CAREC Startup Map
CAREC Rank & Change | Global Rank & Change | Country | Total Score | Quantity Score | Quality Score | Business Score |
---|---|---|---|---|---|---|
1st 0 | 10th - 3 | China | 20.663 | 1.97 | 16.04 | 2.65 |
2nd + 2 | 73rd + 7 | Georgia | 0.931 | 0.29 | 0.13 | 0.51 |
3rd 0 | 74th + 2 | Kazakhstan | 0.910 | 0.26 | 0.14 | 0.50 |
4th - 2 | 76th - 1 | Pakistan | 0.717 | 0.21 | 0.24 | 0.27 |
5th 0 | 81st + 7 | Mongolia | 0.582 | 0.22 | 0.08 | 0.28 |
6th 0 | 85th + 4 | Azerbaijan | 0.494 | 0.18 | 0.06 | 0.26 |
7th 0 | 100th new | Kyrgyzstan | 0.258 | 0.09 | 0.06 | 0.12 |
Alif Bank is a FinTech company as well as one of the largest funding round investors in Central Asia, with 90% market share in Tajikistan and 33% in Uzbekistan.
Zhongguancun Science Park’s Angel Investor projects are ranked #1 in China.
Microsoft Ventures has funded $235 million USD to provide guidance and funding to cloud-computing firms in China.
“Growth in Georgia” is a $65 million USD grant allocated by USAID to support employment and accountable governance in Georgia. The grant has the potential to increase to$330 million over the next five years.
Companies located in the Astana Hub, the High Tech Park, and free economic zones are eligible for tax breaks.
STEP awarded $30,000 to Social Startups in Pakistan.
Pakistan’s largest fundraising by an early-stage tech startup was achieved by Bazaar Technologies Pvt, which raised $30 million.
Zameen is in the top 5 property portals in the world raising over $31.5 million in funding.
ADB has invested over $14.97 billion in CAREC development projects since 2001;
Overall, $40 billion worth of investments have been made collectively by ADB, development partners, and the CAREC governments since 2001;
Between 2005 and 2030 the region must invest up to $9.7 trillion in the energy sector;
The CAREC 2030 Plan proposes establishing an agency for multilateral trade credit and investment guarantees;
Until 2030, CAREC members have set out to stimulate private sector investments and cross-border investment within member countries;
Startup Weekends in Zavkhan, Tajikistan, Turkmenistan, Uzbekistan, Georgia
ITB China Startup Award
Central Asia’s Energy Investment Forum 2021
Interested in the CAREC Startup Ecosystem?
Leave your details below and we will get in touch with you to share the benefits of relocating and/or investing in CAREC: