{"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='BFC FinTech Monitor 20th &#8211; 27th February'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/bfc-fintech-monitor-20th-27th-february\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/02\/bfc-fintech-monitor-20th-27th-february-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-14548\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-14548'>\n\t\t\t\tBFC FinTech Monitor 20th &#8211; 27th February\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='How Sberbank created a personal recommendation &#8220;Tips&#8221; service'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/how-sberbank-created-a-personal-recommendation-tips-service\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/12\/How-Sberbank-created-a-personal-recommendation-Tips-service-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-7577\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-7577'>\n\t\t\t\tHow Sberbank created a personal recommendation &#8220;Tips&#8221; service\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='5 steps for financial institutions to secure their digital banking channels'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/5-steps-for-financial-institutions-to-secure-their-digital-banking-channels\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/11\/3a889289-06b5-4748-a89c-708596f32a7c1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15548\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15548'>\n\t\t\t\t5 steps for financial institutions to secure their digital banking channels\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}]}}