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Asakabank opens 10 million venture

“Asakabank” will open a venture company with a capital of $10 million to finance start-ups and commercialization of new developments. The company may be allocated additional funds without expertise in the amount equal to the size of independently attracted investments. 

It is stipulated that 20 billion soums will be allocated from the Innovation Fund in the form of grants to support new developments. These funds will be used to turn new domestic drug developments into commercial projects and support startups. 

Source: prezident.uz

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