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RESOLUTION OF THE CABINET OF MINISTERS OF THE KYRGYZ REPUBLIC

of July 29, 2022 No. 411

About approval of the Regulations on procedure for selection of the innovative initiatives, startups developed in regions of the Kyrgyz Republic on the 40 areas - 40 initiatives project

(as amended of the Resolution of the Cabinet of Ministers of the Kyrgyz Republic of 05.07.2023 No. 333)

For the purpose of stimulation and promotion of innovative projects, startups in the priority directions of development of economy, science and technology for achievement of social and economic development of regions of the Kyrgyz Republic, according to the State program of development of intellectual property and innovations in the Kyrgyz Republic for 2022-2026 approved by the resolution of the Cabinet of Ministers of the Kyrgyz Republic of May 20, 2022 No. 265, the Cabinet of Ministers of the Kyrgyz Republic decides:

1. Approve Regulations on procedure for selection of the innovative initiatives developed in regions of the Kyrgyz Republic of the 40 areas - 40 initiatives project according to appendix 1.

2. Approve structure of the interdepartmental commission on selection of the innovative initiatives developed in regions of the Kyrgyz Republic of the 40 areas - 40 initiatives project according to appendix 2.

3. The interdepartmental commission to make selection of innovative initiatives according to the specified Provision.

4. To the state agency of intellectual property and innovations under the Cabinet of Ministers of the Kyrgyz Republic (Kyrgyzpatent) together with the Ministry of Finance of the Kyrgyz Republic in accordance with the established procedure:

- provide in the republican budget of the Kyrgyz Republic for the corresponding year and the next years money on financing to 8 (eight) innovative initiatives, including startups developed in regions of the Kyrgyz Republic on the 40 areas - 40 initiatives project at the expense of means of the special account of Kyrgyzpatent;

- allocate money for realization of one selected innovative initiative in the amount up to 1000000 (one million) som, for realization of one startup - to 500000 (five hundred thousand) som, according to the budget legislation of the Kyrgyz Republic.

5. To the ministries, the state committee, administrative departments, local public administrations to accept the specified Provision to management.

6. To impose control of execution of this resolution on management of control of execution of decisions of the President and the Presidential Administration Cabinet of Ministers of the Kyrgyz Republic.

7. This resolution becomes effective after ten days from the date of official publication.

Chairman of the Cabinet of Ministers of the Kyrgyz Republic

A. Zhaparov

Appendix 1

to the Resolution of the Cabinet of Ministers of the Kyrgyz Republic of July 29, 2022 No. 411

Regulations on procedure for selection of the innovative initiatives, startups developed in regions of the Kyrgyz Republic on the 40 areas - 40 initiatives project

1. General provisions

This Regulations on procedure for selection of the innovative initiatives, startups developed in regions of the Kyrgyz Republic (further - the Provision) determine procedure for carrying out selection of innovative initiatives by the 40 areas - 40 initiatives project, govern the legal and organizational relations arising in case of selection of the innovative initiatives developed in regions of the Kyrgyz Republic (further - selection).

1. In this Provision the following terms are used:

innovative initiative - the innovative project including technical and economic, legal and organizational reasons, relevance and representing the practical importance of innovative activities (further - the innovative project);

startup - the new project or the company founded on the innovative ideas which purpose is the solution of specific problem by search, development and check of scaleable business model, representation of new product or service in the conditions of extreme uncertainty;

innovation (innovation) - the result of intellectual activities (new knowledge, technical or other solution, experimental or prototype, etc.) having novelty signs in comparison with the existing analogs for certain segment of the market, practical applicability capable to bring positive economic or other useful effect during creation on its basis to new or advanced products, new or advanced technology, new service, new organizational technical solution;

the organizer - authorized state body in the sphere of intellectual property and innovations (further - Kyrgyzpatent);

the secretariat - the State fund of intellectual property in case of Kyrgyzpatenta (further - IS State fund);

the interdepartmental commission on selection of innovative projects, startups - the commission which structure affirms the resolution of the Cabinet of Ministers of the Kyrgyz Republic (further - the Commission);

complex examination - the scientific and technical and social and economic examination of innovative projects, startups performed by independent experts for the purpose of determination of scientific study, opportunities of commercial use of results of projects implementation, and also the social and economic effect reached in case of their realization by the criteria determined in this Provision;

the mentor (mentor) - the expert performing business activity, involved within selection to consultation of participants concerning maintaining and business development;

participants are subjects, irrespective of patterns of ownership, submitted the application for participation in selection;

the business project - the conceptual description of business processes;

the presentation (pitching) - action on which there takes place submission of projects, for the purpose of attracting investors;

the training program (acceleration) - intensive development of innovative projects, startups, with dynamics of qualitative and quantitative indices due to training and consultation, expert support, and also interaction with potential investors.

2. Purpose and tasks of selection

2. Main objective of selection are stimulation and promotion of innovative projects, startups in the priority directions of development of economy, science and technology for achievement of social and economic development of regions of the Kyrgyz Republic.

3. Tasks of selection are assistance:

- to development of domestic innovative ecosystem;

- to increase in interest and activity of citizens in inventive and innovative activities in all regions of the republic;

- to forming of the competitive circle in the field of innovative activities in regions of the republic;

- implementation of innovative projects, startups.

4. The organizer provides:

- equal conditions for all participants;

- bringing data on selection to the public through mass media;

- non-admission of disclosure of data on results of selection before date of their official announcement.

5. The number of the projects which underwent selection is determined by the decision of the Commission.

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