There is a mechanism for providing investment funds aimed at supporting startups that have attracted funding from foreign venture funds with assets exceeding 50 million USD.
Who can apply:
Legal entities registered in Uzbekistan.
Startups that have applied for the digital startup program and successfully passed the selection process on the startupbase.uz platform.
Startups that have attracted funding from foreign venture funds with assets exceeding 50 million USD.
What expenses are covered:
Investment funds proportional to the attracted investments, but not exceeding 100,000 USD.
Review procedure:
The application will be reviewed by the Venture Fund within 15 working days.
Completeness of documents and compliance with requirements will be checked.
The decision will be made by the Investment Committee.
If approved, the applicant signs the investment agreement and the funds will be transferred to the bank account within 5 banking days.
Reasons for rejection:
Incomplete or incorrect information.
Non-compliance with the requirements of the regulation.
Misuse of the attracted funds.
If any errors are found, the application will be returned for revision with a notification sent via email. Corrections should be made in the personal account on the startupbase.uz website, after which the application can be resubmitted.
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