Applications for participation in the Seed Money program have begun.

Applications are open until November 17, 2023.

Seed Money is a program aimed at developing IT startups. The program provides funding for IT startups in priority areas of information and communication technologies at various stages of development. Funding is provided on a revenue share model, which implies a reciprocal obligation to pay 1% of the revenue from project implementation for five years after the funds are utilized.

What participants can expect within the Seed Money program:

— project development funding up to 10,000,000 tenge

— tax benefits as an Astana Hub participant

— consultations and tracking by qualified experts

— quality networking and a community of over 500 IT companies.

Who can become a program participant:

— graduates of Astana Hub acceleration and incubation programs, participants in events at Astana Hub technology centers

— priority directions or applied technologies for which applications are accepted: artificial intelligence, blockchain, games development, space technology, defence technology, smart city, hardware.

Detailed information about the funding program and participation conditions is available on the Astana Hub website at this link.

Source: astanahub.com