Support of entrepreneurship in Kazakhstan

2020

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DOI 10.46914/1562-2959-2020-1-3-34-41
Data confidence 70 medium
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Abstract

The development of entrepreneurship is an important goal of the state. State policy is aimed at supporting entrepreneurship. The strategy “Kazakhstan 2050” within the framework of comprehensive support for entrepreneurship contributes to the achievement of this goal. The “Enbek” Program for the Development of Productive Employment and Mass Entrepreneurship for 2017-2021 is being actively implemented. The DKB-2025 program promotes support for small and medium-sized businesses. Development program of the agro-industrial complex of the Republic of Kazakhstan “Agrobusiness 2017-2021” supports rural entrepreneurs. These programs are tools and support for the development of entrepreneurship. For interaction between the state and business, a public-private partnership mechanism was developed to modernize the infrastructure using modern management methods. The European Bank for Reconstruction and Development (EBRD) provides support to small and medium-sized enterprises in Kazakhstan. Since these are non-commercial programs for the development of SMEs, the bank provides grants both for financing and provides consultations. Since now many market conditions, as well as the business market itself, are changing due to the creation of new technologies, the entrepreneurs themselves need to adapt their business to the market. In this situation, organizations that support the business help. Startup acceleration programs such as Astana HUB and Tech Garden create a platform for startup creators and investors. The creation of high-tech industries with an innovative component will make it possible to create goods of the future with an export-oriented component.