By Beruniy Alimov
A Youth Entrepreneurship Development Fund has been established under the Youth Agency, with an allocation of $100 million. The fund will provide up to 2.5 billion soums in preferential loans to young entrepreneurs, and up to 2 billion soums in investments in startup projects of enterprising youth.
“Aloqabank” will become a bank supporting youth business projects and startups. The bank will be provided with $200 million for this purpose. “Aloqabank” will provide preferential loans from 100 million soums to 5 billion soums for a period of 5 years for young entrepreneurs’ micro and small projects in industry, agriculture, services and other areas. At least 30 percent of the loans issued by the bank will be directed to women.
Entrepreneurs in the service sector will pay social tax at a rate of 1 percent if they employ employees under the age of 30 and pay at least 3 million soums per month. This benefit will be valid for 3 years.
Creative industry parks will be established. A preferential tax regime will be introduced for residents of the Creative Industry Park until the end of 2030. In this case:
social and income tax rates will be reduced by 50 percent;
residents will be recognized as taxpayers of turnover tax, regardless of the volume of sales of goods.
Business schools will be established on the basis of industrial parks to train representatives of the creative sector. In these schools, young people will learn new and modern innovative methods of doing business and providing services.
If enterprising young people with a “C-1” level in foreign languages open specialized foreign language training centers in remote and remote regions, they will be provided with interest-free loans of up to 120 million soums from the new fund of the Youth Agency.
Young people studying foreign languages in private training centers will be reimbursed for their expenses in the “2+6” format. In this case, the first 2 months of training costs will be paid from the students’ own funds, and the remaining 6 months from the state. Through this new system, a program will be implemented to train 100 thousand young graduates in foreign languages at “B-2” level.
In 2024, 25 thousand girls were trained in IT for free. The number of girls learning to program will be doubled this year.
A “digital social ecosystem” will be created based on early identification of the interests and needs of young people, monetization of their potential, and involvement in socially significant projects based on artificial intelligence technologies.
The “El-Yurt Umidi” Foundation will be transferred to the President of the Republic of Uzbekistan. The Fund’s quotas will be increased in the areas of energy, transport, urbanization, modern architecture, and medicine.
Young people who have returned from studying abroad will be directly included in the National Personnel Reserve, and they will be employed by government agencies without competition.
A new system for training talented, thirsty for knowledge, but who do not have the opportunity to study abroad due to difficult family circumstances will be introduced – the “Bright Future” project. In this case:
– young people in need of social protection and thirsty for knowledge will be selected from each mahalla, and their talents will be determined;
– a foreign university that matches their potential will be selected and they will be trained in preparatory courses.
Every year, 1 thousand young people who have passed the selection will be sent to the “Top-100” universities of the world, and their study and living expenses will be covered. 300 billion soums will be allocated for these purposes.
Young scientists under the age of 35 who have received scientific degrees from prestigious “Top-100” universities in the world will be allocated an interest-free loan of up to 800 million soums for housing for a period of 10 years.
The amount of a one-time cash prize for winners and prize-winners of prestigious international science Olympiads will be increased 10 times.
The “Supreme Commander-in-Chief” state scholarship will be introduced for exemplary students of military universities.
In 2025, about 150 thousand young people of difficult categories will be assigned to ministries, departments and regional leaders by name.
Author:Beruniy Alimov, Director of New Media Education Center NGO Tashkent
