IT Park Uzbekistan at the Startupstan Summit 2024 in Dushanbe

Dushanbe, Tajikistan, hosted the “Startupstan Summit 2024”, where Sherzod Abdurakhmanov, representing IT Park Uzbekistan, participated in the panel session titled “Startup Ecosystem of Central Asia”. The summit focused on the key challenges and opportunities for startups across the region.

The event brought together over 60 startup leaders, venture capital funds, and government representatives. The participants underscored the need to attract international investors and establish sustainable financial mechanisms to support startups.

A central focus of the discussion revolved around startups’ access to venture financing. Delegates from Central Asian countries, including Tajikistan, Uzbekistan, Kazakhstan, and Kyrgyzstan, deliberated on the importance of regional collaboration to facilitate successful entry into global markets.

The role of education and mentorship was also emphasized. Experts emphasized the value of educational programs aimed at supporting entrepreneurs, enabling startups to grow and scale effectively.

The representative of IT Park Uzbekistan stressed that fostering an innovative ecosystem is of vital importance for the entire region. International cooperation opens new avenues for financing and introduces best practices, thereby bolstering the global competitiveness of startups.

Collaborations with international companies will bring substantial benefits, enabling local startups to create innovative products and improve the quality of their services. This not only drives their growth but also bolsters the regional economy, making it a more attractive destination for investment.