On meeting with USAID organization representatives

On February 6, 2020, IT Park met with USAID representatives on the Future Growth Initiative (FGI) project related to the developing entrepreneurship and the business environment.

The objective of the Future Growth Initiative (FGI) project is to create a dynamic growth for economic activity in Central Asia, including such countries like Uzbekistan, Kyrgyzstan, Tajikistan, Turkmenistan, Kazakhstan.

It aims to develop sectors related to the field of information and communication technologies, light industry and tourism.

It is noteworthy that within this visit, a range of key factors for the development of entrepreneurship and the business environment in the nation have been discussed by both parties, namely: the possibility of conducting trainings with the assistance of international experts with the support of USAID, the development of mentoring in the regions, the creation of trainings for potential business angels, training venture investment, creating a program to support women's entrepreneurship, including the opportunity of arranging joint start-up events, raising digital literacy among Uzbekistan population.

Following the visit, both parties agreed on further partnership.

USAID (United States Agency for International Development) is the supreme federal government agency of the United States for foreign aid. Within the USAID mission scale  in Central Asia, it is promoting the US New Silk Road initiative in Uzbekistan, which is deemed to extend regional ties between the economies and nations of Central and South Asia to promote greater regional stability and growth.