SUNNYVALE, Calif., Aug. 9, 2018 /PRNewswire/ -- BI Group, the market leader for construction and real estate in Kazakhstan, announced today its partnership with Plug and Play, a global startup accelerator and corporation innovation platform headquartered in Silicon Valley. The Group joins as an ecosystem partner to Plug and Play's Real Estate Tech Program.
Established in 2006, Plug and Play brings together the best startups and the biggest corporations around the world through a series of industry-specific accelerator programs. Due to growing demand from their current partners, Plug and Play Real Estate Tech launched earlier this year as a spin out from one of their oldest and most successful programs focused on the Internet of Things. BI Group plans to build partnerships with startups and collaborate with the other corporations in the program.
"We are very excited to have the BI Group join us as one of our newest partners in the Real Estate Tech program. Their innovation initiatives are well thought out and have the support of their executives. We feel these are important steps to help ensure success and we look forward to building a strong relationship in the years to come," said Miles Tabibian, Director of Plug and Play Real Estate Tech.
"BI Group is adapting to attract tech startups that will make disruption and bring Kazakh technological solutions to Silicon Valley. Our partnership with Plug and Play is a huge milestone towards driving global innovation within construction and real estate," said Bagdat Mussin, Chief Technology Officer of BI Group.
For their first year of participation in the partnership, BI Group will focus on the construction industry including commercial property, energy infrastructure, educational institutions, and more.
About BI Group
BI Group is the construction holding and the recognized leader in the real estate market of Kazakhstan. The holding has been operating since 1995 and during this time it has earned a reputation as a professional and reliable partner. BI Group today is a multi-business holding, the structure of which consists of divisions and directorates in various spheres of construction, development and engineering. For more information, visit www.bi-group.org/en
About Plug and Play
Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services, and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in over 20 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 6,000 startups and 220 official corporate partners, we have created the ultimate startup ecosystem in many industries. We provide active investments with 200 leading Silicon Valley VCs, and host more than 700 networking events per year. Companies in our community have raised over $7 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club, PayPal, SoundHound, and Zoosk. For more information, visit www.plugandplaytechcenter.com
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SOURCE Plug and Play