Central Asia’s Leading Tech Parks Unite to Boost Regional
Innovation
IT Park Uzbekistan and Astana Hub, the top technology parks
in Central Asia, have teamed up under a new unified brand, Central Asian
Innovation Hubs. The goal is to elevate the region’s startup ecosystem and
strengthen its global innovation footprint.
During ICT Week Uzbekistan 2024, Farhkod Ibragimov, IT Park
Uzbekistan CEO, and Magzhan Madiyev, Astana Hub CEO, signed a memorandum of
cooperation, reported Astana Hub press service on Sept. 18.
“The goal of this partnership is to
establish a regional identity, share expertise in developing startup ecosystems
and venture capital funds, and implement several joint initiatives to promote
promising Central Asian projects on the international stage,” reads the
statement.
By the end of this year, the tech parks of both countries
will represent the unified brand at several major international events,
including InMerge in Baku, TechCrunch in San Francisco, and WebSummit in
Lisbon. At InMerge, four regional startups will be showcased to international
investors and funds, while TechCrunch will feature 20 startups, and WebSummit
will present 16.
The partnership aims to ensure the participation of regional
startup projects inthe Hero Training
Program of Draper University, Stanford HealthTech Accelerator, and Alchemist
Accelerator.
“This partnership will give a boost and
a new direction to the development of startup ecosystems in both countries and
the region as a whole, enhancing Central Asia’s investment appeal. The
establishment of Central Asia Innovation Hubs will increase the global
visibility of regional startups and create new opportunities for founders to
present their innovations to industry leaders worldwide,” reads the statement.