Embrace fearlessness for budding entrepreneurs embarking on their ventures.
The "Baqytty Bisnes" program, a government-initiated social entrepreneurship support initiative, has been aiding individuals in Almaty, Kazakhstan, during the COVID-19 pandemic. Launched to help people start and sustain their businesses, the program provides grants, training, and mentoring.
In 2020 alone, the program saw a significant response. A total of 687 participants received grants, with 200 of these participants completing short-term professional training within the first direction of the program. Moreover, 1334 graduates of the "Baqytty Bisnes" project in 2020 have already launched their entrepreneurial activities.
One such success story is that of Zhenis Zhumaqulov, a private entrepreneur and graduate of the "Baqytty Bisnes" project. After receiving funding, he immediately bought equipment and opened a cafe in the catering industry. His establishment offers various dishes and works on delivery, catering to the needs of the local community. Zh. Zhumaqulov is planning to open a second point for his business and expressed gratitude towards the state for the support provided.
The city of Almaty allocated 1705 grants in 2020, with 818 going to graduates of the "Baqytty Bisnes" 2019. Furthermore, 2600 people in Almaty completed their studies under the program from March to September 2020.
Despite the high competition in the catering industry, Zh. Zhumaqulov's business has found success due to its acceptable prices and large demand among residents. He encourages others starting their businesses not to be afraid.
State and industry programs are being implemented in Almaty to ensure employment, with the city's chamber of entrepreneurs working on separate initiatives, including the "Baqytty Bisnes" project. The Employment Center in Almaty is also actively working during the pandemic.
However, without concrete, recent evidence or evaluation results directly from reliable sources, it is not possible to accurately assess how effective the "Baqytty Bisnes" project has been specifically in Almaty during the pandemic period. For a precise evaluation, official government reports or independent studies would need to be consulted.
- The "Baqytty Bisnes" program, a government-initiated social entrepreneurship support initiative in Almaty, Kazakhstan, not only provides grants but also encourages personal-finance management for small-business owners and aspiring entrepreneurs.
- The success of Zhenis Zhumaqulov, a private entrepreneur who received funding through the "Baqytty Bisnes" program, exemplifies the potential career opportunities in business and finance that the program offers.
- In the face of the COVID-19 pandemic, the "Baqytty Bisnes" project in Almaty has been instrumental in providing training, mentoring, and resources for individuals pursuing careers in entrepreneurship and small-business management.
