Venture capital financing is a type of long-term investment (5-7 years) by venture capital funds, business angels or individuals specializing in startups from the stages of idea to the stage of growth, which, therefore, is associated with huge risks. Usually, funds are invested in four ways:
1) Equity Financing;
2) Conditional Loan;
3) SAFE Note;
4) Hybrid instruments.
Absolutely for any. The main requirement for startup projects is to provide an effective solution to problems in the industry.
Start by filling out the form on our website. If we are interested in your product, we will definitely contact you.
Since we consider projects of different scales and sectors, the time period for consideration of each project is individual. For large projects, the fund's commission will take more time, for smaller projects – correspondingly less. The level of readiness of the product/service also matters, since it is usually faster to work with more accurate data.
Every startup project that is considered by the commission must:
- To offer a product, technology or service that solves the acute pain in the country's economy
- To offer an innovative solution for a large target market
- Be aimed at scaling
- Have a test model/demo version / minimum viable product
Yes, of course. Also, those startups that were invited to pitching and could not receive investment the first time will receive, at least, advice and recommendations from experienced investors for more thorough preparation in subsequent pitches.
The funds are issued on the basis of an agreement between the Fund and the applicant's legal entity.
The Fund goes in the project through equity participation.
UzVC has been operating since January 2021.
At the moment, the fund has funded 3 projects.