and modernization of the economy.
For small and medium-sized businesses, large businesses, a program of preferential financing is offered with the involvement of second-tier banks at the expense of Qazaqstan Investment Corporation JSC.
The Program provides attractive financing conditions: the interest rate is 8% per annum, the amount of investments is up to 5 billion tenge with a term of up to 10 years.
The participation of QIC in funded companies is limited to 49% in the capital, which ensures that the entrepreneur retains control over the management of the company.
The program involves financing a wide range of industries, including manufacturing, infrastructure projects, and so on. The Program will be implemented in two directions: support of corporate business and development of SMEs.
The operators of the Program are subsidiaries of Qazaqstan Investment Corporation – Baiterek Venture Fund and BV Management. At the same time, partner banks represented by Sberbank, ForteBank, Bank CenterCredit, VTB Bank and Alfa-Bank are also involved in the direction of SME development.