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Venture Capital

2024 strategic

Cultural Diversity

Attracting new foreign VC to Uzbekistan

IT Park actively attracting foreign investors and funds to invest in Uzbek export oriented companies.

SILK ROAD LEGACY

STARTING THIS 2024 YEAR, IT PARK PROVIDES RESIDENCY FOR VENTURE FUNDS

IT Park provides residence status and tax preferences for venture funds that open their representative offices in Uzbekistan become a resident.

UNESCO WORLD HERITAGE SITES

INVEST IN FOREIGN STARTUPS

IT park plans to open its own venture fund for stimulating local export-oriented startups and attracting international product oriented startups to Uzbekistan.

ENTERPRISE UZBEKISTAN

INTRODUCTION OF A SPECIAL LEGAL REGIME AS AN EXPERIMENT

LAW

100 YEARS

BASED ON LAW
Local Venture Funds

Regulatory sandbox

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Implementation of a startup project financing system based on best practices

Public and banking services

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Attracting reputable financial institutions to provide banking services

Customs and taxation Procedure

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Application of the taxation system for IT Park residents

Intellectual property and personal information

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Implementation of international standards for copyright protection and processing of personal data of foreign citizens

Labor Relations

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Improvement of the procedure for implementing labor relations

Resolution of commercial and civil disputes

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Resolution of financial and economic disputes based on international arbitration

Local Venture Funds

Capital
Capital

$10mln

Capital
Capital

$1.5mln

Capital
Capital

$15mln

Capital
Capital

$1mln

Capital
Capital

$5mln

Total Сapital
Total Сapital

$43.5mln

Venture investments in startups totaling
Venture investments in startups totaling

$24mln

Pool of over 500 startupsStartup Market Share

FinTech
11%
MedTech
8%
EdTech
15%
E-commerce
21%
Others
39%
Al
6%
pie