IT Park Uzbekistan and QUAY Acceleration launch a program to help startups enter the US market

As part of the Uzbek delegation's visit to the United States, Elbek Kariev, the Permanent Representative of IT Park Uzbekistan in America, held a meeting with Francis Simovitz, CEO of QUAY Acceleration. The parties discussed the prospects of cooperation within a hybrid program aimed at supporting Uzbek startups planning to enter the North American market. QUAY, founded in 2020, specializes in startup acceleration and their international expansion. The company's annual turnover is $20 million, and its programs include virtual accelerators, immersive trips to New York, pitch training, mentorship support, investor matchmaking, and assistance for startups from Europe, Central Asia, Latin America, and MENA in entering the US market.

QUAY already collaborates with acceleration programs in Kazakhstan and Kyrgyzstan, helping founders attract investments and conclude strategic deals. The company presented IT Park Uzbekistan with a detailed plan for a hybrid program designed for 15 startups. It includes a four-week virtual accelerator with training on the basics of entering the US market, a five-day immersive trip to New York with meetings with investors, partners, and experts, a modular budget, and flexible terms adapted to the priorities of IT Park Uzbekistan.

Supporting export-oriented startups is one of the key focuses of IT Park Uzbekistan. Programs like QUAY Acceleration not only strengthen Uzbekistan's position on the global innovation map but also provide founders with access to unique knowledge and professional contacts.

The partnership with QUAY Acceleration can become an important step for startups from Uzbekistan aiming to scale internationally. The company's experience in working with the American market, combined with the opportunities of IT Park Uzbekistan, opens the path to foreign investments and strategic alliances. In the coming months, the parties plan to agree on a joint roadmap.

Source: IT Park Uzbekistan