Abstract
Purpose of the research – is to identify alternative methods for stimulating investment in regional projects. Methodology employs a comparative analysis of financial instruments to assess their strengths and weaknesses, with crowdfunding identified as the most attractive option for SMEs. This approach also enables a comparison of crowdfunding platforms in Kazakhstan with those in other countries. Comprehensive and systematic methods were used to evaluate the current state of crowdfunding development in Kazakhstan, revealing weaknesses that can be addressed through recommendations provided by the study’s authors. Originality / value – the study examines a range of crowdfunding platforms as sources of investment opportunities and explores their potential for creating and developing investment projects in the regions of Kazakhstan compared to other financial instruments. Findings – the study analyzed innovative financing methods in Kazakhstan, evaluated major crowdfunding platforms, examined current government support measures for small and medium-sized enterprises in Kazakhstan, and developed recommendations for enhancing innovative methods to stimulate investment in regional projects.