The Star Venture program from the EBRD will be launched in Uzbekistan

On October 24, at the Startup Summit as part of ICTWEEK UZBEKISTAN 2023, the launch of the Star Venture program in Uzbekistan was announced. This program from the European Bank for Reconstruction and Development (EBRD) is aimed at supporting innovative startups.

General Manager of the EBRD in Uzbekistan Sherzod Akbarov delivered a welcoming speech.

As part of the event, a presentation was held, during which the details and conditions of the Star Venture program in Uzbekistan were presented. The speakers were:

• Ben Nari, SV coordinator from EBRD HQ London;
• Amirkhan Omarov, founder of Parqour, participant of Star Ventures in Kazakhstan;
• Sanzhar Ospanov, financial director of Investbanq, participant of Star Ventures in Kazakhstan;
• Director of Nomadic Minds Franchesco Cracolic presented information on fundraising;
• Expert of Strategy Tools Rick Rasmussen gave an online presentation about accelerator programs and ecosystem support.

The EBRD's Star Venture program aims to identify promising innovative startups by providing them with access to experience and funding. The project will help startups grow their businesses by providing advice on various aspects including strategy, finance, operations, organization, marketing and sales.

The launch of the Star Ventures project at ICTWEEK UZBEKISTAN 2023 promises significant support and stimulation for the growth of small and medium-sized enterprises, helping them achieve success.

It is expected that at least six startups from Uzbekistan will be selected. At the same time, companies can be representatives of a variety of sectors: the development of artificial intelligence, educational innovations, agricultural technologies, medicine, cloud computing and energy-efficient technologies.

You can apply for participation until November 27 via the link: https://www.ebrd.com/starventure/overview

It should be noted that since the creation of the program in 2019, the EBRD Star Venture initiative has already supported more than 650 startups in 23 countries. And the amount of attracted investments from startups exceeded $420 million. In particular, in 2022, the EBRD Star Venture program was launched in Mongolia and Kazakhstan.