BGlobal Ventures and UC Venture Fund signed a memorandum of understanding at Digital Bridge 2023 in Astana

BGlobal Ventures, a leading venture capital fund, is proud to announce the signing of a memorandum of understanding with UC Venture Fund on October 12, 2023 at Digital Bridge 2023.

The memorandum, signed by Bglobal Ventures CEO Absamet Abai Sakenovich and UC Venture Fund Director Usmanbekova Yulduz Aloviddinovna, establishes strategic cooperation between two leading venture capital organizations.

According to the memorandum, the parties intend to work together in the following areas:

1. Establishing a framework for the implementation and assistance in organizing platforms and platforms to support the venture investment market in Kazakhstan, Central Asia and the Caucasus, as well as to develop the startup community and strengthen cooperation in these regions.
2. Supporting the development of the competitiveness of startup projects from the region both within and outside it, attracting foreign investment and creating a favorable business climate in Kazakhstan, Central Asia and the Caucasus through the exchange of startup projects.
3. Participation in programs and events of Bglobal Ventures and UC Venture Fund to support startup projects and business angels from the region.

This memorandum confirms the commitment of Bglobal Ventures and UC Venture Fund to develop the innovation ecosystem and venture investment in the region and reflects their common efforts in this direction.

About the company: UC Ventures is a venture fund that invests both in promising international startups and projects in Uzbekistan. The company not only provides financial support, but also establishes strategic partnerships to ensure the long-term success of projects. More detailed information can be found on the company’s official website: https://ucventures.uz/