{"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='Raiffeisenbank Releases FinTech Forecasts 2025 Report'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/raiffeisenbank-releases-fintech-forecasts-2025-report\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/04\/e5416ce7-bfac-4744-9e3d-a11b11f98baa-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15990\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15990'>\n\t\t\t\tRaiffeisenbank Releases FinTech Forecasts 2025 Report\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='EC to Launch Fintech Challenge for Ukraine Initiative'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/ec-to-launch-fintech-challenge-for-ukraine-initiative\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2022\/05\/de25c83e-b22e-cf3f-968b-30c3dba449e91-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16665\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16665'>\n\t\t\t\tEC to Launch Fintech Challenge for Ukraine Initiative\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Kazakhstan, the second country in the world to regulate cryptocurrencies'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/kazakhstan-the-second-country-in-the-world-to-regulate-cryptocurrencies\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/Kazakhstan-the-second-country-in-the-world-to-regulate-cryptocurrencies-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-6865\" loading=\"lazy\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/Kazakhstan-the-second-country-in-the-world-to-regulate-cryptocurrencies-150x150.jpeg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/Kazakhstan-the-second-country-in-the-world-to-regulate-cryptocurrencies-100x100.jpeg 100w\" sizes=\"(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-1-6865'>\n\t\t\t\tKazakhstan, the second country in the world to regulate cryptocurrencies\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}]}}