{"id":17676,"date":"2024-06-25T18:34:08","date_gmt":"2024-06-25T18:34:08","guid":{"rendered":"https:\/\/bulletins.bfconsulting.com\/?p=17676"},"modified":"2024-06-25T18:34:08","modified_gmt":"2024-06-25T18:34:08","slug":"sturgeon-capital-fund-empowering-tech-innovation-in-central-asia","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/sturgeon-capital-fund-empowering-tech-innovation-in-central-asia\/","title":{"rendered":"Sturgeon Capital Fund: Empowering Tech Innovation in Central Asia"},"content":{"rendered":"<p>The International Finance Corporation (IFC) is investing USD 5 million in Sturgeon Capital&#8217;s new venture fund, which targets fintech, agritech, healthtech and edtech startups in Central Asia. The fund aims to help entrepreneurs scale their businesses, improve operational efficiencies and create jobs. Despite the region&#8217;s potential to generate USD 300 million in annual digital revenue by 2030, startups often struggle to raise capital. The funding is being provided as part of IFC&#8217;s <em>Startup Catalyst Program<\/em>, which has supported over 2,800 entrepreneurs in 24 countries since 2016.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-17676 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Unlocking the Future: Tokenized Deposits, Stablecoins and CBDCs'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/unlocking-the-future-tokenized-deposits-stablecoins-and-cbdcs\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2023\/12\/4349bd5f-1c04-d9fa-75f3-a3ab5718ad061-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-17574\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-17574'>\n\t\t\t\tUnlocking the Future: Tokenized Deposits, Stablecoins and CBDCs\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Taking the internet out of IoT'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/taking-the-internet-out-of-iot\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/12\/taking-the-internet-out-of-iot-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-11866\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-11866'>\n\t\t\t\tTaking the internet out of IoT\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Russian banks\u2019 tentative start with open APIs'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/russian-banks-tentative-start-with-open-apis\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/06\/russian-banks-tentative-start-with-open-apis-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12905\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12905'>\n\t\t\t\tRussian banks\u2019 tentative start with open APIs\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The International Finance Corporation (IFC) is investing USD 5 million in Sturgeon Capital&#8217;s new venture fund, which targets fintech, agritech, healthtech and edtech startups in Central Asia. The fund aims to help entrepreneurs scale their businesses, improve operational efficiencies and create jobs. Despite the region&#8217;s potential to generate USD 300 million in annual digital revenue &hellip;<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/17676"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=17676"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/17676\/revisions"}],"predecessor-version":[{"id":17677,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/17676\/revisions\/17677"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=17676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=17676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=17676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}