Among these young CEOs, more than 1,000 are men, while around 100 are women. Young entrepreneurs are actively developing their businesses not only in the capital but across all regions of Uzbekistan. High levels of entrepreneurial activity can be seen in the Samarkand, Fergana, Namangan, Khorezm, and Andijan regions, as well as the Republic of Karakalpakstan. This demonstrates that the opportunities created by the digital economy are becoming increasingly accessible to young people throughout the country.
Most young company leaders were born between 1998 and 2002, while the youngest CEOs of IT Park member companies are just 19 years old. These figures clearly illustrate that the IT Park ecosystem provides an environment where young people can launch their own businesses, attract investment, and build successful technology companies from an early age.
Today, young entrepreneurs are creating not only innovative products and services but also new employment opportunities across the country. Companies led by executives under the age of 30 employ more than 10,000 specialists, making a significant contribution to the development of Uzbekistan’s labor market and the next generation of IT talent.
Young IT Park members are also increasingly gaining recognition on the international stage. Their companies export digital products and IT services to the United States, the UAE, Canada, Russia, Kazakhstan, the United Kingdom, and other countries. Startups founded by young entrepreneurs are attracting investment, participating in international acceleration programs, working with clients around the world, and successfully competing in global markets. Their projects span a wide range of industries, including artificial intelligence, educational technologies (EdTech), business process automation, KPO, and digital services.
Young women entrepreneurs developing innovative projects are playing an increasingly important role within the IT Park ecosystem, becoming role models for the next generation of girls interested in technology and entrepreneurship.
One such example is Maftunakhon Karimova, founder and CEO of Femmy, who represents a new generation of technology entrepreneurs under the age of 30. Her startup Femmy became Uzbekistan’s first locally developed FemTech solution dedicated to supporting women’s health and raising awareness of reproductive well-being.
“We are not just building a mobile application. Our goal is to create an ecosystem that supports women at every stage of life by providing reliable information, helping them take care of their health, and ensuring they always feel supported. A healthy woman means a healthy family, a healthy generation, and a stronger society.”
Behind these statistics are real stories of young people who have built successful careers and businesses through knowledge, determination, and a willingness to learn.
One of the brightest examples of Uzbekistan's new generation of technology leaders is Muzaffarbek Zoirov, founder of the startup Fonus Kids. In just a few years, he has attracted investment, won prestigious international startup competitions, and represented Uzbekistan on some of the world's leading startup and innovation platforms.
In 2025, Fonus Kids won first place at GSMA 2025, secured USD 25,000 in investment from IT Park Ventures, and earned the opportunity to showcase its solution at 4YFN Barcelona, one of the world's leading startup exhibitions.
In 2026, the startup successfully completed the UzCombinator pre-acceleration program, attracted an additional USD 55,000 in investment from Aloqa Ventures and Yoshlar Ventures, and became the winner of Hult Prize Uzbekistan Nationals—the national stage of the world's largest social entrepreneurship competition, held in Central Asia for the first time. This victory earned the team the opportunity to represent Uzbekistan at the Hult Prize Global Accelerator, where they will compete for the USD 1 million grand prize.
"We believe that the strongest ideas are born from the desire to solve real problems. Awards, investment, and international programs are not the final goal—they are proof that technologies created in Uzbekistan can compete globally. The most important thing is to think globally and improve your product every single day."
These stories are shaping a new generation of entrepreneurs in Uzbekistan—young, ambitious, and committed to building products with global potential. They are creating jobs, attracting investment, expanding service exports, and strengthening the country's position on the global technology map.
On Youth Day, the achievements of IT Park's young entrepreneurs once again demonstrate that the new generation has become one of the key driving forces behind Uzbekistan's digital economy. Their success proves that talent, knowledge, and entrepreneurial ambition can transform not only individual lives but also contribute significantly to the country's long-term economic development.
