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Memorandum on cooperation was signed between Autonomous cluster fund “Innovation Park” and JSC “Bank of Astana”

Ceremony was performed within “Week of innovations”, organized by the fund in Almaty. Subject of present Memorandum is establishment of partner relations, development of long-term, efficient and mutually advantageous cooperation, performance of joint actions with the purpose of assistance to development of business incubator Tech Garden and projects of the fund “Innovation Park”. 


Parties agreed on coordinated actions on formation and implementation of set of measures, aimed at efficient development of innovations, and also on joint work on priority projects and creation of conditions for introduction of developed technologies and products.


Memorandum with JSC “Bank of Astana” discovers following opportunities for fund “Innovation Park”:
– implementation of innovation programmes and programmes with the assistance of the Bank;
– capacity development, which is necessary for development of business incubator 


Tech Garden;
– organization of exhibitions of innovation projects and measures in the area of innovation activity.


Cooperation with fund “Innovation Park” is one of sponsor projects for JSC “Bank of Astana”, aimed at support of initiatives, related to development and promotion of domestic innovation developments and start-ups. Joint work with the fund is agreed with development concept of the Bank, rendering hi-tech financial services. The Bank introduces and actively uses the newest systems and mobile applications for remote servicing of its customers, and this simplifies performance of bank operations and saves time and money of customers.    


For reference:
Autonomous cluster fund “Innovation Park” (IP) is governance board of Innovation cluster “IP” (Almaty Tech Garden) since April 24, 2015. It was found by the Government of the RK and supervised by the Ministry on investments and development of the RK. Supervisory board of the Fund is managed by the President of the Republic of Kazakhstan; Management committee of the Fund is managed by the Prime-minister of the Republic of Kazakhstan.