Kazakhstan launches program of grants for technology commercialization in 2014

ASTANA. January 9. KAZINFORM Technology Commercialization Center of the Ministry of Education and Science of Kazakhstan with the support of the World Bank announced the acceptance of applications for participation in the program of grants for technology commercialization in 2014 beginning January 10, according to the press service of the center, Kazinform refers to primeminister.kz.
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The purpose of the program is to identify commercial viability of ideas of applicants, their funding with the purpose of technology licensing, formation of start-up companies and selling high-tech products based on international best practices.

The program is designed for two types of grants. The first type of grant worth up to 150 thousand dollars will be provided for study of the concept - development of technical documentation and certification.

The second type of grant worth up to 500 thousand dollars will be given for the development of industrial design of products, beginning of experimental-industrial or small-batch production.

According to the organizers, competitions for grants are held in such priority areas as energy, deep processing of raw materials and products, information and telecommunication technologies.

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