QTV SESSIONS Forum was held in Nur-Sultan, organized by “Baiterek” National Managing Holding” JSC and a subsidiary “QazTech Ventures” JSC, within the Digital Bridge dialogue platform for IT industry representatives.
The event has become a unique international platform for a substantive communication, where experts have discussed key issues of developing the venture capital financing market, global technological trends, developing a business incubation system, introducing corporate innovations and other.
A solemn ceremony of signing a memorandum of cooperation between “QazTech Ventures” JSC and Quest Ventures Singapore’s leading venture fund took place within the framework of QTV SESSIONS.
- The purpose of the memoranda is very simple: placing the Kazakhstan’s system of startups on the map of the world, since it is young. We are working hard to establish these strong ties with more developed ecosystems. Why is it important? Because there are funds, there are professional venture investors. In Singapore alone, startups are funded for the amount of 10 billion dollars annually. There are 250 venture capital funds in this city. It is needed that our startups were able to go there to present and sell their products, so that if they don’t succeed here, they would be able to be solidified there, - noted Adil Nurgozhin, the Managing Director of Baiterek Holding.
In his turn, Quest Ventures Partner Jeffrey Seah supported his colleague, noting that the creation of an ecosystem is a prerequisite for the development of startups.
- It's great that the state supports startups and creates an open market for them. This is an important vector for economic growth not only in Kazakhstan, but also in the region as a whole. Creating an ecosystem is a must for progress. In general, Kazakhstani startups can focus not only on Asia, but also on the whole world, - Jeffrey Seah highlighted.
At the same time, “Baiterek” NMH” JSC and “QazTech Ventures” JSC have signed a tripartite memorandum of cooperation with the National Innovation Agency of Thailand.
- The venture capital market was established in Thailand about two decades ago. Over the past five years, the capital and investment market in Thailand has become one of the most proactive sectors related to startups and international acquisition of companies with high potential, - stressed out Pun-Arj Chairatana, the Chairman of the Board of Thailand’s National Innovation Agency.
It is worth noting that QTV SESSIONS events program consisted of three blocks, within which panel sessions, expert discussions and workshops in the areas of venture financing, business incubation and corporate innovation were held in parallel.
- Today’s event has become not only a dialogue platform for the key experts of the industry, but also made it possible to establish new strategically important partnerships. As a result of active discussions, we’ve received feedback from our partners and international experts, which will allow improving our work in three areas: venture financing, business incubation and expert-technological support, - said Zhandos Shaimardanov, the Chairman of the Board of “QazTech Ventures” JSC.
The QTV SESSIONS events program consisted of three blocks, within which panel sessions, expert discussions and workshops in the areas of venture financing, business incubation and corporate innovation were held in parallel.