The EDB Fund for Digital Initiatives hosts discussions on digital technology and innovations for Eurasia
Almaty, 28 June 2024.
The Eurasian Development Bank’s (EDB) Fund for Digital Initiatives hosted the Digital Technology and Innovations for Eurasia session on the sidelines of the EDB Business Forum.
Attendees included representatives from the International Telecommunication Union, the Astana International Financial Centre, National Information Technologies, project developers from the Fund for Digital Infinitives, and winners of its 2024 Digital Project Competition.
Participants discussed global experiences, current problems and challenges in supporting digital startupsby national and international financial institutions, prospects of introducing venture capital investments for digital projects in Eurasia, and the opportunities for exporting and scaling the best digital solutions in the region.
The Fund for Digital Initiatives’ has become a traditional platform for discussing topical issues of digital transformation in Eurasia and exchanging views between government, business and international institutions.
“We need to catch a certain nerve of feedback – industry and startups are not only beneficiaries of the EDB Fund for Digital Initiatives. They are, at the same time, a source of change in our agenda and our activities. We always keep track of and analyse what our partners say. We try to do it systematically and move towards improving our programmes. Today’s event is no exception. We will present projects and results and hear proposals,” said Tigran Sargsyan, EDB’s Vice Chairman of the Management Board.
The session featured presentations of projects by the EDB Fund for Digital Initiatives, including the BEE-ONLINE.ru digital platform for the light industry, which won an ADFIAP Sustainable Award 2024 in Trade Development, the ATTILAN international tele-rehabilitation ecosystem, and the National Investment Platform of Kazakhstan’s Ministry of Foreign Affairs. A project to establish a certification centre for the development of e-government systems in Tajikistan was also presented.
Additionally, the session showcased the winning projects of the Fund for Digital Initiatives’ 2024 Competition: an IT platform for eco-volunteering events by Clean Games, and a learning management system for corporations and EdTech-companies by Impulse.
Additional Information:
The EDB Fund for Digital Initiatives was established in June 2020. Its objective is to assist the EDB member states in creating digital transformation tools and practices by integrating their information resources and participating in the development and financing of projects. The Fund’s flagship project is the COVID-19-Free Travel mobile app used in nine CIS countries.
The Eurasian Development Bank (EDB) is a multilateral development bank investing in Eurasia. For more than 18 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries. The EDB's charter capital totals US $7 billion. Its portfolio consists principally of projects with an integration effect in transport infrastructure, digital systems, green energy, agriculture, manufacturing and mechanical engineering. The Bank adheres to the UN Sustainable Development Goals and ESG principles in its operations.
The EDB Media Centre:
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