Key Takeaways
- • IT Park Uzbekistan CEO Azamat Karamatov and Princeville Capital Partner Anthony Doeh met during ICT WEEK Uzbekistan 2026 to explore venture investment and startup ecosystem support opportunities in Uzbekistan.
- • Princeville Capital, a technology-focused investment firm specializing in AI, FinTech, SaaS, DeepTech, and EdTech sectors, is evaluating expansion of its on-the-ground presence in Uzbekistan as market engagement grows.
- • Both parties committed to continued dialogue on attracting international capital, supporting high-potential startups, and developing Uzbekistan's venture ecosystem through concrete partnership formats.
- • Uzbekistan is positioning itself as an attractive venture capital destination, offering 0% corporate income tax on portfolio companies and US-standard investment terms through IT Park Ventures, with the country targeting $1 billion in venture funding allocation.
Summary
IT Park Uzbekistan and Princeville Capital held strategic discussions during ICT WEEK Uzbekistan 2026 focused on expanding the international investment firm's footprint in Central Asia and strengthening capital flows into the country's technology sector. The meeting between Azamat Karamatov, CEO of IT Park Uzbekistan, and Anthony Doeh, Partner at Princeville Capital, centered on venture investment opportunities and mechanisms to support local startup ecosystem development.
Princeville Capital, an international investment firm focused on technology-driven companies, indicated interest in establishing a stronger operational presence in Uzbekistan as its market engagement expands. The firm's investment mandate spans growth-stage companies in high-growth sectors including Artificial Intelligence, FinTech, Software-as-a-Service (SaaS), DeepTech, and Educational Technology (EdTech). Both organizations discussed practical frameworks for cooperation aimed at attracting institutional and growth-stage capital to Uzbek technology companies while supporting entrepreneurs scaling operations across global markets.
The parties agreed to maintain ongoing dialogue and identify concrete partnership opportunities. Key discussion areas included venture capital deployment mechanisms, startup acceleration support, and fostering long-term development of Uzbekistan's venture ecosystem. This engagement reflects broader efforts by Uzbekistan to position itself as a competitive destination for technology investment, supported by regulatory incentives including 0% corporate income tax on venture portfolio companies through IT Park Ventures and access to US-standard investment documentation. Uzbekistan has established a $1 billion venture funding target for youth-led and technology-driven enterprises, creating strategic alignment between international investors and local economic development objectives.
The meeting underscores growing institutional interest in Central Asian technology markets and reflects mutual recognition between established international capital and host-country development agencies that coordinated public-private engagement strengthens ecosystem maturation and capital accessibility for emerging technology companies.
Princeville Capital, an international investment firm focused on technology-driven companies, indicated interest in establishing a stronger operational presence in Uzbekistan as its market engagement expands. The firm's investment mandate spans growth-stage companies in high-growth sectors including Artificial Intelligence, FinTech, Software-as-a-Service (SaaS), DeepTech, and Educational Technology (EdTech). Both organizations discussed practical frameworks for cooperation aimed at attracting institutional and growth-stage capital to Uzbek technology companies while supporting entrepreneurs scaling operations across global markets.
The parties agreed to maintain ongoing dialogue and identify concrete partnership opportunities. Key discussion areas included venture capital deployment mechanisms, startup acceleration support, and fostering long-term development of Uzbekistan's venture ecosystem. This engagement reflects broader efforts by Uzbekistan to position itself as a competitive destination for technology investment, supported by regulatory incentives including 0% corporate income tax on venture portfolio companies through IT Park Ventures and access to US-standard investment documentation. Uzbekistan has established a $1 billion venture funding target for youth-led and technology-driven enterprises, creating strategic alignment between international investors and local economic development objectives.
The meeting underscores growing institutional interest in Central Asian technology markets and reflects mutual recognition between established international capital and host-country development agencies that coordinated public-private engagement strengthens ecosystem maturation and capital accessibility for emerging technology companies.
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