Tashkent, Uzbekistan (UzDaily.com) -- The Ministry of Investment, Industry and Trade of the Republic of Uzbekistan announces the results of the competition "100 most advanced youth projects" - an initiative aimed at unlocking the potential of young people in the field of small and medium-sized businesses, stimulating the development of local entrepreneurship.

As part of the competition, 1469 applications for participation were received through the fursatloyiha.uz platform. The most diverse youth projects were divided into 36 categories and areas - from the creation of a modern IT center to the opening of facilities for the production of children’s toys.

The participants of the competition, according to the rules, were citizens of the Republic of Uzbekistan aged 18 to 30 years old, who submitted complete packages of documents on draft business plans in the areas of "services" and "production".

Within the framework of all rounds, the commission of the competition selected 38 projects out of 1469 that met all the conditions of the competition.

In addition, taking into account the conditions of the competition, it was decided to increase the number of winners to 100. For this, 120 projects that passed to the second stage underwent an additional detailed examination. As a result, a complete list of winners of the competition was formed.

Thus, each project that has passed the competitive selection will receive financial support for implementation.

The main goal of the competition is the result in practice. So that the ideas of young people take the form of effective projects, and those, in turn, come to life, showing the economic and social effect.