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On November 3, 2020, the Cabinet of Ministers adopted a
Resolution On measures to organize the activities of the
National Venture Fund UzVC
No.ПКМ-684. Moreover, under the Presidential
Decree of November 24, 2018 On additional measures to improve
financing mechanisms for projects in the field of entrepreneurship
and innovation No.УП-5583, the UzVC National
Venture Fund (the Fund ) is organized to create an
infrastructure to support innovative ideas and a startup
ecosystem.
The decree established that:
the Fund is created in the form of an LLC;
the initial authorized capital of UZS 15 billion will be formed ....

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