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The expert committee’s main criteria of selecting projects included competitiveness of the proposed solutions and the presence of an innovation component.

The National Innovation Fund has summed up the program of technology business incubation by selecting 40 projects totaling 245.4 million tenge, according to KazTAG citing the press service of the organization. Sector-wise, more than 30% of selected projects pertained to agriculture, 20% to construction and production of building materials, 17.5% to energy and 15% to information and telecommunication technologies. The program involves industrial parks in Almaty, Karaganda, Astana, Ust-Kamenogorsk, Uralsk, and Shymkent.

To read the full, original article click on this link: National Innovation Fund directs 40 projects worth 245 million tenge to business incubation