Uzbekistan and Serbia Discussed Joint Startup Investments
Officials from IT Park Uzbekistan and Serbia's Innovation Fund explored potential technology project co-financing.
Updated on Oct. 8, 2026 in Startups
Live Poll
Do you believe cross-border technology cooperation agreements between nations effectively support local startup growth?
IT Park Uzbekistan and Serbia's Innovation Fund met in Tashkent to advance collaborative efforts for supporting startups. The discussions aimed to transform a previously signed memorandum of understanding into actionable investment initiatives.
Why it matters
This partnership seeks to expand the resources available to startups in both nations by leveraging shared expertise in grant management and acceleration programs.
The meeting followed the formalization of a memorandum of understanding in September 2026. The Serbian Innovation Fund currently manages the Katapult acceleration program as a key pillar of its support infrastructure.
The players
IT Park Uzbekistan
This is a technology hub and venture entity that provides support and infrastructure for startups operating within the Uzbek ecosystem.
Serbia's Innovation Fund
This government-backed organization manages financial and operational support for Serbian startups, including the Katapult acceleration program.
The details
The delegation met with leadership from IT Park Ventures to coordinate information on existing grant programs and the Serbian Katapult acceleration system. Both parties also confirmed plans for collaborative participation at the upcoming Expo Belgrade 2027.
Timeline
September 2026: Memorandum of understanding signed between the organizations.
October 8, 2026: Meeting held in Tashkent to discuss practical implementation.
2027: Planned participation in Expo Belgrade and related hackathon events.
Market Landscape
International partnerships between innovation hubs reflect a broader trend of cross-border collaboration in the global startup ecosystem. This alignment positions both Uzbekistan and Serbia to accelerate the integration of their local technology sectors into larger global markets.
For entrepreneurs and investors, this collaboration may soon offer broader access to international grant programs and acceleration resources. These initiatives aim to streamline cross-border project development and increase support for early-stage companies in both regions.
The takeaway
Collaborative international agreements between innovation agencies serve as a blueprint for startups looking to scale beyond their domestic markets. These frameworks provide critical access to global acceleration programs that would otherwise be difficult for local firms to reach.
What happens next
The entities are scheduled to participate in Expo Belgrade 2027, where they will also conduct a joint hackathon.
Further reading
Learn more about the latest developments in the global ecosystem by visiting our Startups section.
Source note: This article includes information reported by Trend.
Live Poll
Do you believe cross-border technology cooperation agreements between nations effectively support local startup growth?
