Applications for the ninth Build Your Business competition are now open

Saby Charitable Foundation announces the launch of the IX annual competition to support young Kazakhstani entrepreneurs "Build your own business". The competition is held under the leadership of the President of the Saby Foundation, Aselle Tasmagambetova, with the support of well-known Kazakhstani businessmen and philanthropists - Kenes Rakishev and Vyacheslav Kim. Educational and mentoring support is provided by permanent partners: the British audit and consulting company Ernst & Young and the multinational company Microsoft.

Young businessmen across Kazakhstan have a chance to build a new business or strengthen an existing one with grants ranging from $10,000 to $100,000. Over the previous 8 years of the competition, the Saby Foundation and patrons have provided more than 70 grants to start-up entrepreneurs totaling almost $2 million. Today, with the support of the Foundation, projects are being implemented in various sectors of small and medium-sized businesses in various regions of the Republic of Kazakhstan. Among the successful graduates of the competition are such well-known companies as: Cerebra, Qazaq Republic, MedData.ai, Sheberkhana, Nurlab, Aquapoint, Dariya, Tazalyk, Kidslab, Oiko, etc.

The prize fund of the competition this year will be $200,000.

- Over the 20 years of operation, the Saby Foundation has become a resource center where many original social initiatives have been successfully implemented. Therefore, this competition is held at the site of the Foundation, since it is a pure charitable project, - says Aselle Tasmagambetova, - The winners receive grants completely free of charge, we do not take interest from them, we do not take part of the business. Our only desire is to help young start-up entrepreneurs get on their feet and take their first steps in business. Our assistance is of a multi-vector nature, because, in addition to financial support, most of the finalist projects receive their first orders for products and services, marketing support, preferential rent, and so on from the Foundation. For our part, we will make every effort to ensure that the Build Your Business competition continues its development, and, in partnership with the largest representatives of the business community, plays the role of a kind of “social elevator” for the youth of our country.”

To participate in the competition, you need to shoot a one-minute video about your project, publish it on social networks and submit an application on the website www.entrepreneur.saby.kz. Applications will be accepted until December 20, 2022. You can learn more about the conditions for participation in the competition on the same website - entrepreneur.saby.kz.

Believe in yourself and apply!