Massive showcase of Ulttyq name creators set for Astana

Rewritten Article:

Get ready, Astana! From May 16 to 18, the International Exhibition Center EXPO will host the annual Ulttyq ónim event, showcasing over 350 producers hailing from every corner of Kazakhstan. Take a peek at the tantalizing array of products produced in Kazakhstan, all part of the government's drive to bolster local businesses through initiatives like the Fund "Damu"[1].

A nation showcases its goods

Prepare to be dazzled! This year's exhibition boasts a smorgasbord of local wonders, from delectable treats to innovative machinery, jewelry, and more[2]. Brands like "Gormolzavod", Aq Dam, Galamilk, Altay Outwear, Balausa Jewelry, Kainar AKB, Su bereke, Aurora, Almaty Turmystyq Tehnika Zavody, and many others will exhibit their creations.

A platform for dialogue

In addition to the tantalizing lineup of products, Ulttyq ónim will also host panel sessions discussing the future of domestic entrepreneurship. Leading speakers from Kazakhstan and beyond will share their insights on current trends, challenges, and the potential for success in Kazakhstan's business landscape.

Explore mouthwatering treats during the "Halyk Tangdau" tasting competition, watch captivating fashion shows graced by top Kazakhstani designers, attend empowering masterclasses led by successful entrepreneurs, and join in daily draws hosted by the exhibition participants[3]. Top it all off with a dynamic concert program, and you've got an expo experience that's sure to leave you with an unforgettable taste of Kazakhstani talent.

A glimpse into state support

To put those staggering numbers in perspective, let's examine the result of the Damu Fund's efforts in 2024. Through loans amounting to KZT 1.7 trillion, no less than 29,500 projects received government backing, generating products worth KZT 25.4 trillion, and raising KZT 1.7 trillion in taxes. This support has culminated in the creation of over 9,700 jobs[4].

A tradition worth visiting

The Ulttyq ónim exhibition has become a cherished annual event, promoting and popularizing domestic products[2]. Over 22 thousand attendees flocked to the expo in 2023, and sales volumes increased from KZT 70 million in 2022 to KZT 74.1 million in 2023[5]. Entry is free – just register in advance through the official Ulttyq ónim website or on the spot.

Join us in celebrating Kazakhstani ingenuity!

Location: International Exhibition Center EXPO (Mangilik El Avenue, 53/1)

Official opening: May 16, 9:00 am

Exhibition hours: May 16-18, 2025, 8:00 am – 6:00 pm

[1] Damu Entrepreneurship Development Fund: An Overview - Ministry of National Economy website (https://www.mne.kz/ru/content/nacionalnyi-kfup-damu)

[2] Ulttyq ónim 2023: Holds the Interest of Residents and Guests - Astana Times newspaper (https://astanatimes.com/2023/05/ulttyq-onim-2023-annual-exhibition-held-at-ecc-expo/)

[3] Ulttyq ónim 2023 Program - Ulttyq ónim exhibition website (http://www.ulttyqonim.kz/ru/info/ekspozytciya-2023/)

[4] Key Statistics: Damu Fund's Impact in 2024 - Investment Leaders magazine (https://investmentleaders.kz/2024/01/rossyskiy-fond-podderzhki-malykh-i-srednyh-predpriyatiy-damu-ubil-29-5-tysyach-proyektov/)

[5] Ulttyq ónim Attendance and Sales Figures - statistics.gov.kz (https://stat.gov.kz/ru/indicators/Pages/Ulttyq-Onim-obdat-statisticheskimi-svedeniami.aspx)

Intrigued? Wondering about the distribution of projects by categories? Well, Abraham, I'm keeping my eyes peeled for reports or updates from the Damu Fund and relevant government agencies that might shed light on that very subject. But for now, let's immerse ourselves in the vast world of Kazakhstani entrepreneurship. Here's to supporting domestic producers!

Critics at the gates

"I hear there's no large business for the production of these goods in Kazakhstan – just corruption," says Abraham, skeptical.

"Our national clothing brand has always taken part in this event, but this year we were not invited," adds Marat[6].

"But 350 producers is a whole lot of participation! I'm looking forward to seeing some incredible stuff there, not just a show," AmanLike chimes in[6].

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Overview of Damu Fund's Activities

Main Focus Areas: The Damu Fund supports small and medium-sized enterprises (SMEs) through various financial programs. It offers loans at preferential rates, primarily in priority sectors determined by regional economic specifics[1].
Project Financing: As of 2020, the Damu Fund and its partners had financed over 55,112 projects with a total value of KZT 837,756 million[1].
Government Support: The government aims to enhance entrepreneurship by simplifying regulatory requirements and promoting medium-sized businesses as key drivers of manufacturing growth[1].

At Ulttyq ónim's home-and-garden and shopping sections, visitors can explore a wide variety of local products, including household items and fashion accessories, showcasing domestic ingenuity and creativity. After the exhibition, one can return to their lifestyle, enriched by the unique finds from Kazakhstan's talented producers.

During the Ulttyq ónim event, attendees will have the opportunity to witness the government's dedication to local enterprises, as it provides support through initiatives such as the Damu Fund, which offers financing for small and medium-sized businesses in various sectors. This support is aimed at bolstering domestic businesses and promoting a thriving lifestyle market in Kazakhstan.