The Housing Committee approved amendments to the law on venture financing in the first reading

Яна Орехова Economy
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The Committee of the Jogorku Kenesh, which deals with science, education, innovation, information technology, culture, sports, and youth affairs, held a meeting on March 2, 2026, during which a draft law concerning amendments to several legislative acts of Kyrgyzstan in the field of venture financing was reviewed and approved in the first reading.

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."
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