During a visit to the U.S., Kazakhstan’s Minister of Digital Development, Innovation, and Aerospace Industry Zhaslan Madiyev signed four contracts with Alchemist X, Stanford Healthcare Innovation Lab, Draper University, and Silkroad Innovation Hub. Through these contracts, 50 startups from Central Asia will have the opportunity to undergo training and a residency program in Silicon Valley this year.
As the Kazakh Ministry of Digital Development reported, Alchemist’s five-month intensive program in Silicon Valley is designed for “mature” B2B startups. It aims to help them successfully enter the American market. Program participants will receive comprehensive support, including assistance in concluding first contracts with clients, attracting investment, studying client needs, and interacting with experienced mentors.
Ten startups from Kazakhstan, Kyrgyzstan, and Uzbekistan were selected from the 81 applications submitted for the Alchemist X program.
More than 20 startups will also participate in the Silicon Valley Residency Program, an online pre-acceleration program. Based on the results of this program, startups will be selected to undergo an offline program at the Silkroad Innovation Hub in California.
The minister also signed a letter of intent (LOI) with Draper University to send 10 Kazakhstani startups to participate in this fall’s Hero Training program, designed for early startups.
Madiyev also signed a memorandum with Stanford School of Medicine to launch a new six-week program for 10 Kazakhstani startups for technologies in healthcare. The program will be held at the Stanford Healthcare Innovation Lab and is designed for startups working in AI in healthcare, genomics, bioinformatics, biological sciences, precision medicine, neuroscience, and psychology.
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