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Meeting of OECD experts with top managers of "National agency on technological development" JSC

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On December 8, 2015 OECD experts visited "National agency on technological development" JSC (hereinafter - NATD).

NATD is part of the JSC "National managing Holding "Baiterek", which was created on May 22, 2013 in accordance with the RoK's President Decree to promote the development and diversification of the economy, to attract investments, to develop clusters and improve a system of the corporate management. NATD disposes 8 technoparks and 4 construction bureaus. At present 95% of NATD's work is focused on grants in the sphere of innovations. Since October 26, 2015 NATD has co-financed projects at each stage under the scheme 50/50, 40/60, etc. Together with the Ministry of industry and new technologies, they simplified the process of making applications for the grant financing, the list of necessary documents has been decreased twice since October of this year.  Since January 2016, there will be only 3 types of the grant provision instead of 9.

OECD representatives thanked NATD top managers for the open dialogue and the provision of the detailed information about the agency's activity.