Quick check of project viability, which will save time and resources
About the programme
Intensive programme to support development of innovative ideas and startup projects provides opportunity for young people to test their innovative ideas and startup projects in cooperation with partner organizations, create their own startups, develop their skills and capacity in the field of entrepreneurship.
What will the programme participants get
Participation in the acceleration programme
Quick check of project viability, which will save time and resources
On methodology and tools for launching and developing innovative ideas and startup projects
Project road map
Developed by you together with business mentor accompanying your team
Workshops and consulting
Participating in seminars and getting expertise from mentors and leading experts of the market
Marketing and customer studies
Identification of target audience, testing value propositions and hypotheses of the project
Access to the resources of partner organizations for creating Minimum Viable Product of project, testing and getting feedback
Presentation on investors
Finalists of the programme will present their startup on Demo Day and may attract investment for the implementation of the project
Finansial support and prizes
The best projects will receive valuable prizes and targeted gratuitous cash rewards of up to 50 million soums for the development of the project
PR of your project, assistance in attracting investments and participation in acceleration programmes of foreign countries
Who can participate?
Initiative youth above 16 years old, entrepreneurs, inventors, students, teachers and researchers of higher educational institutions, graduates of vocational colleges and academic lyceums are invited to participate in the programme
What is required from participants ?
Why one should participate in our programme?
IT IS USEFUL
You will get knowledge, skills and expertise on launching and developing a startup from the best experts of the country’s startup community: as through communication with mentors, successful entrepreneurs, as well as during educational programmes
IT IS FAST
During the three months of participation, you can not only test the idea, develop the skills and potential of a technology entrepreneur, but also start creating your startup and get financing for its launch
IT IS FREE
Participation in the programme is free, and the organizers do not claim a share in your project or your intellectual property
Teams must be able to build a Minimum Viable Product during their participation in the programme (3 months)
Solving the problem
Your product or service should be focused on solving specific problems of the target audience, and correspond to the business request of the partner organizations
The project should be based on a unique innovative solution that is different from competitors, with a clear and attractive value proposition
Your product or solution must have significant market value and great potential for growth and scale
The project should have determined and capable team of at least 2 individuals who are focused on results and ready for intensive work
Preliminary selection on the basis of technological and business evaluation of applications received. Projects that have successfully completed this stage will be invited to an in-person meeting – an interview with an expert group
Interviews with teams and project evaluation. The expert group will identify promising innovative ideas and startup projects for participation in the support programme
The launch of the support programme (acceleration programme) begins with an educational course on the Lean Startup methodology, with the participation of teams of selected projects
Individual work with business mentors, workshops and expert advices (mentors), hypothesis testing, development of minimum viable models, test sales and market research
“Demo-day” – presentation of participants’ results in the regions and the national stage of “Demo-day” in Tashkent.
The most ambitious and effective innovators will meet at the final. We will reward best projects with encouraging prizes and financial funds
Priority areas of technologies
Applications accepted till october 13, 2019
For your convenience, you can download the application form in MS Word format, write answers offline, and copy to the online formDownload application
Publications about us
The Startup Initiative programme serves as an excellent foundation for those who want to create a startup. It is like filtering from an idea to a real startup. You will be taught how to start and do everything correctly in the shortest possible time.
If you want to have networking and mentoring, that’s the place for you to be.
Case: At the end of 2018, our UniBus startup (current name Passenger Transit) almost crashed financially. But thanks to this particular programme, we were able to raise $ 200,000 investment on “Demo day”. That’s cool!
I think in order to realize your idea and turn it into a cool startup, you need to be bold and always be able to sell yourself.
As for the mentors, I am grateful to Zhasur Ruzmetov and Aziz Rakhimov for helping us with advice in the field of product, unique selling proposition.
Special thanks to the coordinator of the programme, Usmon Rakhimdzhanov, who poured his whole soul into this project and continues to work day and night despite any obstacles and help young people achieve their ambitious goals!
Thanks to participation in several startup contests, we got acquainted with the Lean Startup and Customer Development methodologies. We learned how to conduct a thryfty launch: to start from a “duct tape solution” and use a small-scale MVP for testing customer demand manually. This technique changed our initial idea of starting a business, and helped us a lot with planning the budget and find buyers.
During the competition, we laid the foundation of our financial and economic education, we received confidence boost that is necessary to start, received an assessment of our idea (luckily, it turned out to be quite high!). After going through all the cycles of the program, creating a minimum viable product, manually examining the demand for our product, we reached the finals. We were learning and trying new things at each stage of the competition, prepared on the advice of our trackers, experienced and respected professionals in their field, presenting their ideas and product on Demo Day.
In conclusion, if I may advise you: be sure to participate in the competition of startup initiatives. It is very important and useful. You will meet a lot of smart and successful people, you will be inspired by workshops, you will feel the atmosphere of victory, discover a lot of new things, look at the world from a different angle, and believe in yourself. And you know, this is an invaluable experience! Act! And you will definitely win!
This programme provided us with much more support and experience than we even expected.
Starting with the first stages of the programme, successful entrepreneurs and experts of Uzbekistan conducted for us master classes and practical expert sessions that helped us in a short time to realize our project in a qualitative way. During the ‘Startup Initiative’ programme with the support of our mentor Usmon Rakhimjanov, we managed to turn our idea into a finished product, became the finalists at ‘Demo Day’. We were approached by several investors who were ready to finance our project. Among them we chose an investor with the most suitable conditions and today we work with them. With the help of the aroba.uz platform, we bring the service of intercity taxi of Uzbekistan to a new level, working with about 500 drivers.
Initially, we submitted the application with another project, but after studying the problem and our needs, we realized that the idea we had did not make sense at all.
During the work with our mentor (Aziz Rakhimov) we came up with a new idea and started work in this way.
What did the programme give us? We have learned not just to think, but to act, to think flexibly and react quickly. We realized that the most important issue is the Team! You can have super software engineers, but they are not good at selling or even at accounting. When you hear this idea you can’t believe and think that you will cope with everything! But in reality it is not always possible. The main conclusion for me is not to be afraid! Go forward, you can move slowly, but move! This is important!
The ‘Startup Initiative’ project helped me to take a fresh look at business development, to learn how to identify potential problems of consumers, and thus open up new business opportunities. Our team received a lot of useful tips for our startup development, which helps to avoid mistakes, to assess financial capabilities and project prospects.
During the programme we also learned to pitch our projects to potential investors. The most important thing in the project is that we have found a lot of new friends and useful contacts who help to move forward today. Even a year later the organizers of the programme are in contact with us and help us to develop our skills and our project.