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Astana to announce winners of world competition of startups on “green economy”

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The aim of the contest is to involve the international innovative start-up projects, the companies, venture capital funds and early developers for the development of “green economy”, renewable and alternative energy sources, as well as the promotion of EXPO-2017 in the international arena.

According to the organizers, Newenergy global startup fest is one of the key projects for Kazakhstan, because it will help to promote EXPO 2017; increase the investment attractiveness of Kazakhstan, attract the international banks, investment and venture capital funds, and create conditions for the development of the innovation and start-up culture in the country.

Thus, the contest took place in several stages. Until October 1, the official website of the event was open to accept the applications for participation for start-up projects. It received 784 applications from 55 countries – the US, Australia, Russia, China, Canada, Israel, France, Indonesia, Norway, Sweden, Ireland, India, Turkey, Denmark, Finland, Switzerland, Nigeria, Egypt, Angola, etc. The organizers noted that the contest was evaluated by the best international experts in this field.

The experts selected the top 100 projects. The startups will present themselves in the pitch for 90 seconds. The visitors will also get to know the teams and their developments at the exhibition stands of each of the projects.

According to the results of the competition the top 30 start-up projects will be awarded, which will take part in the international exhibition Astana EXPO � 2017. The sponsors and partners of the contest will award the best projects with special prizes.

Newenergy global startup fest is expected to be visited by more than 1,500 participants from 55 countries, as well as international investors, venture capital funds, accelerators, business angels, and scientific elite in the field of alternative energy experts.

Source: Kazakhtan 2050

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