The Ministry of Economy and Finance of Uzbekistan held a working group roundtable on the concept for a draft law On Startups and a seminar-training on implementing and supporting startup projects in the regions. The event formed part of the implementation of the 11 February 2026 presidential decision on introducing a comprehensive startup support ecosystem and focused on the proposed legal framework for the startup ecosystem. Participants included responsible ministries and agencies, venture fund representatives, experts from international financial institutions including the United Nations Development Programme, and regional and local officials. Discussions covered the legal status of startup ecosystem participants, startup registration procedures, the rights of venture funds and investors, state support mechanisms, intellectual property protection, commercialization of innovation, and development of startup ecosystems in the regions. Particular attention was given to embedding in legislation the core concepts of startup, startup project, institutional investor, venture fund, business angel, accelerator, and incubator. The second part of the event focused on coordinating the formation and implementation of regional startup initiatives, with presentations from IT Park, the UzVC National Venture Fund and Aloqa Ventures on financing and developing startup projects. Proposals on startup ecosystem development, regional problems and possible solutions will be reviewed further through the relevant procedures.
Ministry of Finance (Republic of Uzbekistan)2026-05-08
Uzbekistan Ministry of Economy and Finance holds working group discussion on draft Startups law concept and regional support
The Ministry of Economy and Finance of Uzbekistan convened a working group roundtable and seminar on a draft law On Startups and on supporting regional startup projects, as part of the presidential decision to introduce a comprehensive startup support ecosystem. Discussions addressed the legal status and registration of ecosystem participants, rights of venture funds and investors, state support mechanisms, intellectual property protection and commercialization, and embedding concepts such as startup, institutional investor, venture fund, business angel, accelerator and incubator in legislation, alongside coordination of regional initiatives and financing.