Kazakhstan once again became the leader of the Central Asian startup ecosystem at the Startup Ecosystem Awards 2024
Author - Mansur Ismagulov
The Tech AI
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Kazakhstan took first place in Central Asia and entered the top 75 of the global StartupBlink ranking. Astana confirmed its status as an innovation center, and the Astana Hub technology park received the Best Startup Ecosystem in Central Asia award. AlchemistX and Global Outsourcer 2.0 programs enabled 22 startups to enter the US market (attracting $1.4 million in investments), and 98 export contracts were signed by Kazakh IT companies for a total of over $355,000 with clients from 24 countries.
The StartupBlink international ranking, which evaluates startup ecosystems worldwide, has once again confirmed Kazakhstan's leadership in Central Asia. The country took first place in the region and strengthened its position on the global stage, entering the top 75 startup ecosystems worldwide.
The city of Astana continues to confirm its reputation as a leading innovation center in the region due to significant achievements in the development of the startup ecosystem. One of the key factors behind this success was the contribution of the Astana Hub technopark, which received the prestigious Best Startup Ecosystem in Central Asia award for its results in the regional ranking.
The results of the StartupBlink study prove Kazakhstan's competitiveness on the international stage and its potential as a center for innovative development.
The AlchemistX & Silicon Valley Residency Program, launched in collaboration with Alchemist Accelerator and Silkroad Innovation Hub, also played an important role for the regional ecosystem. Thanks to this initiative, 22 startups from Central Eurasia were able to enter the US market, three of which attracted $1.4 million in investments, and eight signed commercial deals worth $379,000.
In turn, the Global Outsourcer 2.0 program helped 15 Kazakh IT companies sign 98 export contracts worth more than $355,000 with clients from 24 countries, such as the United States, the United Kingdom, Germany, Canada, the UAE, and Australia.
The dynamic development of the IT industry testifies to Kazakhstan's commitment to innovation and support for technological startups. These initiatives enhance the country's attractiveness to international investors and confirm its status as a key player in the global startup community.
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