The joint stock company "Science Fund" (hereinafter - the Science Fund) was established in accordance with the Resolution of the Government of the Republic of Kazakhstan of November 7, 2006 No.1057 "On the establishment of the joint stock company "Science Fund". The only shareholder of the Science Fund is the Science Committee of the Ministry of Education and Science of the Republic of Kazakhstan.
The main subject of the activity of the Science Fund is to promote the development of priority, proactive, risky research and development projects that ensure the practical implementation of scientific research in the country.
For its ten-year activity, the Science Foundation has experience:
- In the grant financing of research projects (22 projects were financed for a total of KZT 242.2 million out of 575 applications submitted for consideration)
- In the provision of innovative grants (28 projects were financed for a total of KZT 690.2 million).
For 2006-2013, the Science Fund financed 11 projects for commercialization in the form of an interest-free loan or the formation of a consortium for a total of KZT1,953.0 million.
From 2013 to 2015, the Science Fund was the executor of state assignments:
- "New principles of social policy and public administration for 2013-2015";
- "Values and Ideals of Independent Kazakhstan for 2013-2015"
Since 2014, the Science Fund has been the executor of the program "The public in the flow of history for 2014 - 2016"
Since 2016, the Science Fund has been the operator of grant financing of projects for the commercialization of scientific and (or) scientific and technical activities.
On November 28, 2016, the Board of Directors of JSC "Science Fund" approved the Strategic development plan of JSC "Science Fund" for 2016-2020.