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    Tumaris.Tech: Successful Completion of the First Export Accelerator for Women-Led Startups

     

    The Demo Day of the inaugural export accelerator took place as part of the Tumaris.Tech project, organized by IT Park Uzbekistan with the support of the USAID Project on Entrepreneurship and Business Environment Development. The accelerator program featured the participation of 24 women-led entrepreneurial projects from across Central Asia, alongside business angels and international venture capital funds.

     

     

    The Tumaris.Tech project was launched in August 2020 with the aim of providing comprehensive support to women entrepreneurs. Over the course of two seasons of incubation and acceleration programs, more than 120 startups received mentorship and assistance, with over 30 tracking sessions and more than 15 events specifically designed for female founders of startups. Cumulatively, the number of participants during the first and second rounds surpassed 4,000 young women and female entrepreneurs. These efforts were recognized at the WSIS Forum in Geneva, where the Tumaris.Tech received the prestigious Capacity Building award.

     

    The third round of Tumaris.Tech focused on facilitating the international expansion of women-led startups, increasing sales, and establishing strategic international partnerships.

     

    The 12-week export accelerator program was conducted with the support of a key partner, Most Business Intelligence. 

     

    Participants benefited from expert consultations on entering markets in the United States, the Middle East and North Africa (MENA), and Southeast and Central Asia. Each project was assigned a dedicated tracker, and over 120 hours of intensive work enabled the teams to develop detailed plans for optimizing their business metrics and achieving their strategic goals.

     

    Seventeen projects advanced to the Demo Day, where they showcased their progress and achievements to an audience comprising distinguished guests, business angels, and international venture capital funds.

     

     

    Key Achievements of the Projects:

    - Bilim Box (Uzbekistan) — An educational platform offering training in high-demand professions, with a focus on empowering women on maternity leave to generate additional income.

    “We were able to completely revamp our product offering and launched our first sales. During the program, we achieved a 40% increase in conversion rates.”

     

    - Power Up (Kazakhstan) — A power bank rental service.
    “We increased our revenue fivefold, launched sales in Georgia, integrated user interfaces into popular messengers (WhatsApp, Telegram), and secured $45,000 in investments. The payback period for our franchisees was reduced to the minimum value of just two months.”

     

    - PowerON.space (Kazakhstan) — An AI solution designed for product managers and marketers.
    “We made a decision to pivot towards AI-driven solutions, developed a product prototype, secured our first sales, and established a legal entity in the United States.”

     

     

    The Tumaris.Tech program continues to demonstrate significant success in supporting women-led startups, facilitating their expansion into international markets, and assisting them achieve financial sustainability. The participation of women in such initiatives not only expands their business opportunities but also contributes substantially to the development of entrepreneurship through the region. Moving forward, Tumaris.Tech aims to provide even greater opportunities for startups and partners committed to promoting and advancing women’s entrepreneurship in Central Asia and beyond.

    Latest news

    11 July 2025

    Audiotele and Telecontact: Fergana Emerging as a Hub for IT Employment Growth

    10 July 2025

    IT Park Uzbekistan strengthens cooperation with member companies and supports business scaling

    10 July 2025

    Instructions issued to ensure quality construction and expedite the development of the IT Park Fergana complex

    09 July 2025

    A modern IT infrastructure is taking shape in Fergana: IT Park branch under construction in “Yangi Oʻzbekiston” residential area

    View all
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    11 July 2025

    Audiotele and Telecontact: Fergana Emerging as a Hub for IT Employment Growth

    The Minister of Digital Technologies and the CEO of IT Park got acquainted with the operations of IT Park member companies — Audiotele and Telecontact in Fergana.

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    10 July 2025

    IT Park Uzbekistan strengthens cooperation with member companies and supports business scaling

    Representatives of IT Park Uzbekistan held a series of working meetings with member companies — E-LINE PRESS, LEGALMAX CENTRAL ASIA, FINANCIAL CHAIN CORPORATION, and IONE — during which the prospects for further business development, the implementation of new projects, and projected volumes of export services were thoroughly discussed.

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    10 July 2025

    Instructions issued to ensure quality construction and expedite the development of the IT Park Fergana complex

    Minister of Digital Technologies Sherzod Shermatov visited the construction site of the IT Park Farg‘ona complex, currently under development in the city of Fergana, Fergana Region.

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    09 July 2025

    A modern IT infrastructure is taking shape in Fergana: IT Park branch under construction in “Yangi Oʻzbekiston” residential area

    As part of his visit to Fergana Region, Minister of Digital Technologies Sherzod Shermatov reviewed the construction process of an IT Park branch in the city of Fergana, located within the “Yangi Oʻzbekiston” (Eco-City) residential area.

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    09 July 2025

    An “IT Town” has been inaugurated in Toshloq district of Fergana region

    In accordance with the Resolution of the President of the Republic Uzbekistan dated May 15, 2024, “On the organization of the activities of “IT Towns” aimed at creating additional conditions for training youth in digital technologies and foreign language in the regions”, it has been set to establish one “IT Town” in each region. The official opening ceremony of the “IT Town” complex in Toshloq district of Fergana region, took place. The ceremony was attended by the Minister of Digital Technologies, Sherzod Shermatov, and the Governor of Fergana region, Khayrullo Bozorov.

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    08 July 2025

    ITPU presents a new university concept

    The Open Day of IT Park University was held at the Ministry of Digital Technologies, attracting prospective students, their parents, and those interested in IT education and professional development. More than 100 guests had the opportunity to learn about the university’s academic programs, ask questions regarding admissions, studies, and career prospects, and engage directly with students and representatives from IT companies. The event also featured presentations on bachelor’s and master’s degree programs.

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    07 July 2025

    June Highlights: 58 new exporters and 29 foreign companies joined IT Park

    IT Park Uzbekistan continues to welcome new member companies and foster the development of the country’s export potential. In June 2025, dozens of new companies focused on foreign markets and international collaboration joined the ecosystem.

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    07 July 2025

    Uzbekistan and France strengthen partnership in outsourcing and startup development

    IT Park Uzbekistan hosted a meeting between Abdulakhad Kuchkarov, CEO of IT Park, and Aurelia Bouchez, Ambassador Extraordinary and Plenipotentiary of France to Uzbekistan. The parties discussed expanding cooperation with French companies and startup ecosystems.

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    07 July 2025

    Berlitz and IT Park discuss cooperation in language training for specialists

    IT Park Uzbekistan hosted a meeting between Abdulakhad Kuchkarov, CEO of IT Park, and Fortune Joy F. de Lara, CEO of Berlitz Philippines and Berlitz Uzbekistan. The meeting was also attended by Makhliyo Muksinova, Services Export Development Director at IT Park, along with other representatives from both organizations.

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    03 July 2025

    Korea’s largest BPO company KSJOB.Inc prepares to launch office in Uzbekistan

    Makhliyo Muksinova, Services Export Development Director at IT Park Uzbekistan, held a meeting with representatives of KS JOB Inc.. During the meeting, the company announced the commencement of a pilot recruitment program. In the near future, 30 candidates with a C1-level proficiency in Korean and typing skills of up to 200 characters per minute will be selected to join KS JOB Inc.