Reimbursement of costs for engaging mentors for incubators and accelerators

Who can apply:

• Legal entities registered in Uzbekistan.
• Participants of the startup ecosystem registered on the startupbase.uz platform.
• Legal entities with at least one year of activity.
• Organizations that have successfully implemented at least two incubation or acceleration programs.
• A Demo Day held at the end of the program (startups must have presented in front of investors).

What expenses are covered:

• Fees paid to mentors and trainers.
• Expenses confirmed by contracts, service acts, invoices, payment orders, and bank statements.
• Up to 50% is reimbursed.
• Annual limit: equivalent to 50,000 USD (within a calendar year).
• Applications can be submitted twice a year.

List of required documents:

• Final report (program results, list of participants and mentors, photo report).
• Contracts and/or agreements signed with mentors/trainers.
• Service acceptance acts for the provided services.
• Payment orders and bank statements (if applicable).
• Financial report (actual expenses).
• Receipts, invoices, and other financial documents.

Review procedure:

1. Initial evaluation:

• The application is submitted via the startupbase.uz platform.
• Program cost and compensation limit are calculated automatically.

2. Main application submission:

• Main application submission:
• After the program is completed, all documents are submitted via the platform.

3. Expert evaluation:

• The Directorate reviews the application (5 working days).
• The Expert Commission reviews the application (10 working days).
• Decision: approval or rejection.

4. Payment:

• If approved, an agreement is concluded with the Directorate.
• Funds are transferred to the applicant’s bank account within 10 banking days.