100 best startups compete for participation in EXPO-2017
Best projects in alternative energy were selected at the NEWENERGY global startup fest in Astana. Nearly 800 inventors from 55 countries submitted applications for the contest. 100 startups passed a strict selection to enter the competition. The startups are focused on developing green technologies and alternative energy, which coincides with the theme of the upcoming world’s fair “The Future Energy.” Two Kazakh startups have been finally selected for participation at the Expo-2017. One of them is a tech idea on developing a hybrid illumination system with vertical wind turbines that can generate electricity from wind with any wind direction.
KANAT BOZUMBAYEV, KAZAKH MINISTER OF ENERGY
The purpose of the competition is to get bring those projects to Kazakhstan. They will receive additional investment and incentives.
A unique event to be held in Astana is not only an opportunity for presenting projects in alternative energy. Developers have found investors and business angels to it. The top 30 startups will come to Astana next year as the participants of the international exhibition "EXPO-2017".