The first finalists of youth innovative start-up projects competition under Startup Ecosystem program determined.

At present, the stage of startups acceleration of Startup Ecosystem program, implemented by the Union of Economists of Turkmenistan with the support of the USAID Enriching Youth for Tomorrow Project and USAID’s Future Growth Initiative in Turkmenistan, is nearing completion. Two mentoring companies have already held qualifying events, identifying the first participants in the final stage of the competition for youth innovative start-up projects within the program.

A “Demo Day” of startups of the residents of MCT Agency mentoring company took place online on August 22, 2020. The online event was attended by 10 startup teams, selected from among the teams that have completed an intensive program, including trainings, webinars, expert and experienced businessmen advice. The jury of the qualifying “Demo Day” selected the 2 best startup projects to participate in the final “Demo Day”. 

On September 18, 2020, the Turkmen IT-Park mentoring company also held a “Demo Day” to select two startups to participate in the main competition. The 6 best startup teams admitted to this stage of the competition presented their innovative business projects to the competent jury online. As a result of the event, two startup teams were determined that will represent the company in the Final Competition of the program.

At the beginning of October, qualifying “Demo Days” will be held in other mentoring companies, which will complete the formation of the list of participants for the Final Competition of youth innovative start-up projects within the framework of the Startup Ecosystem program to be held on October 20, 2020 online via ZOOM platform.

We congratulate the first finalists and wish them success in the finals!