Prestigious universities such as Harvard University, Stanford University, and the London School of Economics are preparing to teach youth entrepreneurship based on advanced experiences. Through the "New Generation Entrepreneurs" program, at least 40,000 young people will acquire business skills.
The best 1,000 young people who successfully complete the program will be allocated a loan of up to 200 million soums at 7% interest for a period of three years. Annually, through the "Young Entrepreneurs" competition, up to 1 billion soums will be allocated to turn the best 100 projects into brands.
With the help of banks and consulting companies, 50,000 young entrepreneurs will be supported in preparing business plans, and with the assistance of major retail networks and specialists, at least 20,000 young people will be trained in entrepreneurship.
Starting March 1, the infrastructure connection costs for young entrepreneurs starting new businesses will be covered by the fund.
