MOST launches a $10 million venture fund for startups from Central Eurasia

MOST announced the launch of a new early-stage investment fund — the MOST Accelerator Fund — with a volume of $10 million. The fund is focused on early-stage B2B startups in the field of artificial intelligence that create real products for real businesses.

The MOST team compares its model to Y Combinator, which has become one of the most successful accelerators in the world: initial investments, a three-month acceleration program, a strong community of founders, and a clear path to subsequent funding rounds. Now, following the example of YC, MOST adds capital to its existing accelerator readiness program.

What the MOST Accelerator Fund offers:

— $200,000 in investment per startup
— three months of acceleration and six months of support after investment
— free accommodation and office space at MOST Hub in Almaty for teams from other cities and countries
— access to corporations and support in launching pilot projects
— networking with the fund's venture partners.

The MOST Accelerator Fund is open to teams from Central Asia, the Caucasus, Mongolia, as well as international startups interested in entering regional markets. Key criteria include having an MVP, initial results, and a strong team.

Applications will open on April 14.

Source: MOST