Uzbekistan’s Startup Ecosystem Overview
Uzbekistan’s startup ecosystem is growing fast, with Tashkent as the main hub. Government support, foreign investment, and local entrepreneurs have boosted key sectors like fintech, edtech, gaming, and AI. The country’s first unicorn, Uzum, appeared in 2024, showing strong progress. Programs like the “Digital Startups Program” offer funding, policy support, and easier regulations for young startups. Qualified startups can access co-investments, grants, and low-interest loans.
IT Park Uzbekistan plays a key role by providing infrastructure, mentorship, and funding. Its venture fund, launched in 2024 with $10 million, focuses on digital tech and helps attract global investors. Tashkent is home to over 260 startups and centers like U-Enter, which support early-stage businesses. Fintech and edtech are leading sectors, and the government is also pushing AI development. An IT Visa program helps bring in foreign talent and investment. With growing global partnerships and funding, Uzbekistan is becoming a rising startup hub in Central Asia.
Uzbekistan is becoming a strong tech and startup hub, thanks to a young, tech-savvy population, government support, and growing digital infrastructure. About 60% of the population is under 30, creating a skilled and adaptable workforce. Programs like “One Million Uzbek Coders” have helped over 1 million people get certified in tech skills, supporting a growing pool of IT talent.
The country is also attracting foreign talent and investment with tools like the IT Park Visa, which allows tech professionals and startup founders to stay up to three years. Uzbekistan is expanding 5G networks, smart infrastructure, and has over 3,500 5G base stations in place. IT Park Uzbekistan and Special Economic Zones offer tax breaks and incentives for startups, while international partnerships with hubs like Astana Hub and events like WebSummit Lisbon help local startups go global.
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