Tashkent, Uzbekistan (UzDaily.com) — IT Park Uzbekistan and Astana Hub, the largest tech parks in Central Asia, are joining efforts to develop the regional startup ecosystem and promote innovation potential on the global stage under the unified brand Central Asian Innovation Hubs.

During ICT WEEK UZBEKISTAN 2024, Farhod Ibragimov, General Director of IT Park Uzbekistan, and Magzhan Madiyev, General Director of Astana Hub, signed a memorandum of cooperation.

The goal of this partnership is to create a regional identity, exchange experience in developing startup ecosystems and venture funds, and implement joint initiatives to promote promising Central Asian projects on international platforms.

By the end of this year, tech parks from both countries will represent the unified brand at several major international events, including InMerge (Baku), TechCrunch (San Francisco), and WebSummit (Lisbon).

At InMerge, four startups from the region will be presented to international investors and funds, at TechCrunch — 20, and at WebSummit — 16.

Additionally, plans include ensuring regional startup projects’ participation in the Hero Training Program (Draper University), Stanford HealthTech Accelerator, and Alchemist Accelerator.

This partnership will boost and provide a new development vector for the startup ecosystems of both countries and the region as a whole, enhancing Central Asia’s investment attractiveness.

The establishment of Central Asian Innovation Hubs will increase the global recognition of regional startups and open new opportunities for founders to showcase their developments to industry leaders on the world stage.