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Functions

The Agency for the Development of Entrepreneurship was formed on the basis of the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated February 17, 2021 “On the effective organization of the activities of the Agency for the Development of Entrepreneurship under the Ministry of Economic Development and Poverty Reduction of the Republic of Uzbekistan” №CMR-77.

Among the main objectives of the Agency for the Development of Entrepreneurship:

- pursuing a unified state policy aimed at the development of all forms of entrepreneurship in the country;

- wide involvement of the population, especially youth and women, in entrepreneurship, improvement of the microfinance system and introduction of state support for entrepreneurship;

- Development and implementation of state and regional programs for the development of entrepreneurship in conjunction with the Council of Ministers of the Republic of Karakalpakstan, regional and khokimiyats of the city of Tashkent;

- organizing the coordination of the activities of authorized state bodies and organizations to stimulate the development of entrepreneurship, creating favorable conditions for improving the business environment;

- Development and implementation of conceptual and strategic approaches to the transformation of entrepreneurship as an important driver for improving the business environment and ensuring economic growth, as well as measures to eliminate bureaucratic barriers to development;

- formation of a system of non-material support for business entities;

- Cooperation with international financial institutions and financial institutions of foreign governments on the implementation of projects to support entrepreneurship, organization of technical and consulting assistance;

- preparation of state and regional programs for the development of entrepreneurship, development of proposals for improving legislation in this area;

- Management of the State Fund for Entrepreneurship Support under the Agency (hereinafter referred to as the Fund) and the expansion of financial assistance provided by the Fund, the introduction of new types of financial assistance and the creation of an effective management system;

- Encouraging the expansion of entrepreneurship, the formation of integrated value chains, the introduction of results-oriented tools for mastering modern technologies, increasing exports, creating jobs.

In accordance with its responsibilities, the Agency performs the following functions:

a) in the field of a unified state policy aimed at the development of all forms of entrepreneurship in the country:

develops and improves the system of national indicators for assessing the development of entrepreneurship in the country;

develops proposals on the main directions of perspective development of entrepreneurship, and also supports the preparation and implementation of relevant programs;

interacts with government agencies and the private sector, international financial institutions, donor organizations and other stakeholders on business development issues;

participates in the establishment and development of international and interstate cooperation in the field of entrepreneurship development;

negotiates with state and non-state organizations, international financial institutions and organizations of foreign countries on the transfer of technologies and ensuring their interaction with business entities of the Republic of Uzbekistan in the prescribed manner;

develops proposals for the development of all forms of entrepreneurship in conjunction with relevant ministries, departments, commercial banks and business entities;

coordinates the activities of state and economic management bodies, local government bodies in the field of work with business entities;

conducts surveys among business entities to assess the level of business development in the regions;

develops practical measures and proposals to improve the Agency's activities based on requests from individuals and legal entities;

regularly monitors in the following areas:

improving the development of entrepreneurship, increasing the level and importance of private property, creating conditions for cooperation between the state and the private sector, reducing the participation of the state in the economy by transferring state functions to the private sector;

implementation of measures to remove barriers and obstacles to the development of entrepreneurship, ensuring reliable protection and freedom of entrepreneurship, creating the necessary conditions for the rapid development of private property and entrepreneurship;

b) in the field of broad involvement of the population, especially youth and women, in entrepreneurship, improving the microfinance system and state support for entrepreneurship:

increasing the involvement and interest of the population in entrepreneurship;

introduction of a training system aimed at developing the necessary entrepreneurial skills among the population, with the involvement of international organizations, non-governmental non-profit organizations and non-governmental educational organizations in this process;

institutional improvement and development of a microcredit system aimed at supporting entrepreneurship;

development of social programs to support entrepreneurship in accordance with the ongoing reforms in the economy and coordination with them;

expanding its activities and creating an integrated system for the development of the population and other small enterprises with entrepreneurial skills and experience, through the realization of their potential;

organization of a comprehensive business support system, as well as the organization of its implementation and approval in a single state organization;

c) in the development and implementation of state and regional programs for the development of entrepreneurship together with the Council of Ministers of the Republic of Karakalpakstan, khokimiyats of regions and the city of Tashkent:

organization of collection, high-quality and timely consideration and generalization of proposals for inclusion in state and regional programs for the development of entrepreneurship;

introduction of a monitoring system for the implementation of state and regional programs for the development of entrepreneurship using modern information and communication technologies;

submission of prepared programs for consideration by the Ministry;

organization and control over the implementation of approved business development programs;

in cooperation with state and economic management bodies, local self-government bodies and interested organizations, providing comprehensive assistance to business entities whose projects are included in state and regional programs for the development of entrepreneurship;

preparation and publication of reports on the development and implementation of state and regional programs for the development of entrepreneurship based on the results of monitoring;

submission to the relevant bodies of proposals on the application of sanctions against ministries, departments, local self-government bodies, their officials, who have not timely implemented state and regional programs for the development of entrepreneurship;

d) in the field of organizing the coordination of the activities of authorized state bodies and organizations to stimulate the development of entrepreneurship, create favorable conditions for improving the business environment:

