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Germany provides €26.77 million to support Uzbek small businesses

uzdaily.uz · 27 October 2026
Germany provides €26.77 million to support Uzbek small businesses
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Germany and Uzbekistan provided €26.77 million in loan financing to support micro, small and medium sized enterprises in Uzbekistan through a financial cooperation programme.

Partner banks provided 670 billion soums in loans to more than 1,400 small and medium sized businesses across the country during 2025 to 2026. The programme also offered grant support for technical services, advisory work, and education for entrepreneurs.

Officials and experts reviewed the performance of these partner banks and discussed ways to expand support for projects in regional areas. The initiative focused on helping women and young people start businesses. Organizers held 26 seminars across 13 regions for more than 700 women and young participants to teach practical business skills. Some women began new businesses in milk processing and floriculture after these sessions.

Additionally, the programme created a free video library on the AgroMart online platform covering 14 agricultural topics, which gained 12.3 million views on social media.

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