Qazaqstan Investment Corporation has signed a deal with technology provider Prime Source - the leader of the IT market in Kazakhstan
BGlobal Ventures, a subsidiary of Qazaqstan Investment Corporation JSC and part of the National Managing Holding “Baiterek”, has become a strategic partner of Prime Source, a leading technology provider on the Kazakhstani IT market with 18 years of experience and over 400 successfully delivered projects.
The goal of this partnership is to jointly develop digital tools aimed at improving access to government support measures for small and medium-sized enterprises (SMEs).
The initiative is being implemented through Fin4B.GovCare.kz, a specialized digital solution that forms part of a broader ecosystem designed to support entrepreneurship and enhance the financial infrastructure.
The main objective of Fin4B.GovCare.kz is to simplify, accelerate and increase the transparency of the process of obtaining financing and government support for SMEs through the digitalization of key stages – from submitting an application to monitoring the efficiency of resource use.
The solution ensures consolidation and verification of information about companies, automated assessment of their needs, transfer and exchange of information with all subjects of the process, generation of reports and analytics for state and quasi-state structures.
As a result, the solution improves transparency and usability for businesses and financial institutions, reduces administrative barriers and the timelines for consideration and receipt of financing.
BGlobal Ventures’ participation in Fin4B.GovCare.kz exemplifies a well-structured, strategically aligned investment in the digital transformation of the business environment.
The solution has transparent growth prospects and high scaling potential within the ecosystem of digital services for business and financial institutions of Kazakhstan and the Central Eurasian region.
For reference:
Qazaqstan Investment Corporation JSC is a private equity fund established in 2007. Its main mission is to develop the private equity and venture capital market in Kazakhstan in order to promote sustainable economic development of the country. QIC is a subsidiary of Baiterek NMH JSC. For more information, please visit https://qic.kz/ru
BGlobal Ventures Ltd. is a private company and a subsidiary of Qazaqstan Investment Corporation. It operates under the umbrella of the national management holding “Baiterek.” The company’s primary mission is to develop the venture capital market in Kazakhstan.
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