Republic of Kazakhstan

Ministry of Industry and New Technologies

National Innovation Fund JSC (NIF)

Mission: Promotion of productivity growth and transformation of the industrial structure towards high tech sectors

GOAL AND DIRECTIONS OF ACTIVITY OF NIF JSC

Foundation
NIF JSC was founded on May 30, 2003 by the Government Decree

Goal
Support in increasing of innovation activity in the country and development of hightech and science absorbing industries

Directions of activity
1 Non-control participation in the authorized capital of Kazakhstan as well foreign venture funds, performing financing of innovations creation and introduction 2 Financing of innovations creation and introduction by share non-control participation in the companys authorized capital and/or by finance leasing 3 Organizing and implementation of measures, aimed to increasing innovation activity in the country 4 Developing of innovation infrastructure like technological business incubators (implemented by NIF JSC branch organization - Engineering and Technology Transfer Center JSC (CETT JSC)

More detailed information is available on www.nif.kz

STRUCTURE OF NIF COMPANY GROUP

Ministry of Industry and New Technologies

NIF

Authorized capital $250 mln.

Investment activity

KazSat

CETT

Project companies 9

Venture funds 9

R&D projects 50

Technoparks 8

Design bureaus 2

Foreign hightech companies 4

There are 26 companies in NIF group. Now we are working on optimization to increase our efficiency.
More detailed information is available on www.nif.kz

INVESTMENT ACTIVITY
Project financing
During 2003-2010 NIF has financed 15 projects. Total cost: $110 mln. , share of NIF - $35 mln. NIF has exited from 6 projects 9 projects are realized now total cost: $60 mln., share of NIF - $23 mln.

Venture financing
From 2003 till 2010 NIF has created 6 first venture funds in Kazakhstan 5 foreign venture funds (Wellington Partners Ventures III, Flagship Ventures Fund, Vertex III Fund, Mayban-JAIC Asean Fund , CASEF) have been financed Investments in Kazakhstan venture funds $23 mln. , foreign $25 mln.

R&D financing
In 2003-2010 NIF has financed 50 R&D projects totaling $3.5 mln. NIF owns 50% rights to patents, based on the results of realized R&D projects R&D projects are realized in the following sectors: ICT, biotechnology, medicine, metallurgy, chemistry, oil & gas, agriculture, alternative energy industry Now an active work is proceeded on commercialization of R&D projects results

More detailed information is available on www.nif.kz

POTENTIAL WAYS OF COOPERATION

Creation of joint branch and regional venture funds with the key Kazakhstan players

Currently, there is an interest of some potential investors KazakhTelecom JSC (telecom monopolist) is ready to create a branch venture fund in ICT with NIF participation Administration of Mangystau region (rich in oil) is ready to create a regional venture fund with the authorized capital of $15 mln with NIF participation, and invest $10 mln

We are ready to invest comparable sums, and are searching for foreign partners, who can be coinvestors in these venture funds and/or become management companies of these funds
More detailed information is available on www.nif.kz

POTENTIAL WAYS OF COOPERATION

Financing of joint high-tech projects

Currently, NIF proceeds the work on searching and attracting foreign companies for the purpose of realization of joint high-tech projects on the territory of Kazakhstan NIF is ready to give a financial support to foreign partners in project realization by investing up to 49% share in the project authorized capital You can take participation in the project with the Intellectual Property, which can be valued up to 20% of project cost NIF is ready to facilitate in getting of administrative support in the realization of such projects (solution of problems with the Government and local executive agencies) NIF is ready to give any consultations to the high-tech companies willing to start working in Kazakhstan

More detailed information is available on www.nif.kz

POTENTIAL WAYS OF COOPERATION

Special Economic Zone Park of Information Technologies Alatau" is an ideal place in Central Asia for doing HiTech business
NIF is planning to expand its direction from ICT to HiTech sectors like alternative energy, electronics, nanomaterials , etc. Search for potential participants Search for potential foreign management companies In the near future International IT University (in the partnership with Carnegie Mellon) will be located in SEZ PIT Alatau Government procurement of ICT products and services will be realized in SEZ PIT Alatau Park area - 163 ha, Used - 14 h, Preferences:
No Corporate tax No land & property tax No VAT No Customs Duty 100% foreign ownership allowed No restrictions on capital, trade barriers or quotas 0% land lease Low rental cost

More detailed information is available on www.nif.kz

OUR CONTACTS

Mr. Aidyn Kulseitov Chairman of the Management Board Phone No. +7 (7172) 57 10 15 Email: ak09@nif.kz

Mrs.Aigerim Kaskyrbekova Head of International Affairs Department Phone No. +7 (7172) 57 10 14 (int. 241) Email: Aigerim.Kaskyrbekova@nif.kz

Thank you for your attention!

WEBSITE: www.nif.kz