Plug and Play, In Partnership With Astana Hub And TransTelecom JSC, Have Launched A Corporate Accelerator In Kazakhstan For Local And International Startups

In November 2021 partnership agreements were signed between Astana Hub, TransTelecom JSC, and Plug and Play Kazakhstan. The parties intend to work together to develop the startup ecosystem, attract investment, create and conduct acceleration programs and assist companies in reaching their innovation goals.

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“, society recognizes the importance of developing a startup ecosystem as a factor of economic development. We are convinced of the need for long-term and effective cooperation in the interests of our partners and the community, and we believe that it will contribute to strengthening the development of the startup ecosystem in Kazakhstan,” said Sanjar Taromi, country manager of Plug and Play Kazakhstan.

Plug and Play Kazakhstan, Astana Hub, and TransTelecom JSC have launched a corporate accelerator for 20 local and international startups. They will be able to advance skillsets under the mentorship of global experts, determine product-market fit, attract investments, scale up to other markets and launch pilots with leading corporations. Key players of the ecosystem will also have access to events and training programs from the regional office.

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“One of the startup’s main tasks after launch is to make the product highly demanded in the market. They all strive to become a legend, like Google, PayPal, or Dropbox. No one knows this better than the company that played a role in supporting these legends – Plug and Play. With the support of the Ministry of Digital Development, Innovations and Aerospace Industry of the Republic of Kazakhstan and through the partnership with TranTelecom JSC and Plug and Play Kazakhstan, we will continue to build up the potential of young IT companies,” said Magzhan Madiyev, CEO of Astana Hub.

“Delivering the most innovative and efficient products to our clients is of paramount importance for TTC. Partnership with Plug and Play will give us access to global startups and solutions, which will help bring innovative products and services to Kazakhstan. At the same time, we aim to introduce innovative companies and talented teams from Kazakhstan to the global arena. I believe that this partnership with Plug and Play will create a strong bridge between Kazakhstan and the global innovation ecosystem,” said Yerlan Minavar, Deputy CEO for Development and Innovation, TransTelecom JSC.

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