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IT Park and K-ICT Discuss Support for Startups

IT Park and K-ICT Discuss Support for Startups
IT Park and K-ICT Discuss Support for Startups / Photo: IT Park Uzbekistan..

Tashkent, Uzbekistan (UzDaily.uz) — IT Park Uzbekistan and the Korea ICT Entrepreneurs Association discussed new formats for supporting startups and expanding technology cooperation between Uzbekistan and South Korea. The meeting was held as part of ICT WEEK Uzbekistan 2026.

The talks were attended by Farrukh Erkinov, director for startup ecosystem development at IT Park Uzbekistan, and Lee Seong Hwan, chairman of the Korea ICT Entrepreneurs Association. The sides discussed the development of acceleration and incubation programs, support for technology companies and strengthening links between the ICT ecosystems of the two countries.

Lee Seong Hwan said the association was ready to organize an acceleration and incubation program for Uzbek startups in Chungcheongnam-do Province. The program is expected to help participants better understand the Korean market, become familiar with the local ecosystem and establish contacts with potential partners.

In turn, Farrukh Erkinov presented the Land of Startups program, which is scheduled to launch in 2027. The IT Park Uzbekistan representative invited Korean startups, including teams from Chungcheongnam-do Province, to participate.

The participants also discussed the possibility of attracting companies from the K-ICT network to Uzbekistan, organizing business meetings between Uzbek and Korean technology companies, conducting business missions and implementing joint pilot projects.

The Korea ICT Entrepreneurs Association brings together around 400 ICT companies and specializes in technology cooperation, business networking, expert events and international business missions.

The meeting was also attended by Jung Min Hwan, CEO of KP HUB Company; Seok Hee Lee, director of INTER/KR at Namseoul University; and Jung Ik Lee, a journalist with Seoul Shinmun and a PhD in public administration.

Following the talks, the sides agreed to continue dialogue on expanding opportunities for bilateral acceleration and incubation, helping startups enter each other’s markets and developing technology cooperation between Uzbekistan and South Korea.

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.