Startups from Central Asia will head to Silicon Valley to participate in acceleration programs

Minister of Digital Development Zhaslan Madiev signed four contracts with Alchemist X, Stanford Healthcare Innovation Lab, Draper University, and Silkroad Innovation Hub, enabling 50 startups from Central Asia to undergo training and participate in a residency program in Silicon Valley. Supported by the Ministry of Digital Development, Astana Hub, the World Bank, and the FPIP project, these programs will provide startups with comprehensive assistance, including securing initial contracts, attracting investments, and gaining access to the community at Silkroad Innovation Hub.

Out of 81 applications for the Alchemist X program, 10 startups were selected, including companies from Kazakhstan, Uzbekistan, and Kyrgyzstan. More than 20 startups will participate in the Silicon Valley Residency Program, which consists of an online pre-acceleration phase and an offline program in Palo Alto. Additionally, the minister signed a letter of intent with Draper University to send 10 Kazakh startups to participate in the Hero Training program and a memorandum with Stanford Medical School to launch a six-week program for healthcare startups.
Source: gov.kz