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    How Universities Can Assist Startups in Developing Their Products

    On February 25, the Ministry of Digital Technologies of Uzbekistan hosted the forum titled "Development of the Startup Ecosystem in Universities", organized by IT Park Uzbekistan with the support of the Ministry of Digital Technologies. The event brought together over 300 participants, including representatives from more than 80 universities, the startup industry, investors, and corporate sector, providing a platform for the discussion of critical matters pertaining to youth entrepreneurship.

     

    Startup Alley

     

    The forum commenced with an exhibition of student-led startups, where young founders presented their projects, received expert recommendations, and explored investment opportunities. Minister of Digital Technologies Sherzod Shermatov personally visited the exhibition, engaging with startup founders and underscoring the importance of fostering youth-led initiatives.

     

     

    Universities as a Platform for Student Startups

     

    The official session opened with a keynote address by Minister Sherzod Shermatov, who emphasized the necessity of integrating universities into the startup ecosystem, enhancing incubation and acceleration programs, and strengthening collaboration between universities, businesses, and government institutions.

     

     

    "During my international visits, I frequently meet talented Uzbek entrepreneurs who have successfully expanded their startups into global markets.

     

    Observing how ambitious and talented young individuals, having developed a product in Uzbekistan, enter international markets and achieve recognition reaffirms my belief that there are no limits to success. Our mission is to provide young innovators with the best possible support at every stage — especially within universities, which serve as the foundation for future generations of entrepreneurs and innovators," stated Minister Shermatov.

     

     

    Sharof Radjabbaev, Director of the Innovation Development Agency, also delivered a welcoming address:

     

    "Building a robust startup ecosystem is unattainable without the active involvement of universities. These institutions serve as the birthplace of groundbreaking ideas, where young talents experiment, find inspiration, and strive to bring their projects to fruition. Universities must evolve into platforms where innovation receives support, and ambitious startup founders are provided with the requisite resources to realize their visions."

     

    One of the key topics of the forum was the transformation of universities into centers of innovation and entrepreneurship. Discussions focused on mechanisms for student engagement in the startup ecosystem, the development of incubation programs, and strengthening the ties between universities and the business community.

     

    The Role of Universities: Student Startups and Acceleration Centers

     

    Universities play a pivotal role in the development of the startup ecosystem. Within these institutions, plans are underway to establish incubation centers designed to assist students in the following capacities:   

     

    - Developing their projects 

    - Receiving mentorship support 

    - Participating in acceleration programs 

    - Attracting investment 

     

    Nargiza Kasymova, Director of the Digital Finance Acceleration Center at Tashkent State University of Economics, highlighted that the center has already supported 50 student-led startups, 10 of which have secured victories in international competitions, collectively attracting $100,000 in investments.   

     

     

    Bobur Abdullaev, Rector of INHA University in Tashkent, elaborated on the activities of their incubation center. The university actively promotes entrepreneurial endeavors among its students by organizing events and mentorship sessions. He emphasized that the university takes pride in the accomplishments of its students, many of whom have achieved victories in international technology competitions.     

     

    Two notable examples of successful student startups include: 

     

     - Oygul — A marketplace for ordering flowers, developed by students from the Westminster International University in Tashkent (WIUT), New Uzbekistan University, and the University of Manchester. The project won the President Tech Award and has been integrated into the Click SuperApp, providing access to 18 million users. 

     - Bron24 — A digital platform developed by students from Amity University, aimed at streamlining the booking of football fields and sports facilities. The project is in its final development stage and is currently seeking an Android developer. 

     

    These ventures demonstrate the growing potential of youth entrepreneurship, underscoring students’ readiness to devise technological solutions and bring them to market.

     

    Supporting the Startup Ecosystem: Accelerators and Investments

     

    In addition to universities, student startups receive substantial support from acceleration and investment programs.

     

    Dalerkhon Nodirov, Deputy Director of IT Park Ventures, elaborated on how student-led projects can attract investment and appeal to venture capital funds. He emphasized three fundamental success factors:

     

     - Comprehensive project development

     - A strong team

     - A well-defined market entry strategy

     

    Ravshanbek Ibrokhimov, Executive Director of the Tashkent branch of Startup Garage, presented the opportunities available to startups within Startup Garage across the country. These studios provide comprehensive infrastructure and resources to support startups at every stage of development.

