When system risks are high most investors choose to exit the market; however, there are some contrarian investors who opt to make investments. The authors analyzed the main goals of the investment process and measures that should be provided by the government to stimulate investments and innovation especially by means of investment banking. The authors gave key recommendations as regards investment regulation and support for banking as a key sector that can provide assets. The purpose of this study was to analyze the main functions, methods and directions of state regulation of the investment process, particularly in investment banking as a key resource area, which ensures resumption of economic growth and to provide recommendations related to the government support for innovation in Kazakhstan.