News ·

Grants of up to 1 billion UZS and interest-free loans: spin-off enterprises to be created at technical colleges

The authorities have allowed launching businesses on the basis of educational institutions and developing startups with high commercial potential.

Why is this important

The state is introducing direct financial support for launching applied developments based on technical education. This expands the “education — startup — production” chain and creates a channel for the commercialization of students’ ideas. The emergence of spin-offs within colleges forms a new model of workforce training through real projects. Financing through loans and grants lowers entry barriers for initiators and educational institutions.

What happened

  • The authorities of Uzbekistan have approved measures to create professional workshop laboratories and support spin-off enterprises at technical colleges.
  • By October 1, 2026, such workshops must be established in every district and city on the basis of technical colleges and non-state supplementary education organizations.
  • Also, starting from 2026, it will be permitted to create spin-off enterprises for the development and commercialization of high-potential startup projects.

Numbers and facts

  • Initiators of workshop laboratories will be provided with interest-free loans for up to three years with a six-month grace period.
  • The maximum loan amount will be up to 1,200 times the minimum wage.
  • Spin-off enterprises will be able to be located in vacant buildings and premises of relevant institutions with lease terms of up to five years.
  • At the same time, privatization of the state share in the authorized capital of such enterprises is prohibited for five years.
  • Subsidiary enterprises will be allocated grants of up to 1 billion UZS from the Vocational Education Development Fund to implement startup projects of technical college students.

Context

  • For educational institutions, this represents a transition to a model in which they become platforms for launching businesses and developing products.
  • Entrepreneurs and initiators gain access to affordable financing and infrastructure for testing ideas.
  • Students will be able to work on projects with real funding and prospects of entering the market.
  • For the state, this serves as a tool to accelerate applied innovation and train personnel for specific sectors.

Последние новости

Read also

When using materials, a hyperlink to Frank is required.

18+