IT Park Ventures has been launched in Uzbekistan to support startups
Author - Mansur Ismagulov
The Tech AI
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On December 7, as part of Digital Startups Week 2024, the IT Park Ventures venture fund was launched. It invests in startups in AI, fintech, and other areas: from $10,000 to $30,000 at the idea stage, up to $1 million for scalable projects. The fund will double international investments, provide loans of up to 300 million sum without collateral, and offer legal and marketing support.
On December 7, as part of Digital Startups Week 2024, the IT Park Ventures venture fund was officially launched. It will invest in startups in the fields of artificial intelligence, green technologies, educational solutions, fintech, and game development.
The fund offers funding at all stages:
From $10,000 to $30,000 — at the idea stage.
From $50,000 to $150,000 — for startups with a ready MVP.
Up to $1 million — for scalable projects.
IT Park Ventures will also double international investments attracted and provide loans of up to 300 million Uzbek som without collateral.
The fund plans comprehensive support: legal, marketing, and assistance in entering international markets. The launch of the fund will be an important step in the development of the startup ecosystem in Uzbekistan, which attracted $148 million in investments in 2024.
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