“New Generation of Entrepreneurs” program to be launched

“New Generation of Entrepreneurs” program to be launched
In brief

Uzbekistan has launched the "New Generation of Entrepreneurs" program as part of the "Youth of New Uzbekistan – 2030" strategy to bolster youth employment and entrepreneurial skills. The initiative aims to train 20,000 young people by 2030 through specialized courses led by local and international experts, focusing on business development and market expansion. The top 1,000 graduates will receive certificates granting access to preferential loans at half the Central Bank's base rate, featuring a six-month grace period. Additionally, the government will provide financial support to cover infrastructure costs and assist in the establishment of new farming enterprises.

In accordance with a new resolution adopted on April 20, 2026, the “New Generation of Entrepreneurs” program will be launched, Uza.uz reports. This program is being implemented within the framework of the “Youth of New Uzbekistan – 2030” strategy and is aimed at ensuring youth employment and increasing entrepreneurial potential.

Under the program, 20,000 young individuals will be trained in entrepreneurship by 2030. They will undergo specialized education with the participation of local and foreign experts. Additionally, cooperation with the private sector will be established, with a particular focus on developing practical business skills. The training sessions will cover areas such as business project development, market entry, and scaling operations.

At the conclusion of the program, testing will be conducted, and certificates will be awarded to 1,000 young people who demonstrate the highest results. Based on these certificates, they will be allocated loans for a term of up to 3 years, with a 6-month grace period, at a rate equivalent to 50 percent of the Central Bank's base rate. Furthermore, costs for new farms and infrastructure will be partially covered by the state.

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