“Startup and investor day” in Nukus becomes a platform for new ideas and opportunities

A “Startup and investor day” event was held in Nukus, Republic of Karakalpakstan, at the initiative of Uzsanoatqurilishbank. The event brought together around 150 participants, including representatives of local and international venture funds, accelerators, investors, media representatives, and active youth.

Today, the idea of uniting startups and investors on a single platform is proving to be one of the most effective approaches in the global economy. The priority tasks set out in the Presidential Decree No. PF–223 dated
December 20, 2024—such as stimulating regional economic growth, increasing employment, and enhancing institutional accountability—were reflected in practice through this forum.

“Startup and Investor Day” served as a valuable platform for identifying promising, innovative, and competitive projects, supporting them, and helping implement them in real life. Moreover, the event marked one of the first practical steps within the scope of the activities of the investment company “SQB Ventures,” further enhancing its significance.

Alongside “SQB Ventures,” leading local and international stakeholders of the startup ecosystem participated in the event, including “Aloqa Ventures,” “UC Ventures,” “Startup Garage,” “UzVC,” “Sturgeon Capital” (UK), “IT Park Ventures,” “Plug and Play” (USA), as well as startup founders from the cities of Nukus and Tashkent.

Within the forum, young entrepreneurs presented their startup ideas and began refining them based on feedback from investors.

The event also featured open discussions with experienced specialists in the startup field, workshops on reliable strategies for attracting investment, and masterclasses focused on creating minimum viable products (MVPs).

The pitch sessions were engaging and interactive, filled with Q&A exchanges, through which participants received practical advice from experts. Informal networking opportunities enabled experience sharing and the establishment of promising partnerships.

Additionally, Uzsanoatqurilishbank presented information about its ongoing efforts to boost regional economic potential, ensure financial stability, and support innovation. The bank’s investment policy, which emphasizes environmental sustainability and digital technologies, generated significant interest among attendees.

As part of the forum, an official launch of the acceleration program was announced.

At the conclusion of the event, based on participants' feedback, several proposals were developed. These included organizing similar events in other regions of the country, deepening cooperation with accelerators and venture funds, developing new targeted startup programs for youth in Nukus, providing focused support, and implementing regular meetings and monitoring systems to enhance the effectiveness of such collaborations.

Overall, it was emphasized that “Startup and Investor Day” would contribute not only to the development of an innovation-friendly environment in Karakalpakstan but also across all regions of the country.

                                                                             Bank Information Service

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