Startup parks will be launched in Uzbekistan to support entrepreneurship and innovation
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Podrobno.uz [uz]
podrobno.uz

Startup parks will be launched in Uzbekistan to support entrepreneurship and innovation

Innovative startup parks are planned for creation in various regions of Uzbekistan. These venues are intended for entrepreneurs, allowing them to develop their projects, integrate scientific developments, and bring new products to the market.

The activities of the new centers will be carried out under the auspices of the Agency for Innovation Development of the Ministry of Education and Science. Startups located in the parks will receive comprehensive support, including access to necessary infrastructure, legal and financial resources, as well as marketing consultations.

The main focus will be on incubation and acceleration programs, whose goal is to transform promising concepts into full-fledged commercial enterprises. Furthermore, the parks will facilitate the process of product certification and registration, ensure intellectual property protection, and assist in promoting goods both domestically and internationally. Entrepreneurs will also be able to participate in exhibitions held both within and outside Uzbekistan.

The determination of locations for these parks has been entrusted to the hokimiyats of Karakalpakstan, the regions, and the capital itself. It is planned that production premises will be leased through electronic auctions. The financial base for this project will be formed from rental income, grants, and other legal sources.

It was previously announced that specialized spin-off companies can be established in state technical schools of Uzbekistan for the commercialization and launch of promising ideas developed by students. For the implementation of one such startup, there is the possibility of receiving a grant of up to 1 billion soms.

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