Visa Business Springboard

A competition program supporting micro and small businesses

Visa · Kazakhstan · June–August 2023

Visa Business Springboard
Client
Visa
Geography
Kazakhstan
Timeline
June 20 – August 21, 2023
Categories
Main and Social Business

Grants to help small businesses grow

Two months from online application to the stage in Almaty. Business Springboard is a Visa competition for micro and small businesses in Kazakhstan with a prize fund of KZT 24 million. The competition opened on June 20, 2023, and the final took place on August 21, when entrepreneurs presented their projects to an expert jury.

Four stages: from application to pitch

  1. Application. Entrepreneurs described their business and growth idea and applied online. Applications were accepted in two categories: the main category and Social Business.
  2. Selection. Applications went through a technical screening, then a top 100 was shortlisted against the competition criteria. From these 100, experts selected forty participants.
  3. Voting. The forty participants then went to an open online vote, which determined the ten finalists.
  4. Final. The finalists pitched their growth ideas to the jury. The jury named the winners in both categories and presented a special prize.

What we were responsible for

We organized the competition from scratch. We designed all the stages, found experts for each selection round (entrepreneurs, business leaders and bloggers), were responsible for the digital platform and the application intake, ran the vote, worked with bloggers and handled communications. We also organized the grant disbursement, the awards and the final event.

Results

  • 644applications
  • about 27,000votes for the finalists
  • 10finalists
  • about 4.3 milliontotal project reach

reach and number of votes are based on the project’s final report.

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