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Kenes Rakishev Invites Entrepreneurs To Participate In BYB 22/23

The Saby Charitable Foundation is one of the oldest charities in Kazakhstan. It was founded by Kenges Rakishev and Aselle Tasmagambetova, then many others joined the case. Aselle Tasmagambetova is the source of ideas and plans for getting them done. Kenges Rakishev organises business community, attracts people and funds to the case, as well as supplies his own. It allowed Saby to prosper and be able to implement truly large-scale projects. One of them is Build Your Business contest: the honest, simple and effective booster kit for young entrepreneurs.

Kenges Rakishev is businessman and investor, widely known in Kazakhstan and beyond. His opinion on business is quite unique: Kenges Rakishev believes in business being instrumental in transforming society. Aselle Tasmagambetova and Kenges Rakishev never treat business projects as a way to get more money. It always has to be some social goodness in any successful company.

Since the beginning Build Your Business is focused on this idea. And those who won the previous BYB are mostly afloat.

Kenes Rakishev and Aselle Tasmagambetova call for new participants

Applications for the “Build your Business” competition are open, young businessmen can get grants in the amount of $10 thousand to $100 thousand.

The Saby Charitable Foundation has announced the launch of the IX annual contest to support young Kazakhstani entrepreneurs “Build Your Business”. The competition is held under the leadership of the President of the Saby Foundation Aselle Tasmagambetova with the support of famous Kazakhstani businessmen and patrons – Kenges Rakishev and Vyacheslav Kim. Educational and mentoring support is provided by permanent partners: the British audit and consulting company Ernst&Young and the multinational company Microsoft. The information partner of the contest is Forbes Kazakhstan.

Patrons of the contest, Kenges Rakishev and Vyacheslav Kim, president Aselle Tasmagambetova and numerous partners insist that the money prizes are given in a straight and plain form. No hidden schemes inside! No unneeded services or contract obligations added.

Young businessmen all over Kazakhstan have a chance to build a new business or strengthen an existing one with the help of gratuitous grants in the amount of $ 10 thousand to $100 thousand. Over the previous eight years of the competition, the Saby Foundation and patrons have provided more than 70 grants to aspiring entrepreneurs totalling almost $2 million. To date, with the support of the fund, projects are being implemented in various sectors of small and medium-sized businesses in various regions of the Republic of Kazakhstan. Among the successful winners of the competition are such well-known companies as Cerebra, Qazaq Republic, MedData.ai , Sheberkhana, Nurlab, Aquapoint, Dariya, Tazalyk, Kidslab, Oiko, etc.

The prize fund of the contest this year will be $200 thousand. The number of categories are yet to be announced.

Terms are simple, just and no strings attached: that’s what makes the contest popular

“The Saby Foundation has become a resource centre for 20 years of work, where many author’s social initiatives have been successfully implemented. Therefore, this competition is held at the foundation’s site, since it is a charity project in its purest form,” says Aselle Tasmagambetova.

“The winners receive grants completely free of charge, we do not take interest from them, we do not take part of the business. Our only desire is to help young aspiring entrepreneurs get on their feet and take their first steps in business. Our assistance is multi-vector in nature: in addition to financial support, most of the finalist projects receive orders from the fund for their products and services, marketing support, preferential rent, etc. For our part, we will make every effort to ensure that the Build Your Business contest continues its development and, in partnership with the largest representatives of the business community, plays the role of a kind of “social elevator” for the youth of our country.”

It’s as simple as that

To participate in the “Build Your Business” contest, you need to shoot a minute-long video about your project, publish it on social networks and submit an application on the website entrepreneur.saby.kz . Applications will be accepted until December 20, 2022 inclusive. The participants of the competition can be citizens of the Republic of Kazakhstan aged from 18 to 35 years. You can learn more about the terms of participation in the competition on the same website – entrepreneur.saby.kz.

Kenes Rakishev, Aselle Tasmagambetova and the Saby Foundation

Aselle Tasmagambetova is the president of Saby Foundation since the very first day of the charity. Kenges Rakishev is a influential entrepreneur and investor. Saby Foundation is active sponsor of cultural events, helps to develop better environment for regions of Kazakhstan. Saby Foundation work on many programmes. Thanks to Kenges Rakishev and Aselle Tasmagambetova, Vyacheslav Kim and all the patrons, friends and partners of the Foundation the charity changed lives of many Kazakhstanis. Build Your Business contest is a part of this activity.

Source: Warsaw Point

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