Startup Central Eurasia Summit 2022

21 April, 2022

Every year, Startup Genome publishes a ranking of the world's best startup ecosystems. For several years, the US and the UK have been in the lead, and recently China and Israel have also been included in the top rankings. The Central Eurasian region, on the other hand, hardly appears in such rankings. This is primarily due to the relatively recent emergence of the startup movement in Central Eurasia and neighbouring countries, as well as limited opportunities for allocating large amounts of resources for the development of this area.

To promote cooperation among Central Eurasian startup ecosystems, the first Startup Central Eurasia platform event was organised in Tashkent in 2019 and the Tashkent Declaration on Cooperation was signed with the support of the ITU

To strengthen the countries' development in specific promising areas, a communiqué on cooperation and thematic alliances within the Startup Central Eurasia Platform was signed in November 2021 at the ITU seminar «Regional cooperation of startup ecosystems as a key factor for global digital leadership – Startup Central Eurasia Platform» between IT parks, innovation hubs, venture capital funds, business accelerators and incubators of Central Eurasia region, with the main objective to strengthen the competitiveness of organizations by creating. 

On 14-15 April 2022, Startup Central Eurasia Summit was held in a hybrid format – online and physical (Tbilisi, Georgia). As part of the programme, participants learned about the opportunities for IT companies to enter the Silicon Valley market, received training for start-ups on email sales and conducted networking sessions with leading IT and innovation organisations from Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan. 

Irakli Kashibadze, CEO of Future Laboratory and Founder of Startup Central Eurasia platform, presented further plans for the competitive development of the platform, including the writing of the Startup Central Eurasia Ecosystem Report 2022 and the Startup KPIs performance measurement system. 

On the second day, the participants of the alliances had working meetings where they could discuss the challenges faced by the startup ecosystems of the countries and propose ideas for their joint solution. 

Participants included IT parks, business hubs and venture funds from Azerbaijan, Georgia, Kazakhstan and Uzbekistan. 
 

«It is here, on platforms like this that we can see the weak spots in the development of startup ecosystems that are not visible to all». 

 Dilshod Zufarov – Managing Partner at UZCARD Ventures.

 

«Cooperation, integration, collaboration with international platforms such as Startup Central Eurasia – this is absolutely appropriate for us. The second big stage of Astana Hub development on internationalization should start from such collaborations». 

Magzhan Madiev – CEO of the International Technopark of IT start-ups Astana Hub  in Kazakhstan.


The alliance participants highlighted such areas for further cooperation as cooperation and interaction with the private sector, the need to create a quality base of advisers for start-ups in the region, investment training and assistance for start-ups to enter other markets, including Silicon Valley.

 

«SCE Platform will make a great contribution to the development of the start-up ecosystem in Central Eurasia, accelerating development through co-operation and active collaboration, and will contribute to the emergence of a large number of global start-ups and 'unicorns' in the countries of the region»

Irakli Kashibadze – CEO Future laboratory and founder of Startup Central Eurasia.