An IT hub for startups from Central Asia has opened in the Republic of Singapore
Author - Mansur Ismagulov
The Tech AI
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The Investbanq team, with the support of the Ministry of Digital Development, Innovations, and Aerospace Industry of the Republic of Kazakhstan, has opened the Nomadiq Innovation Hub. The project addresses the lack of infrastructure for scaling startups after the seed stage and Series A. The goal is to provide personalized support, access to large banks' tools, and overcome barriers to entering international markets.
Currently, the Kazakhstani venture ecosystem faces a number of key challenges, including the lack of adequate infrastructure supporting startups at the growth and scaling stages. As a result, many IT projects fail to overcome growth barriers after acceleration or seed stages, let alone after Series A.
Therefore, the domestic team Investbanq has opened an innovative Hub with the support of the Ministry of Digital Development, Innovations, and Aerospace Industry of the Republic of Kazakhstan. The mission of Nomadiq Innovation Hub is to help startups develop sustainable and innovative business models capable of competing on a global level.
The main goal of the project is to provide deep and personalized support to selected projects, ensuring startups access to the same tools and solutions that are typically available only to established and proven companies through major investment banks. The project founders are also focused on overcoming barriers to entering international markets and aim to position Kazakhstan as a promising platform for venture investors.
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