World Bank representatives: Ms. Marialisa Motta, Finance, Competitiveness and Innovation Global Practice Manager for Europe and Central Asia, Ms. Stefka Slavova, Chief Economist, Mr. Paulo Correa, Counsellor, as part of the performance monitoring and analysis, visited the sub-projects of the Fostering Productive Innovation Project implemented by SC MOES RK jointly with the World Bank. In particular, three very successful subprojects were monitored: Genesis, Green-lab and X-matrix.

Genesis. The company is specialized in genotyping, identifying the breeding origin of cattle and subsequent registration of the genetic passport. The company is quite a successful enterprise and the first company to receive an international quality certificate in the field of genetic studies of agricultural animals to confirm the breed and breeding origin.

World Bank representatives asked various questions regarding the project implementation, investments by the Bank and the state, and future development prospects of the company.

Alexander Shustov, project manager, pointed out that without grant support the project would not have been possible due to the high cost of purchased equipment. In future, the company is planning to expand and further commercialize its innovative technology through a commercialization specialist and by symbiosis of business and science, and also take orders from foreign companies.

X-matrix Project Manager - Abugaliev Kabylbek is a practicing combiologist (burn surgeon). He presented his innovative biological bandage to WB team. The bandage heals burn wounds three times faster than an ordinary bandage, told about competitive advantages of his product such as cheapness, speed and composition, that makes it attractive for Muslims. He also shared the prospects of his project, where after a successful launch on the market, he is planning to cede management of the project to an experienced manager, and to focus on medical science.

Green lab. Almagul Kakimzhanova, project manager, spoke about micropropagation and showed a laboratory where development of seedlings could be traced from a small kidney to a one and a half meter high poplar. It was especially noted that this method reduces the time of receiving seedlings of 2 to 3 meters high twice, increases the percentage of seedlings survival rate, reduces the cost of planting material.  Before planting in the open soil, plants are placed in sterile tubes with special nutrient media. Plants grown in such conditions, in contrast to the planting material imported from abroad, are more adapted to the climatic conditions of Kazakhstan, and also have high adaptability.

The World Bank representatives highlighted the relevance of these sub-projects and emphasized their scientific component. They also noted that these projects can be considered as an example of successful development of science as a business model.