Monday, 09 November 2026

RU UZ ENTelegram

Uzbekistan Expands State Support for Youth Startups

The Cabinet of Ministers has updated the procedure for financing youth business projects (Resolution No. 598 dated October 30). The funds are allocated by the Youth Entrepreneurship Development Fund under the Agency for Youth Affairs.

02 Nov, 19:03Read in Russian

Matias Malka, Unsplash

The Cabinet of Ministers has updated the procedure for financing youth business projects (Resolution No. 598 dated October 30). The funds are allocated by the Youth Entrepreneurship Development Fund under the Agency for Youth Affairs.

The Fund will cover up to 50% of startup expenses. Up to 100 million Uzbekistani soms can be obtained for mentors and experts, up to $20,000 for training and acceleration programs, and up to $50,000 for prototypes in technoparks and university R&D centers. Patenting costs will also be compensated separately.

Annually, up to 20 projects will be able to receive interest-free loans of up to 5 billion soms for the creation of startup studios and accelerators. The loan term will be up to five years. The funds can be spent on the operation of the center but not on investments in startups.

Additionally, bank loans of up to 5 billion soms for a term of up to seven years at the Central Bank rate plus 4 percentage points are provided.

Read also

Uzbekistan becomes full member of GPDNet public diplomacy network

Central Asia16:28

Uzbekistan Develops Procedure for Testing Civil Servants' Resistance to Corruption

