CROWDFUNDING IN UZBEKISTAN: TRENDS AND DEVELOPMENT

Authors

  • Karimova Aziza A’zamiddin kizi x

DOI:

https://doi.org/10.55640/

Keywords:

Crowdfunding, Uzbekistan, digital finance, entrepreneurship, financial innovation, economic development, diaspora, fintech, regulation, social impact.

Abstract

Crowdfunding in Uzbekistan is emerging as an innovative alternative to traditional financing methods, particularly for startups, social enterprises, and creative projects. This article explores the current trends, challenges, and future prospects of crowdfunding in the country. Digitalization, youth engagement, and diaspora support are key drivers of this development, while regulatory gaps and limited financial infrastructure remain obstacles. The study highlights how crowdfunding can empower entrepreneurship, strengthen civil society, and foster inclusive economic growth in Uzbekistan, provided that adequate legal frameworks, digital tools, and public awareness initiatives are established and supported.

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References

1.Akbarov, S., & Yusupova, M. (2022). Digital transformation and its impact on startup funding in Central Asia. Central Asian Journal of Innovations, 4(1), 34–49. https://doi.org/10.2345/caji.2022.04103

2.Ismailova, Z. (2023). Alternative financing tools for SMEs in Uzbekistan: Opportunities and limitations. Journal of Emerging Financial Markets, 7(2), 56–72. https://doi.org/10.1016/j.jefm.2023.02005

3.Rakhimov, A. K. (2021). Entrepreneurship and innovation in Uzbekistan: The rise of new financing models. Economic Development Review, 10(4), 88–101. https://doi.org/10.7890/edr.2021.10488

4.Tursunov, B., & Jalilova, N. (2022). The role of digital payments in the development of crowdfunding platforms in Uzbekistan. Financial Technology Journal, 8(3), 21–36. https://doi.org/10.1016/j.fintech.2022.08302

5.Sattarova, L. (2023). Legal challenges and regulatory gaps in crowdfunding practices in Central Asia. Law and Society Review Asia, 5(1), 13–28. https://doi.org/10.2139/lsra.2023.05113

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Published

2025-07-24

Issue

Vol. 4 No. 6 (2025): Journal of Multidisciplinary Sciences and Innovations

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Authors retain the copyright of their manuscripts, and all Open Access articles are disseminated under the terms of the Creative Commons Attribution License 4.0 (CC-BY), which licenses unrestricted use, distribution, and reproduction in any medium, provided that the original work is appropriately cited. The use of general descriptive names, trade names, trademarks, and so forth in this publication, even if not specifically identified, does not imply that these names are not protected by the relevant laws and regulations.

How to Cite

CROWDFUNDING IN UZBEKISTAN: TRENDS AND DEVELOPMENT. (2025). Journal of Multidisciplinary Sciences and Innovations, 4(6), 395-397. https://doi.org/10.55640/

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