The Conference "Fostering Innovations:  Science and Business Cooperation" took place in Nur-Sultan. The event is considered to be one of the significant events for presenting successful practices of commercialization of R&D achievements in Kazakhstan. The Conference was organized within the framework of the Fostering Productive Innovation Project by the Ministry of Education and Science RK jointly with the World Bank.

The successful experience of commercialization of Kazakhstan's scientific achievements and results of effective cooperation with business for the progressive development of Kazakhstan's economy were presented at the Conference.

"The joint project of the Government of Kazakhstan and the World Bank is one of the tools to support Kazakhstani scientists and their R&D. Kazakhstan aims to bring the national science to a new level. One of the tasks is commercialization of R&D, cooperation between scientists and business. Productive innovations are understood as a key growth factor that penetrates and effectively connects all economic and social sectors. The primary goal of our Project is to support high quality, nationally relevant research with a high potential for technology commercialization and effectively use international knowledge and practice," said Murat Sartbayev, Director of the Project Management Unit of the Fostering Productive Innovation Project.

The agenda included a pitching session "Successful projects", during which Kazakhstani scientists and developers of the advanced R&D solutions shared their experience on commercialization of their projects.

The discussion platform on the project's operational activities addressed relevant issues of close interaction between science and business and support for innovation promotion as one of the key factors in the development of Kazakhstan's scientific achievements.

The event also included an exhibition "Fostering Productive Innovations - Succesful Projects" where the visitors were able to learn about the successful projects of Kazakhstani scientists. The grantees not only introduced themselves, but also used the conference venue as a co-working zone,  discussed the perspectives for collaboration and cooperation with colleagues.

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