Central Asia15:51

Deposit for electronic queue at Kazakhstan-Uzbekistan border postponed

Central Asia15:23

Uzbekistan becomes full member of GPDNet public diplomacy networkUzbekistan May Begin Producing ATMsUzbekistan Develops Procedure for Testing Civil Servants' Resistance to CorruptionUzbekistan to Develop Programs for Robotics and MicroelectronicsDeposit for electronic queue at Kazakhstan-Uzbekistan border postponedTesla Sales in China Drop by 66% and Hit Lowest Level Since July 2022Companies in the Future Technologies Center in Nurafshan to Receive IT Park BenefitsOver 26,000 single doses of drugs seized in Tashkent and regionNew Director Appointed at Almaty Branch of Republican Physics and Mathematics School Following Mass Poisoning of StudentsInflation in Uzbekistan Accelerates to 6.5% — Food Prices Had the Strongest Impact in OctoberKazakhstan to review road tolls: who will be affected by the changesKazakhstan Ratifies Agreement with Uzbekistan to Open Customs Representative OfficesOpenAI AI agents discovered 948 ways to gain root access in LinuxInternational Symposium on Cultural Ties Between Uzbekistan and Oman Held in MuscatOpen a website—and lose passwords: researchers uncover attacks on Android smartphonesUzbekistan Plans to Double Uranium Production by 2030Underground laboratory producing cookies and marmalade with hashish oil uncovered in TashkentKyrgyzstan President Japarov Instructs Consideration of Ban on Energy Drink Production and ImportKyrgyzstan bans sale of apartments and collection of funds before foundation completionBishkek Hosts Discussion on Joint Industrial Projects and Investments in Central AsiaAI to Help Assess Crime in Uzbekistan — Residents' Sense of Security to Be ConsideredBukhara Oil Refinery Plans to Double Capacity Following $328 Million UpgradeKazakhstan and Uzbekistan to permit more flights between Tashkent, Almaty, and AstanaHeating Costs to Rise More Than Expected: Central Bank Raises Inflation Forecast to 7%Kazakhstan Requests Resumption of Oil Supplies to Germany via Druzhba PipelineUzbekistan Central Bank Sets Condition for Reducing Key RateNothing Prepares Mysterious Screenless AI Device — Announcement Expected in DecemberBrent Falls to $100 on Bets of US-Iran DealSpaceX plans to enter cellular communications: Starlink signal may reach smartphones directlyNew Bukhara Airport Worth $300 Million to Open by Independence Day in 2027Lithium-free battery withstands 93,000 cycles — for now, in the labFormer 4Minute Member Jeon Ji-yoon to MarryHackers exploit vulnerability in WordPress updateSouth Korea to Allocate up to $1.9 Million to Dushanbe for Smart Transport DevelopmentHuawei Prepares Desktop PC Without Windows: Computer Running HarmonyOS Built on Kirin X90Remittances to Uzbekistan reach $15.2 billion, but growth slowsConstruction of new Khalka substation and 285 km power transmission line completed in UzbekistanChatGPT Catching Up to Google? OpenAI Reports Search Queries at 20% of Competitor's LevelRahmon Opens Autism Center in Dushanbe and Launches Construction of Transplantology CenterKazakhstan's Prime Minister Explains Causes of Military Deaths in the CaspianStocks in Uzbekistan — which companies became more expensive and cheaper over the weekGoogle Announces It Will Block Access to Search Engine for Schools Banning AIDiamond Prices Declined in October Due to Rising StocksUzbekistan to Build Toll Road Between Bukhara and SamarkandSyrdarya Region Plans to Establish Driver Training Center for JapanSamsung to build US chip factory for AMD and Nvidia — it will produce logic for HBM4Earthquake with magnitude 5.2 occurs in KyrgyzstanMinsk and Tashkent embark on a new phase of cooperation in nuclear energyBukhara Region Develops Petrochemical Cluster: Investments to Reach $292 MillionCanva Announces Changes and Layoffs Affecting 22% of EmployeesSeven new stadiums under construction in Kazakhstan: where and what kind?Uzbekistan Seeks to Protect Buyers' Funds for New Housing with Escrow AccountsRosatom develops zero-waste lithium extraction technology in UzbekistanBinance: Hackers Used Fake Job Interviews to Steal $6.3 Billion in CryptocurrencyUpdated Zeekr 7X Spotted in China Ahead of LaunchUzbekistan to Offer Tax Incentives to Businesses for Training SpecialistsInvestors Led by Blackstone Become Partners with Mitsubishi on LNG Canada Project“Narodnaya Stroyka” to Expand Across the Entire Country — TokayevSaudi Aramco Boosts Net Profit by a Third in Q3Share of Unobserved Economy in Uzbekistan Drops Below 22% of GDPPrice of propane for the population in Uzbekistan to increase 2.5 timesShavkat Mirziyoyev Reviews Progress on Construction of Congress Hall and Hotels in BukharaChina creates four-meter-tall giant robot capable of lifting up to half a tonUzbekistan Utilised $44.3 Billion in Foreign Investments Over Nine MonthsUS-backed consortium proposes $4.4 billion LNG terminal in PakistanPublications about Uzbekistan transferred to Harvard University LibraryAI Accelerates Nuclear Renaissance — Number of Nuclear Power Plants Under Construction Hits 40-Year HighApple Cannot Predict When iPhone Duo Supply Will Match DemandApple CEO Unable to Say When Foldable iPhone Duo Shortage Will EndOpenAI to help UAE oil company implement artificial intelligenceFormer Xbox Chief Operating Officer Alleges 'Serious Concerns' Over Sudden DismissalAsian Cup football tournament postponed to December 2027Capcom Reports Box Office Success of Street Fighter Film and Bets on Franchise ExpansionApple Sets iPhone Sales Record Even Without New Base ModelSaudi Defense Minister and Pentagon Chief Discuss Military CooperationPyongyang Denies Allegations of Involvement in Binance Cryptocurrency Exchange HackMarvell Agrees to Acquire Lumentum for 115 Billion DollarsKazakhstan to Tighten Rules for Importing Personal Vehicles Starting in DecemberOpenAI Enters Agreements in Energy, Public Administration, and Abu Dhabi InvestmentsThousands of strangers attend orphan's wedding in China after online invitationData centers move to the Arctic: why servers need permafrostA unified migration center to be established in every region of Uzbekistan — presidentBukhara to Host the 19th Annual UNESCO Creative Cities Network Conference in 2027Private agencies to receive 1.5 million Uzbekistani soms for each citizen employed abroadPolina Kudermetova and Maria Timofeeva win Guangzhou OpenTurkey Introduces Social Media Ban for Children Under 15China’s Auto Market Sees Some Automakers Break Records While Others Lose GroundAsia's First Laser Search Stations for Extraterrestrial Civilizations Launched in Saudi ArabiaKyrgyzstan Proposes Restricting Coal Exports AbroadCCTV did not show La Liga's 11th-round matches after Mbappé scandalNew Rules for Advertising SMS and Calls to Take Effect in UzbekistanArakchi Announces Iran's Continuation of Negotiations on the Strait of Hormuz with Qatari MediatorsUzbekistan produced 7 billion 230.2 million kWh of electricity in OctoberLi Auto Deliveries in October Fell to 29,025 — the Lowest Figure Since FebruaryThousands rally in Indian opposition protest against election commission chiefBP nearly quadruples profit amid high refining marginsAMD may raise Radeon graphics card prices again in NovemberCameras to become more expensive too: Canon plans to shift rising costs onto customersAir France Extends Suspension of Flights to Riyadh Until 12 DecemberChina Plans to Test Reusable SpacecraftChristopher Nolan’s “The Odyssey” Surpasses $1.8 Billion and Continues to Set Box-Office RecordsUzbekistan's Airport Passenger Traffic Reaches 12.6 Million PeopleOpenAI CEO dissatisfied that users keep RAM for themselves instead of giving it to data centersGaps in Radiation Control Detected at Kyrgyzstan's BorderCentral Asia may face electricity shortages — EDBMalicious Claude Code Extension Infected Up to 5,000 DevelopersSadyr Japarov calls for expanding cooperation among OTS countries in energyMirziyoyev Proposes OTS to Adopt Treaty on Mutual Legal Assistance in Commercial MattersSilver prices drop below $50 per ounce for the first time since November 2025Ronaldo will not travel to Uzbekistan for match against Pakhtakor in Asian Champions LeagueCentral Bank Names Uzbekistan's Largest Banks by AssetsUzbekistan may launch a unified platform for purchasing tickets for various modes of transportToyota bZ4X to become Waymo robotaxis for Japan and BritainChinese Market Deals Blow to Audi: Company Profit Falls SevenfoldKassym-Jomart Tokayev Proposes Including Russia in the Organization of Turkic StatesShavkat Mirziyoyev Proposes New Cooperation Measures at Organization of Turkic States Summit