{"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='Video panel: the future of finance'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/video-panel-the-future-of-finance\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/07\/The-Future-of-Finance-Leveraging-Digital-Transformation-for-Business-Continuity-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-15105\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15105'>\n\t\t\t\tVideo panel: the future of finance\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Payment solutions for a new world: biometric payment cards'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/payment-solutions-for-a-new-world-biometric-payment-cards\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/09\/1f008ebd-3e5a-407c-8c01-e704f01032971-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-15277\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15277'>\n\t\t\t\tPayment solutions for a new world: biometric payment cards\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Will online cash registry crash Russian small businesses?'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/will-online-cash-registry-crash-russian-small-businesses\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/Will-online-cash-registry-crash-Russian-small-businesses-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-6869\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/Will-online-cash-registry-crash-Russian-small-businesses-150x150.jpg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/Will-online-cash-registry-crash-Russian-small-businesses-100x100.jpg 100w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-6869'>\n\t\t\t\tWill online cash registry crash Russian small businesses?\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":[],"class_list":["post-17676","post","type-post","status-publish","format-standard","","category-fintech","category-international-fintech","bulletin_edition-05_may-fintech-2024","bulletin_edition-fintech-2024","b_post_type-the-fintech-world"],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/17676","targetHints":{"allow":["GET"]}}],"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}]}}