IT Park Ventures усиливает партнерство с зарубежными компаниями.

ESG EQ Partners LLC, situated in Sharjah, UAE, is dedicated to assisting businesses, governments, and investors in achieving their environmental, social, and governance (ESG) objectives by addressing global market challenges. The company plans to establish an office in Riyadh, Saudi Arabia, which will create new collaboration and development opportunities in the region.

The parties have agreed to collaborate on investments in "green" technologies, with a focus on startups related to renewable energy and sustainable development. This partnership will provide Uzbek startups with access to funding and mentorship, while also creating pathways to enter the markets of the Middle East and North Africa, including Saudi Arabia and the UAE.

Furthermore, opportunities for Uzbek startups to receive mentorship support, access to a global network, and investment opportunities in the markets of Saudi Arabia and the UAE were discussed.

As part of the memorandum, the parties will implement joint programs to support startups and IT Park residents, aimed at providing access to resources, funding, and professional mentorship. Azamat Karamatov emphasized the importance of creating conditions for the successful entry of Uzbek startups into the markets of Saudi Arabia and the UAE, leveraging the global networks of ESG EQ Partners, which will unlock new prospects for business growth and expansion.

Additionally, the parties agreed that ESG EQ Partners will provide consulting services to IT Park Ventures for structuring an investment fund to attract foreign investors. This will help establish a transparent and efficient structure that meets international standards, enhancing the trust of foreign investors and granting startups in Uzbekistan access to international capital, thereby ensuring their growth and scaling opportunities in the global market.

Within the framework of this collaboration, startups and partners of ESG EQ Partners from the MENA region will also receive support in entering the Uzbek market and establishing development offices, creating opportunities for business expansion and the integration of innovative technologies into Uzbekistan’s rapidly growing ecosystem. This will foster the development of joint projects and the creation of new jobs in the technology and sustainable development sectors.

The signing of the memorandum of cooperation with ESG EQ Partners LLC marks a significant step in expanding Uzbekistan's international presence in the global technology arena. These initiatives will open new horizons for Uzbek startups and tech companies and will contribute to the development of eco-friendly and sustainable technologies in the region.