Since 2006, under Utemuratov's patronage, the Narxoz University is developing into a competitive educational institution aimed at the international higher education standards with the involvement of foreign experts. As of 2016, Verny Capital Group of Companies has invested more than USD 40 million in technical equipment, development of sports and social infrastructure, modernization of educational process, and involvement of international experts.
"The University transformation was one of the most important non-commercial social projects for us, because creation of a worthy educational system and a fundamental base based on the best world practices is important for the country's economy development," Utemuratov said. There is a scholarship program for the best students. 100 scholarships for gifted young people, sponsored by Verny Capital Group of Companies and ForteBank, as well as five special scholarships of Bulat Utemuratov" Future Business Leaders" were established.
The network of British Haileybury schools is successful in Kazakhstan. Its graduates enter the best universities of the world..
Since 2007, he is the President of the Tennis Federation of Kazakhstan. He actively develops court tennis and invested more than USD 65 million of his own funds in the formation of the country's national teams, development of children's tennis and construction of tennis infrastructure in all major cities. Bulat Utemuratov is a member of the International Tennis Federation (ITF) and the Asian Tennis Federation (ATF). In 2017 he received an award from both credible organizations for his contribution to tennis development in Kazakhstan. A branched network of tennis centers had been created in regional centers; their number has grown 3 times. Systematic work is being done to train both juniors and experienced athletes to participate in international tournaments. In total, Kazakhstan juniors won over 80 international tournaments, including various Grand Prix. In recent years, men's team of Kazakhstan reached the quarterfinals of the Davis Cup World Group for five times, entering the top eight of the strongest teams in the world.
The Team Kazakhstan Project deserves special attention, since it gives the chance to Kazakhstan athletes to consolidate themselves among the best players. This is a unique sports school created to form its own tennis reserve players in the national teams of the Davis Cup and the Federation Cup. Last year, a team championship of Asia among children under 12 years was held for the first time jointly with ITF and ATF, with participation of tennis players from 14 Asian countries. In general, about 40 international tournaments of ITF, ITF futures, ITF Juniors, ATF and ATP Challenger are held annually in Kazakhstan.
"Creation of infrastructure, development of children's tennis and hard work of a professional team of managers and coaches led Kazakhstan tennis to a qualitatively new international level. I am sure that using this approach in other sports will allow Kazakhstan to become one of the main centers for holding significant sporting events, including world ones," Bulat Utemuratov summarized 10-year work as the head of the Tennis Federation.
Bulat Utemuratov actively supports culture and art. He is the chairman of the Board of Guardians of the Fund for Ballet and National Dance Development and Support, supports the Fund of Kazakhstan musician Batyr Shukenov, finances the republican competition of wooden wind instruments and scholarships for talented young students of the National Conservatory named after Kurmangazy. Regular exhibitions of the Kulanshi Center for Contemporary Art are held under his patronage at Forte Bank Kulanshi Art Space. He is a honorary guardian of the Nazarbayev Fund.