The Prime Minister initiated this draft law.
The Deputy Director of the National Investment Agency, Zhalyn Zheenaliev, emphasized that the goal of the draft law is to create a more attractive investment climate in the country and to support venture investments in startups and innovative enterprises. This will be achieved by establishing a favorable legal framework and providing guarantees for investors that meet modern market requirements and international standards of venture activity.
The document proposes to introduce terms into the legislation such as "venture financing (investments)," "venture investor," "venture manager," "venture fund," "business angel," "startup," "option agreement," and "option pool."
