Kazakhstan to launch new project to support students’ business initiatives

The Otandastar Foundation plans to launch a new project entitled “Kazakh business camp” that will help Kazakh students who returned from abroad open and build their own businesses, the developers are sure. This was announced by the Advisor to the Foundation’s President Didar Bolat during a meeting with students in the capital. According to him, the vast majority of young people coming from abroad leaves the country again after graduation, because they do not see the chance to make their businesses grow in Kazakhstan and are afraid to take risks. Therefore, work is underway on another project to support these students, the expert said.

“We started this program in 2019. We suspended this work because of the pandemic. Now we are starting to work on this project again. The main goal is to support young people who often have a lot of business ideas. We intend to help them develop their businesses and by this, increase the number of people successfully employed in entrepreneurship in the country,” said Didar Bolat, Advisor to President of Otandastar Foundation.

Nearly 7,000 Kandas people study in 20 universities of the country today. Most of them came from Mongolia, China, Uzbekistan and Russia.

Translation by Saniya Sakenova

Editing by Saule Mukhamejanova