PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

608220

Primary Business Area

Other

Disclosure Date

Jul 31, 2025

Country

Uzbekistan

Region

Central Asia and Turkiye

IFC Approval Date

Jan 26, 2024

Status

Active

Estimated Total Budget

$550,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Aug 13, 2025

Project Estimated Start Date

Jan 15, 2024

Project Estimated End Date

Jun 30, 2027

Client Legal Name

MINISTRY OF INVESTMENT, INDUSTRY AND TRADE OF THE REPUBLIC OF UZBEKISTAN

Project Description

The project supports Uzbekistan’s startup ecosystem by enacting regulatory reforms, including Alternative Investment Funds and Startup Laws, to boost venture capital and private equity investments. It aims to build capacity in institutions, develop market-driven accelerators, and address skills gaps, targeting USD 100 million in startup funding by 2028 and a top 70 global startup ecosystem ranking by 2030.

Development Results

E&S Risks / Impacts and Mitigation