The World Bank Implementation Status & Results Report Kazakhstan: Fostering Productive Innovation Project (P150402) Kazakhstan: Fostering Productive Innovation Project (P150402) EUROPE AND CENTRAL ASIA | Kazakhstan | Finance, Competitiveness and Innovation Global Practice | IBRD/IDA | Investment Project Financing | FY 2015 | Seq No: 13 | ARCHIVED on 27-May-2021 | ISR46691 | Implementing Agencies: The Republic of Kazakhstan, Ministry of Digital Development, Innovations and Aerospace Industry Key Dates Key Project Dates Bank Approval Date: 22-Dec-2014 Effectiveness Date: 01-Mar-2016 Planned Mid Term Review Date: 14-May-2018 Actual Mid-Term Review Date: 21-May-2018 Original Closing Date: 31-Dec-2020 Revised Closing Date: 30-Nov-2022 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The Project Development Objective (PDO) is to promote high-quality, nationally relevant research and commercialization oftechnologies. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Development of the Knowledge Base for Innovation:(Cost $25.90 M) Innovation Consortia:(Cost $25.10 M) Consolidation of the Technology Commercialization Cycle:(Cost $13.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Moderate Moderate Implementation Status and Key Decisions Both the progress towards the achievement of the PDO and the overall Implementation Progress (IP) ratings are rated Moderately Satisfactory. In December 2020, the Project was extended by 23 months to allow additional time for the implementation of the remaining activities under the Project. To date, there is strong progress in implementing the earmarked activities under Components 1 and 2, and readiness by MDDIAI to launch additional selection rounds under the grant programs. The overall project disbursement of the Bank loan is US$29.5 million (46.2% disbursement rate). This figure is expected to increase in the coming months with the launch of new rounds of grant programs (expected in May 2021) and as the ESVC subcomponent advances. In terms of the achievement of result indicators the Project's progress is as follows:  5 PDO indicators – all achieved and outperformed;  10 Intermediate indicators – 6 outperformed and 2 partially achieved. The Project has, to date been implemented satisfactorily in terms of safeguards compliance. 5/27/2021 Page 1 of 6 The World Bank Implementation Status & Results Report Kazakhstan: Fostering Productive Innovation Project (P150402) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Moderate Moderate Macroeconomic -- Moderate Moderate Sector Strategies and Policies -- Moderate Moderate Technical Design of Project or Program -- Moderate Moderate Institutional Capacity for Implementation and -- Moderate Moderate Sustainability Fiduciary -- Low Moderate Environment and Social -- Moderate Moderate Stakeholders -- Moderate Moderate Other -- Moderate Moderate Overall -- Moderate Moderate Results PDO Indicators by Objectives / Outcomes Improve Quality and Commercial Relevance of R&D in Kazakhstan IN00992566 ►International publications from Senior and Junior Research Groups in peer reviewed journals (annual) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 7.00 42.00 45.00 14.00 Date 31-Dec-2015 25-Sep-2020 11-May-2021 31-Dec-2020 IN00992567 ►Share of enterprise sector financing of R&D in Senior & Junior Scientist Research Grant Program (annual) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 5.50 8.00 8.20 8.00 Date 31-Dec-2015 25-Sep-2020 11-May-2021 31-Dec-2020 IN00992568 5/27/2021 Page 2 of 6 The World Bank Implementation Status & Results Report Kazakhstan: Fostering Productive Innovation Project (P150402) ►The number of innovation consortia that graduated from innovation consortia grant program (annual) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 5.00 3.00 Date 31-Dec-2015 25-Sep-2020 11-May-2021 31-Dec-2020 The team expects achievement or outperformance of the indicator: in all, 6 productive-sector consortia and 8 inclusive innovation consortia received grants. The team expects at least 5 consortia graduating Comments: from the grant program by end of CY-2020. IN00992569 ►Technology- based start-ups created under the project and making commercial sales (annual) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 6.00 30.00 46.00 12.00 Date 31-Dec-2015 25-Sep-2020 11-May-2021 31-Dec-2020 IN00992570 ►Patent Cooperation Treaty agreements approved for project beneficiaries (annual) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2.00 8.00 3.00 Date 31-Dec-2015 25-Sep-2020 11-May-2021 31-Dec-2020 The PCT application process is very lengthy and the team expects at least one more to be approved by Comments: Dec 31, 2020 Intermediate Results Indicators by Components Developement of the Knowledge Base for Innovation IN00992572 ►Grants approved for Senior and Junior Research Groups (annual) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 33.00 74.00 74.00 63.00 Date 31-Dec-2015 25-Sep-2020 11-May-2021 31-Dec-2020 IN00992576 ►Ph. D. holders and students trained abroad (annual) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 12.00 12.00 100.00 Date 31-Dec-2015 25-Sep-2020 11-May-2021 31-Dec-2020 5/27/2021 Page 3 of 6 The World Bank Implementation Status & Results Report Kazakhstan: Fostering Productive Innovation Project (P150402) Innovation Consortia IN00992573 ►Completed projects with social impact (annual) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 5.00 5.00 8.00 9.00 Date 31-Dec-2015 25-Sep-2020 11-May-2021 31-Dec-2020 IN00992577 ►Applications for financing consortia created based on a cooperation agreement (annual) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 95.00 154.00 50.00 Date 31-Dec-2015 25-Sep-2020 11-May-2021 31-Dec-2020 IN00992580 ►The number of innovation consortia established (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 14.00 14.00 10.00 Date 31-Dec-2015 25-Sep-2020 11-May-2021 31-Dec-2020 Technology Commercialization Cycle Consolidation IN00992574 ►License agreements signed (annual) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 7.00 7.00 3.00 Date 31-Dec-2015 25-Sep-2020 11-May-2021 31-Dec-2020 IN00992578 ►Total value of the venture capital fund created (cumulative) (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 16,000,000.00 Date 31-Dec-2015 25-Sep-2020 11-May-2021 31-Dec-2020 The client is committed to launching the fund by the end of 2021 and submitted the relevant package of documents for technical review on May 7, 2021, to be followed by an official NO request by end of May Comments: 2021 Strengthening Coordination of the National Innovation System 5/27/2021 Page 4 of 6 The World Bank Implementation Status & Results Report Kazakhstan: Fostering Productive Innovation Project (P150402) IN00992575 ►The Innovation Observatory established (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 31-Dec-2015 25-Sep-2020 11-May-2021 31-Dec-2020 Support Project Implementation IN00992571 ►Direct project beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 302.00 1,798.00 1,825.00 627.00 Date 31-Dec-2015 25-Sep-2020 11-May-2021 31-Dec-2020 IN00992579 Female beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 10.00 63.60 63.60 18.00 Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P150402 IBRD-84630 Effective USD 88.00 64.00 24.00 29.49 34.51 46% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P150402 IBRD-84630 Effective 22-Dec-2014 09-Jun-2015 01-Mar-2016 31-Dec-2020 30-Nov-2022 Cumulative Disbursements 5/27/2021 Page 5 of 6 The World Bank Implementation Status & Results Report Kazakhstan: Fostering Productive Innovation Project (P150402) PBC Disbursement Achievement Disbursed amount in Disbursement % PBC ID PBC Type Description Coc PBC Amount Status Coc for PBC Restructuring History Level 2 Approved on 28-Dec-2018 ,Level 2 Approved on 22-Apr-2020 ,Level 2 Approved on 11-Nov-2020 Related Project(s) There are no related projects. 5/27/2021 Page 6 of 6