Strategic Dialogues on Startup Ecosystem Growth and Forward-Looking Initiatives

On October 16, 2024, a Business Breakfast brought together leading figures from Uzbekistan’s startup and venture capital ecosystem, alongside representatives of IT Park Uzbekistan. The event served as a premier platform for networking, collaboration, and the exchange of ideas to drive innovation and accelerate growth in the region.

Key representatives from prominent venture capital firms, accelerators, and ecosystem enablers were in attendance, showcasing the depth and diversity of Uzbekistan's startup landscape:

- Aloqa Ventures: Davron Parmonov

- UzVC: Maksud Yusupov

- Uzcard VC: Abdumalik Maksudov

- C-Space: Dilmurod Khoodiev, Farrukh Maksumov

- U-Enter: Ilkhomjon Aliev

- Swift Launch: Stephen Lin

- Plug and Play: Alfredo Gomez, Azizakhon Ortikkhujaeva

- StartupGarage: Mukhammad Khalil

- Business Angels Community: Shahzod Rustamjon

- PM Community: Samira Latipova

- Business Angel: Sardor Kodirov

The event opened with a welcoming address by Executive Director Abdulakhad Kuchkarov. The highlight of the morning was a presentation on the recent Presidential Decree focused on “Developing the Startup Ecosystem and Venture Financing in Uzbekistan.” This decree aims to further enhance the framework for startups and venture capital, providing a robust foundation for the ecosystem's growth.

Following the presentation, participants engaged in insightful discussions, sharing their perspectives on the new initiatives and exploring opportunities for collaboration. The event also featured an interactive Q&A session, fostering deeper connections between venture capitalists, private investors, and ecosystem builders.

The Business Breakfast concluded with a summary of key takeaways and a strong call for ongoing cooperation as Uzbekistan’s thriving startup ecosystem continues to evolve.

The collective efforts of all participants in the startup and venture ecosystem, along with IT Park, are providing a strong momentum for the advancement of innovation in Uzbekistan. This collaboration not only strengthens the sector but also unlocks new opportunities for promising projects to expand globally. As a result of these joint initiatives, Uzbekistan is rapidly transforming into a genuine IT hub, where entrepreneurial spirit thrives, fostering a supportive environment for the growth and success of young talents and ambitious entrepreneurs.

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