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What is Startup Garage? Achievements and Plans

by Gulnoza Sobirova
January 20, 2025
in Startups, Venture Capital
Reading Time: 2 mins read
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What is Startup Garage? Achievements and Plans
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Startup Garage emerged as a shining example of innovation and entrepreneurial success in 2024. The organization achieved significant milestones in attracting companies, increasing investments, and making an impact across various sectors.

In our country, great attention is being paid to the development of the startup ecosystem and the support of local startups. In this context, we provide information about Startup Garage, which has attracted more than 50 companies and over 200 talented individuals.

Key Achievements of 2024

One of the most notable achievements of Startup Garage in 2024 is the total valuation of its portfolio companies reaching $20 million. Additionally, more than 100,000 consumers have benefited from the services provided by companies within the portfolio. Currently, over 500 small and medium enterprises (SMEs) are utilizing Startup Garage services.

Startups within the ecosystem secured $1 million in investments in just six months, reflecting strong investor confidence. Another significant success is that two startups from the Startup Garage portfolio won the prestigious President Tech Awards.

To promote regional development, Startup Garage has begun expanding its branches across different regions. As part of this initiative, several new startups have joined the portfolio, with five focusing on research and development (R&D) and patent-driven innovations.

Plans for 2025

Startup Garage has set ambitious goals for the upcoming year:

International Expansion:

Three or more international offices are planned to be opened, aiming to attract global talent and strengthen the innovation ecosystem.

Regional Talent Discovery:

New regional offices will be established to identify and nurture talent, providing them with opportunities for growth.

Educational Initiatives:

The ‘SG Founders Kit’ and the 18-month global ‘Founders School’ programs will be launched to equip entrepreneurs with essential skills and resources.

Conclusion

Looking at Startup Garage’s achievements in 2024, it is evident that the organization has contributed significantly to rapid growth, strategic expansion, and the development of the startup ecosystem. In 2025, Startup Garage aims to further establish itself as a hub of innovation, supporting entrepreneurs and fostering economic growth. Through its environment of creativity and collaboration, Startup Garage continues to transform ideas into reality.

By Laylo Xondamirovna

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