On December 25 of this year, Deputy Minister of Investment, Industry and Trade Khurram Teshabayev took part in an open dialogue between the leadership of the Ministry and young investors and entrepreneurs of the country that took place in Tashkent, the PR center of MIIT reports.
The event, organized by the Agency for Attracting Foreign Investments (FAI) at the MIIT, was attended by senior officials of the ministry, subordinate organizations, as well as online and offline formats by more than 500 representatives of the younger generation – successful investors and business people from all regions of the country.
Opening the meeting, Khurram Teshabayev emphasized the importance of involving young people in entrepreneurial and investment activities. A number of opportunities created in Uzbekistan to realize the potential of young people were noted, including within the framework of the “Uzbekistan-2030 Strategy”.
Today, the task of providing comprehensive support to young entrepreneurs and investors has been elevated to the level of state policy. Youth industrial-entrepreneurial zones with preferential treatment for manufacturers have been created, a Fund to support young entrepreneurs has been established, which provides assistance in the implementation of investment projects and entrepreneurial initiatives, covering the production of products and the provision of services, start-up projects and scientific research.
Young entrepreneurs in the country can receive support both by obtaining an infrastructurally developed territory for organizing production facilities, and in the form of financial assistance for the implementation of projects for the production of import-substituting products that are in high demand in foreign markets. To date, the Foundation for Support of Young Entrepreneurs has allocated funds for the implementation of about 700 youth projects, including about 150 of them located in Youth Industrial Zones.
During the open dialogue, a number of successful large youth projects were cited as motivating examples. These implemented investment projects already occupy confident positions in the domestic market, including as reputable exporters of quality products.
According to the round table participants, the exchange of successful experience made it possible to outline new guidelines, expand the vision and plans for further development.
The event concluded with a question and answer session, where young investors and entrepreneurs were able to raise topics that concern them and share promising ideas. Responsible managers were given targeted instructions to take prompt measures to resolve the issues raised and to include interesting innovative proposals from young people in the relevant “Road Maps”.
For reference: From the Fund for Support of Young Entrepreneurs, 21.5 billion soums of grant funds were allocated for 26 winning projects in the start-up project competition, and it is also planned to allocate 40 million US dollars to finance projects in youth industrial and entrepreneurial zones of Surkhandarya region, including purchase of industrial buildings on the basis of “Industrial Mortgage”.
+998 78 150-150-6
info@sverenins.uz