Kazakhstan has 2 cities in the top 1000 and is one of Central Asia’s best countries for setting up a startup.
Kazakhstan’s startup scene saw an increase in 2023 and jumped 1 spot from the previous year, outranking Albania.
Kazakhstan’s startup ecosystem is still in the early stages of development, and there remains much to be done to continue developing and solidifying the country’s position as a hub for Central Asia. The country’s economy is mainly sustained by the oil and gas industry, and the country aims to transition to a knowledge-based digital economy. Thankfully, there are plenty of potential funding opportunities for developing initiatives that can support growth and innovation.
The government is taking confident steps toward attracting startups by creating innovation technology parks, hubs, and accelerator programs. Thanks to these initiatives, Kazakh startups have access to capital at early stages in their development. Additionally, the government invested in Astana to help develop the city into a financial center, and the Astana Hub, a technopark of IT startups which successfully plays a pivotal role in the development of foreign and Kazakhstani technology companies. Moreover, the National Entrepreneurship Development Project for 2021-2025 provides government funding to entrepreneurs. Another government initiative is the Business Roadmap 2025, which aims to support new business initiatives in monotowns, small towns, and rural settlements, as well as priority industries.
Other than a strong economy which can actively support its local startup ecosystem, an additional advantage for Kazakhstan is the support of universities in the startup scene. Most notably, Nazarbayev University established an Innovation Cluster (NURIS) that offers resources, training, and investment for high-tech. Furthermore, Kazakhstan is the only country in the region for UNICEF’s pilot initiative to create and implement Digital Public Goods (DPGs), which improves learning outcomes and access to education.
The development of the Kazakhstan startup ecosystem depends on the country’s openness to the international community. As a country with a developing startup scene, Kazakhstan now has the opportunity to set the foundation for future growth. Attracting foreign investment and continuing to encourage entrepreneurship should be a key focus for the country.
Understand our ranking methodology and get the latest insights on the startup ecosystems of 100 countries and 1000 cities around the world!
Kazakhstan is ranked within the top 100 startup ecosystems globally.
Kazakhstan’s startup scene is best represented in Education, Marketing & Sales, and in Software and and Data.
2023 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
---|---|---|---|---|---|---|
1st 0 | 318th + 25 | 1.202 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 430th + 203 | 0.717 | 00.00 | 00.00 | 00.00 |
On our map, you can explore a total of 65 startups for Education.
In Central Asia, Kazakhstan's Marketing & Sales is in top 52. Kazakhstan has a concentration of about 19 of the region's total Marketing & Sales startups that are represented on our map.
Kazakhstan's Software and Data is ranked 58th in the world. Our database contains 14 for this industry.
Apply to join hundreds of leading ecosystem developers and represent the Kazakhstan startup ecosystem at no cost.
Join Now! Startup Ecosystem Development is a dynamic topic that requires keeping up with the most innovative policies, developments, and practices in the global startup scene. To bring startup ecosystem developers around the world together and help them to network and share knowledge, we decided to launch the StartupBlink Ecosystem Development Community on Slack. In […]
Download the Barcelona and Catalonia Report Ecosystem Report
Download the Global Startup Ecosystem Index Unlock the full list of Influencers with the StartupBlink Pro Purchase Now Key Insights: US Entrepreneurs are in a much better position to become influencers The United States has 130 influencers, representing 80% of all influencers globally, mainly hailing from major cities such as San Francisco, New York, […]