Kazakhstan intends to develop start up projects in green techs’ field

30 July, 2018, 10:19 274
Kazakhstan intends to develop start up projects in green techs’ field

The GCIP program is aimed at supporting start-up projects in the field of "green" technologies. GCIP country partners, which have received grant funding from the Global Environment Facility (GEF), conduct a competition among entrepreneurs in their countries and choose the most promising projects for their acceleration and commercialization.

Science and Technology Center of Housing and Utilities Modernization and Development (KazSTC for H&U) held a meeting with representatives of UNIDO -United Nation Industrial Development Organization. The sides discussed joint participation on the Global Cleantech Innovation Programme (GCIP).

KazSTC for H&U and UNIDO work on basic trends for preparation and submission of the joint bid to GEF. In the event of receiving a grant, it is planned to carry out systematic work on the collection, selection, acceleration, and commercialization of projects. It is expected from 100 to 200 representatives of small and medium-sized businesses will participate in the planned competitions but only two finalists will go to Silicon Valley to develop and promote their business.

It should be noted due to this project Kazakhstan will possess new technological business products for solving the issues of rational use of water and energy resources and creating models for the sustainable development of cities in the infrastructure and housing sector.

"In our turn, KazSTC for H&U will make every effort to promote Kazakhstan’s innovation start-up projects and development of ecologically clean technologies,” first deputy chairman of the board of KazSTC for H&U Adilkhan Umerbayev told.

It should be noted that about 900 applications from 9 countries (Armenia, India, Malaysia, Pakistan, Turkey, Africa, Vietnam, Brazil, Thailand) were submitted to UNIDO / GEF in 2014, more than 100 applications were accepted for participation in the program.