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The 5th Business Forum of Conference on Interaction and Confidence Building Measures in Asia (CICA), 10-11 of November 2016, Astana, Kazakhstan

Activities of the Entrepreneurship Development Center in Zhanaozen town of Mangistau region

December 12, 2012 6:57 pm

On January 10, 2013 Entrepreneurship Development Center in Zhanaozen celebrates its first anniversary - one year from the date of opening! The center was opened after the well-known events that took place on 16-18 December 2011. The purpose of the Centre is to provide financial assistance to affected businessmen, as well as the support of other entrepreneurs.

During the first few days, the managers of the Centre could not cope with the influx of visitors, among who were affected entrepreneurs, businessmen, who was in need of borrowed funds and just people who wanted to learn : What is EDC. Despite the fact that Zhanaozen is town of oil workers, it is very small and provincial. People, who live there, more acutely than elsewhere feel a shortage of awareness and knowledge of their rights.

At first staff of the Center consisted of two employees: manager B. Salykbaeva and director Egemberdieva M., who had to work in emergency mode: advise and finance simultaneously SNP victims to restore their previous activities. There were also difficulties with communication.

Now we can easily say that all difficulties are behind. The "Special Plan of entrepreneurship development in Zhanaozen for 2012-2014" was approved by Government order № 15 from 10.01.2012. Based on this plan, EDC has achieved some success:

  • Financial support for the affected entrepreneurs (total of 78 SNP). Result: All 78 entrepreneurs resumed their previous activities. Fund " Um і t saules і " restored the destroyed facilities, and "Damu" Fund, in turn, provided an interest-free loan for working capital. 23 entrepreneurs in the total sum of 99 mln tg. Received financial support.
  • 23 projects totaling 852.5 mln tg were approved and funded According to the program of conditioned placement of funds by the local executive body (LEB) in Zhanaozen. Result: entrepreneurs by the help of Fund managed to make their ideas come true, with the opening of approximately 40 new jobs.
  • In October, EDC has provided participation of 245 listeners in the project " Business Advisor". One of the young beginning entrepreneurs Tolenova Raushan after receiving the certificate could not hold back emotions and expressed her opinion: " After the lecture I feel like my eyes opened again. It turns out that we do not know much. They not only explained to us how to start and run a business, but also provided a huge amount of business ideas.
  • In September of this year thousandth client appeared in EDC. The current number of counseled has exceeded 1 200 people.

EDC works closely with local City Administration, second tier banks and micro-credit organizations.

Our great personal achievement we think is that the Fund provides us with the opportunity to participate in various training seminars, by improving our skills. For example, the manager of EDC Maulimbaeva M. in September took part in a seminar in Almaty on "Create and manage business support centers and business - incubator" that is very relevant today, because in Zhanaozen will soon be opened business Incubator. Opening is planned in January 2013. Currently repair works are going on. The first floor of the Business Incubator building will be provided for entrepreneurs. On the second floor will be located EDC, microcredit organizations, consulting firms, etc.

Egemberdiev Maksat, director of the EDC now takes part in the training seminar on " Mediation in social and labor disputes and conflicts."

He also was awarded a diploma for outstanding professional achievements on the forum of line managers of group of companies of "National Welfare Fund" Samruk-Kazyna» JSC.