Agroport Jizzakh Advances to EWC Global Finals in November ahead of Global Entrepreneurship Week
Tashkent, Uzbekistan - On May the National Finals of the Entrepreneurship World Cup Uzbekistan were held in the ITC Business Centre in Tashkent. Ilhom Jurayev, founder of Agroport Jizzakh captured first prize at the national finals of the Entrepreneurship World Cup competition. The startup is devoted to establishing an innovative approach to recycling and processing cotton stalks, based on microbiological biotechnology and chemistry advancements.
In preparation for the EWC Global Finals, Ilhom Jurayev will participate in an acceleration program which features virtual training and one-to-one mentoring targeted to their company’s current stage and growth trajectory.
Agroport Jizzakh LLC is dedicated to an innovative approach to the processing of waste from renewable resources using biotechnology with a specialization in cotton processing. The winner will represent Uzbekistan at the EWC international final in Riyadh, Saudi Arabia in November 2019. In addition, the team will be awarded with an in-kind prize package valued at US$500,000 that includes essential business advice, guidance and services from corporate leaders such as Oracle, Google Cloud, Shopify, Slack and Stripe, thanks to Misk Foundation and GSVLabs.
Other finalists at EWC Uzbekistan included:
Bankmarket.uz, a new generation financial market
Langzz project, a startup for training and course management systems to support language teaching in developing countries
The international jury of the competition included six experts from Uzbekistan and India. The following jury members were present at the competition:
Deputy Minister of Innovation Development of Uzbekistan, Mr. Yu. N. Mansurov (Uzbekistan);
Co-founder and CEO of “Stolik Online Food Delivery”, Mr. Kadyr Norov (Uzbekistan);
CEO of “36Inc” business incubator, Mr. Rajiv Roy (India);
Program Director of “36Inc” business incubator, Mr. Sorabh Chaubey (India);
Executive Director of the LEAD leadership development program from GELF, Ms. Dinu Raheja (India);
General Director of the School for Social Entrepreneurs, Mr. Shalabh Mittal (India).
More than 102,000 contestants from 184 countries entered the Entrepreneurship World Cup. The initiative combines a broad-reaching pitch competition, aimed at ventures ranging from the idea stage to growth stage, with a virtual accelerator program to help all participants launch, strengthen and scale their enterprises. Global Finalists will face off against one another at the Misk Global Foundation ahead of Global Entrepreneurship Week in November 2019.
EWC is an initiative led by the Global Entrepreneurship Network and Misk Global Foundation with support from a collection of national and global partners, including the Global Educational and Leadership Foundation and GSVlabs.
The event was collectively organized by the Ministry of Innovative Development of the Republic of Uzbekistan, MiSK Foundation (Saudi Arabia), The Global Education and Leadership Foundation (tGELF, India), as well as Global Entrepreneurship Network (GEN) Uzbekistan and GroundZero coworking center.