About company

Mission

Assistance to the development of technological entrepreneurship through the tools of venture financing, business incubation and expert technology support

Vision

By 2024, the key Institute for the development and implementation of technological innovations in Kazakhstan


Main task

АО «QazTech Ventures»

QAZTECH VENTURES JSC In 2011, the National Agency for technological development JSC was created on the basis of the National Innovation Fund JSC established in 2003. In accordance with the decree of the President of the Republic of Kazakhstan dated May 22, 2013 No. 571 "On certain measures to optimize the management system of development institutions, financial organizations and the development of the national economy", the Company's Sole shareholder is National Managing Holding "Baiterek" JSC. Based on the decision No. 07/19 of NMH "Baiterek" JSC dated January 30, 2019, NATD JSC was renamed to QazTech Ventures JSC (hereinafter - the Company). In accordance with the Company's Charter, the Company's activity is to assist in ensuring the coordination of industrial and innovative development processes and providing state support for industrial and innovative activities.


Types of activity

IN ACCORDANCE WITH THE CHARTER

The Company's activities are:
  1. making investments in industrial and innovative projects by participating in the authorized capital of subjects of industrial and innovative activity, creating legal entities with foreign participation, creating or participating in investment funds, venture funds and other ways provided for by the legislation of the Republic of Kazakhstan;
  2. assistance in the development of risk investment funds, venture funds and venture financing;
  3. organization of training events in the fields of technological entrepreneurship and technology development;
  4. project expertise (technological, financial, economic, legal);
  5. providing information, analytical and consulting services in the field of innovation development;
  6. providing services of service and technology consulting, including assistance in the development of risk investment funds, venture funds and venture financing within the framework of its activities;
  7. cooperation with international organizations in order to attract information, educational and financial resources to stimulate the technological development of priority sectors of the economy.

Number of personnel

Personnel policy of QazTech Ventures JSC

It is based on the attitude to employees as the main capital and key resource of the Company's development. Currently, the Company has a full-time staff that numbers to 53 people.