At the meeting with business leaders on Wednesday, the President Shavkat Mirziyoyev announced the launch of a new investment platform that would allow companies to raise funds directly from investors.
According to him, the current rules require that investors be included among the founders of a limited liability company, which does not suit everyone. As a result, the main burden of providing resources still falls on banks.
Now an investment platform will be launched to simplify fund raising for projects. Any company may place its project on this platform, and potential investors will be able to choose the area of interest and invest funds, the head of state said.
It is expected that thanks to this mechanism, businesses will be able to attract an additional $ 1 billion annually.
Shavkat Mirziyoyev also mentioned about the booming startup ecosystem: today there are more than 600 startups in Uzbekistan. In the first seven months, startups attracted $ 264 million in foreign investment - four times more than in the whole of 2024.
As Mirziyoyev noted, it is planned to commercialize 1,000 ideas, of which 200 will tap the international market. It is planned to turn 100 domestic startups into world-class companies. $100 million will be allocated for this.
The Yosh Tadbirkorlar (Young Entrepreneurs) Contest will also be held, the winners of which will receive investments of up to 1 billion soums and will be awarded annually on August 20 - Entrepreneurs' Day.
In addition, businesses will be reimbursed for VAT for goods sold through national and international marketplaces, the number of which has reached 163.
To expand digital financial services, an "open banking" ecosystem will be introduced, which will unite banks, fintech companies and startups.
According to government estimates, through these measures, the volume of investments in startups in the coming years will increase tenfold.
