The proposal for the draft law came from the Chairman of the Cabinet of Ministers.
The Deputy Director of the National Investment Agency, Zhalyn Zheenaliev, emphasized that this draft law aims at systematically improving the investment climate in the country and supporting venture investments focused on startups and innovative companies. This involves creating favorable legal conditions and providing guarantees to investors that meet modern market requirements and internationally recognized standards of venture activity.
As part of the draft law, the introduction of terms such as "venture financing (investment)," "venture investor," "venture manager," "venture fund," "business angel," "startup," "option agreement," and "option pool" is planned.
