First Venture Capital School to boost up startups in Tajikistan

Posted March 31, 2022

Photo: UNDP Tajikistan

The first Venture Capital School was inaugurated in Tajikistan on 29 March 2022 by the Business Incubator in collaboration with USAID and the United Nations Development Programme (UNDP).

The opening ceremony was held with the leadership of the State Committee for Investments and State Property Management of Tajikistan, representatives of development partners and the private sector.

This initiative will attract domestic and foreign investors to invest in startup projects in Tajikistan. The attraction of venture capital will allow for the financing of a more significant number of startup projects, which will enhance the development of small businesses in the country.

Photo: UNDP Tajikistan

The school is co-financed by UNDP’s “Digital Solution and Adaptation” project and USAID, which currently involves 11 entrepreneurs and four business trainers. It will promote venture investment among private companies to ensure the financial access of young startups.

UNDP will closely work with the State Committee for Investments and State Property Management of Tajikistan and other partners to improve legislation related to venture capital and promote venture culture in the private sector.