     

    Mukhammad Makhmudov, Director of Plug and Play Uzbekistan, insights from the accelerator’s international experience in collaborating with universities. He elaborated on how different countries integrate support mechanisms for student startups and how these models could be effectively adapted to Uzbekistan’s entrepreneurial ecosystem.

     

    Next Steps: Advancing the University Startup Ecosystem

     

    The forum reaffirmed that universities have the potential to evolve into centers of innovation, where students not only acquire knowledge but also develop successful startups. While incubation centers, acceleration programs, and funding mechanisms are already emerging, strengthening partnerships, fostering international collaboration, and enhancing access to investment opportunities remain crucial.

     

     

    The next step involves the active integration of universities into Uzbekistan’s innovation economy. By cultivating an environment conducive to student entrepreneurship, Uzbekistan is paving the way for young talent to access global markets and drive the country’s technological advancement.

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    26 July 2025

    GBSF 2025 outcomes: Uzbekistan strengthens its status as an IT hub

    Tashkent hosted the Global Business Services Forum 2025 (GBSF 2025), one of the most prominent events of the year in the field of IT outsourcing and digital services. Organized by IT Park Uzbekistan with the support of the Ministry of Digital Technologies, the event convened approximately 450 participants representing 260 companies, including 237 international companies from 40 countries. Among the attendees were representatives of multinational corporations, startups, government agencies, and venture capital funds.

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    Why the world is ready to work with Uzbek engineers: the case of Truss and the Zero Risk program

    Truss is one of the companies that clearly demonstrates how strong engineering teams from Uzbekistan can influence the global technology market. Today, it stands among the fastest-growing member companies of IT Park Uzbekistan, working with U.S. and European clients and building infrastructure for international hiring through the Employer of Record model. Truss co-founder Kadir Fuzaylov shared with IT Park how the company transformed the region’s potential into a competitive advantage and why Uzbekistan has become a key point of growth in their global strategy.

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    IT Park Uzbekistan hosted a follow-up meeting between Makhliyo Muksinova, Services Export Development Director at IT Park, and Mr. Wilson Go, President of Berlitz Philippines. The meeting served as a continuation of the dialogue initiated by Abdulakhad Kuchkarov, CEO of IT Park Uzbekistan, and Fortuna Joy de Lara, CEO of Berlitz Philippines and Berlitz Uzbekistan.

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    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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    12 September 2026

    La French Tech, Voodoo, and STATION F: New Avenues for Cooperation with Uzbekistan

    On September 9, as part of an official visit to France by a delegation from the Republic of Uzbekistan, a series of meetings were held with key representatives of the French tech and startup ecosystem. The Minister of Digital Technologies, Sherzod Shermatov, joined by Farkhod Ibragimov, Chief Executive of Enterprise Uzbekistan, and other delegation members, held talks with La French Tech, Voodoo, and STATION F.

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    IT Park Uzbekistan and Vention Discuss Expanding International Projects and Developing Company Operations in Uzbekistan

    On September 9, Azamat Karamatov, CEO of IT Park Uzbekistan, visited the office of international technology company Vention. During the meeting, the parties discussed the company's current operations in Uzbekistan, attracting foreign clients, building teams for international projects, and specific issues impacting the further expansion of operations.

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    IT Park Uzbekistan Expands Cooperation with Technology and Educational Organizations in Hong Kong

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    IT Park Uzbekistan Presented Uzbekistan’s Technology Ecosystem Opportunities to French and Other European Companies

    A meeting between representatives of the French and European technology and business communities and the Uzbek delegation led by Minister of Digital Technologies Sherzod Shermatov was held in Paris. The event took place at the Embassy of the Republic of Uzbekistan in France and focused on advancing technological and business cooperation between Uzbekistan and France.

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    IT Park Uzbekistan Expands Technology Partnerships in Bishkek

    As part of IT Park Uzbekistan’s delegation visit to Kyrgyzstan, the Digital Uzbekistan in Bishkek business mission was organized in Bishkek jointly with the High Technology Park of the Kyrgyz Republic.

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    10 September 2026

    IT Park Uzbekistan and East Telecom Discuss AI Infrastructure Development and Support for Uzbek Startups

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