Uzbekistan is one of the fastest-growing startup ecosystems in Central Asia, thanks to strong government backing, a rapidly expanding digital infrastructure, and increasing international visibility. In 2024, Uzbekistan jumped 88 spots in the StartupBlink Global Startup Ecosystem Index, signaling global recognition of its growing tech environment. Key programs like the “Digital Startups” initiative and IT Park Ventures are central to this progress, offering financial support, co-investment opportunities, and international exposure to early-stage ventures. The success of Uzum, the country’s first unicorn, further highlights the potential for high-growth startups in Uzbekistan.

The country’s strategic reforms have created a more favorable business climate by simplifying regulations, offering tax incentives, and opening up new funding pathways for both local and foreign startups. With a population of over 36 million and 60% under the age of 30, Uzbekistan benefits from a young, tech-savvy workforce and near-universal literacy. Programs like “One Million Uzbek Coders” and partnerships with global platforms such as Plug and Play are equipping this workforce with modern digital skills, while initiatives like the IT Visa attract foreign tech professionals and entrepreneurs to the country.

Uzbekistan also stands out for its regional connectivity and strategic location at the crossroads of major trade routes. Investments in 5G, smart infrastructure, and renewable energy projects are enhancing the country’s appeal as a modern, innovation-driven economy. IT Park Uzbekistan plays a key role in this transformation, serving as a hub for over 1,000 residents including startups, training centers, and international firms. With a clear roadmap for digital growth and strong international partnerships, Uzbekistan is positioning itself as a leading innovation and startup hub in Central Asia.