organization of coordination activities of competent state bodies and organizations to stimulate the development of entrepreneurship, create favorable conditions for improving the business environment;

e) in the development and implementation of conceptual and strategic approaches to improving the business environment and turning entrepreneurship into an important driver of economic growth, as well as measures to eliminate bureaucratic barriers and obstacles to the development of the industry:

assessment of the impact of regulations and their projects on the business environment through the implementation of institutional reforms to manage the economy based on market principles and the development of proposals for their improvement;

jointly with the competent authorities, the implementation of coordinated actions to improve the business environment in the country's economy and the development of entrepreneurship;

control over the timely implementation of the measures outlined in the Roadmaps aimed at expanding the business environment in the country and improving the position of Uzbekistan in international ratings and indices;

determination of the driving force of the region for ensuring economic growth within the framework of available financial resources, based on the current needs of the region and available labor, natural and mineral resources, and on this basis the development of regional programs;

conducting regular surveys to improve the business environment and simplify licensing procedures, in-depth study of problems and development of proposals to eliminate the identified bureaucratic barriers;

implementation of relevant documents and programs for the development of entrepreneurship, taking into account the best international experience on the basis of a systematic study of the problems and results of the implementation of reforms;

study of foreign experience and international standards for the implementation of tools to stimulate the expansion of entrepreneurship, development of proposals for implementation in national legislation;

preparation of substantiated proposals for improving the public administration system in the field of business support;

active work in the field of improving the indicators of the Republic of Uzbekistan in international ratings, in particular, in the Doing Business Index "Doing Business" and coordinating the work of ministries and departments responsible for individual indicators, identifying the causes of negative indicators and preparing proposals for their elimination;

f) in the field of forming a system of intangible support for business entities:

training of business entities, including people with disabilities in professions and specialties, entrepreneurship legislation, new technologies and products, markets and other topical issues (free telephone and online consulting services, training) in cooperation with the relevant centers of ministries and departments , business incubators, information services, etc., ensuring their proper functioning;

creation and maintenance of a permanent database of methodological and educational materials, other information and consulting resources for non-financial support of business entities, providing free and full access to them;

conducting training courses, seminars, discussions and other events to discuss issues related to entrepreneurship;

g) in the field of cooperation with international financial institutions and foreign state financial institutions in the implementation of business support projects, organization of technical and consulting assistance to them:

development of issues related to the implementation of business support projects, the organization by them of technical and consulting assistance, as well as with the attraction of grants, loans and technical assistance from international financial institutions, foreign state financial institutions for the implementation of the tasks;

taking measures to expand the resource base of the Fund through grants, concessional loans, targeted portfolio investments and other funds of international financial institutions and foreign state financial institutions;

h) in the field of preparation of state and regional programs for the development of entrepreneurship, the development of proposals for improving legislation in this area:

organization, coordination and formation of a unified system of teaching entrepreneurship to the population in conjunction with the Higher School of Business and Entrepreneurship, the Ministry of Employment and Labor Relations and other relevant organizations;

organization of short and medium-term training courses, seminars and trainings to improve the financial and legal literacy of entrepreneurs with the involvement of specialists from ministries, departments and other organizations as teachers;

on-site study of issues related to the implementation of entrepreneurial activities, and preparation of proposals for their solution;

preparation of information materials aimed at acquiring practical entrepreneurial skills (financial, commodity resources, engineering, the use of communications, organization of investment and production processes, opportunities, benefits and other issues related to property and non-property liability insurance) and other development of financial support measures;

i) managing the activities of the State Fund for Entrepreneurship Support under the Agency (hereinafter referred to as the Fund) and expanding the volume of financial assistance provided by the Fund, introducing new types of financial assistance and creating an effective system of control and coordination:

organizing the provision of financial assistance to business entities, including business initiatives of vulnerable groups of the population in the form of guarantees and sureties, as well as compensation for interest expenses on loans from commercial banks;

jointly with the Council of Ministers of the Republic of Karakalpakstan, khokimiyats of regions and the city of Tashkent, setting specific tasks for the implementation of each project and preparing proposals for creating a complex of business clusters (business districts) in the regions;

carrying out extensive work to inform the public about the possibilities and mechanisms of the Agency and the Fund through the media, social networks, official websites of state bodies and organizations, as well as other information resources, including through the organization of press conferences and briefings;

interaction with the Ministry of Employment and Labor Relations of the Republic of Uzbekistan on the organization of the allocation of subsidies to unemployed, low-income and low-income families for entrepreneurial activity;

preparation of proposals for attracting credit lines through international financial institutions and foreign banks to expand the Fund's resource portfolio;

j) in the field of stimulating the expansion of entrepreneurship, the formation of integrated value chains, the introduction of modern technologies, the increase in exports, the introduction of results-oriented tools to create permanent jobs;

identifying new business projects in the regions, providing comprehensive assistance in their implementation and facilitating the placement of new projects, as well as their financing;

development and implementation of conceptual and strategic approaches to improving legislation, improving the business environment in the country, turning small business into an important driver of economic growth, as well as measures to eliminate fundamental barriers and problems in the development of the industry