Startup movement of Turkmenistan: a new stage in the development of youth entrepreneurship

Turkmenistan has launched the next stage of the national program for the development of youth entrepreneurship. The Ministry of Education together with the Union of Economists of Turkmenistan announced the launch of the Startup Ecosystem 2024-2025 project aimed at supporting innovative business ideas.

The program, which has been successfully operating since 2020, has already helped more than 530 young entrepreneurs to implement their business projects. In the new season, the organizers invite young people aged 16 to 35 from all regions of the country to participate.

A special feature of the current stage will be an expanded mentoring system. Participants will have the opportunity to undergo in-depth trainings under the guidance of experienced specialists, as well as to present their ideas to potential investors, including foreign partners.

Acceptance of applications started on September 25 and will last until October 20, 2024. The main requirement for candidates is to have a preliminary business idea. The selection of participants will be conducted through an interview, and the program itself is implemented in two languages - Turkmen and Russian.

According to the organizers, the program is aimed primarily at the student youth of higher and secondary specialized educational institutions. The active phase of the project will last until June 2025, during which the participants will be able not only to finalize their ideas, but also to receive the necessary support for their implementation.

The launch of the next stage of the program confirms the seriousness of the government's intentions to develop innovative entrepreneurship among young people and form a modern startup ecosystem in Turkmenistan.

To participate in the program you need to fill in online application.

Contact for inquiries: +99371400259; ja.turkmenistan@gmail.com