tech startup in uzbekistan
Transcription
tech startup in uzbekistan
TECH STARTUP IN UZBEKISTAN OPPORTUNITIES & PERSPECTIVES Sandjar SAIDKHODJAEV, Inha University in Tashkent SME Capacity building workshop, August 12, 2015 August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 1 40 WHAT IS STARTUP “A startup is an organization formed to search for a repeatable and scalable Steve Blank business model” Silicon Valley serial-entrepreneur Idea → Startup → Scale-up (transformation) → Enterprise August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 2 40 WHAT IS STARTUP August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 3 40 WHAT IS STARTUP WHAT IS IMPORTANT? IDEA? PLAN? August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 4 40 WHAT IS STARTUP August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 5 40 WHAT IS STARTUP Startups don’t last forever Startups are transitional by nature and eventually end in either success or failure August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 6 40 WHAT IS STARTUP some of the most successful entrepreneurs throughout history certainly weren’t trying to fail, but they did—repeatedly Walt Disney was turned down time and time again (legend has it at over 300 separate occasions) when seeking financing to start Disney World Henry Ford wasn’t an instant success. In fact, several of his early business ventures failed and left him broke multiple times before he founded Ford Motor Company Colonel Sanders, the founder of KFC, thought restaurant owners would love to serve his fried chicken to their patrons. Apparently, he was turned away more than 1,000 times before the first restaurant owner said ‘yes.’ Sir James Dyson, founder of Dyson Vacuums, went through over 5,000 failed prototypes and burnt through his life savings doing so. But the 5,127th prototype worked and now the Dyson brand is the best-selling vacuum cleaner in the United States August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 7 40 WHAT IS STARTUP “A person who never made a mistake never tried anything new” - Albert Einstein August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 8 40 WHAT IS STARTUP WHAT IS IMPORTANT? 1. 2. 3. 4. 5. August 12, 2015 The business idea Raising money The team Set the plan, measure and iterate Follow the dream SME Capacity building workshop. Wyndham Tashkent Hotel 9 40 WHY STARTUP WHY STARTUPS MATTER? Innovation Solve problems Innovation provides businesses with a source of competitive advantage Startups are able to solve complex problems with very few resources Great people New markets Startups have a culture that attracts smart, creative and motivated people Startups define and validate new markets with actual customers and revenue Flexible and quick Big corporations are slow, stodgy and stuck in legacy models and infrastructure August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 10 40 WHY STARTUP Credit: Kauffman Foundation August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 11 40 WHY STARTUP August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 12 40 STARTUP: ‘SECRET SAUCE’ WHAT IS 'Secret Sauce‘ August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 13 40 STARTUP: ‘SECRET SAUCE’ 4 INGREDIENTS of Startup 'Secret Sauce‘ based on experience of Utah (USA), ranked in 2015 as #1 for entrepreneurs and #4 for starting a business 1. UNIVERSITIES 2. FUNDING startup programs, research programs/ initiatives, courses and mentorships, centers for entrepreneurship venture capital investment, state business programs, microenterprise & small business loans, pre-launch platforms for crowdfunding projects 3. PAYING IT FORWARD 4. COMMUNITY entrepreneurs running & teaching in universities’ business programs, startup accelerators civic support, culture, community, entrepreneurial innovation centers August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 14 40 TECH STARTUP IN UZBEKISTAN WHY UZBEKISTAN? 31 MILLION > 20 MILLION POPULATION MOBILE USERS (01.01.2015) (Q1 2015) > 60% > 10 MILLION YOUTH POPULATION INTERNET USERS (up to 25 years) (01.01.2015) ≈ 3 MILLION TASHKENT CITY POPULATION August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 15 40 BUSINESSES IN UZBEKISTAN Number of businesses 600,000 537407 559802 500,000 400,000 346,100 300,000 200,000 9% 91% 149,300 100,000 0 2000 August 12, 2015 2005 2012 2014 large business SME Capacity building workshop. Wyndham Tashkent Hotel small business 16 40 BUSINESSES IN UZBEKISTAN: Share of small and private entrepreneurship in total export (%) 18 15.8 12.4 10.7 10.2 2001 August 12, 2015 13.7 7.5 7.3 2002 2004 2006 2008 2010 2012 SME Capacity building workshop. Wyndham Tashkent Hotel 2014 17 40 TECH STARTUPS IN UZBEKISTAN WHO ARE THEY? August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 18 40 TECH STARTUPS IN UZBEKISTAN “Efforts and courage are not enough without purpose and direction” - JFK August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 19 40 TECH STARTUPS IN UZBEKISTAN WHO ARE THEY? PAYNET e-Payment SUCCESSFUL August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 20 40 TECH STARTUPS IN UZBEKISTAN WHO ARE THEY? Torg.uz -> Olx.uz Online bulletin board SUCCESSFUL August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 21 40 TECH STARTUPS IN UZBEKISTAN WHO ARE THEY? Click.uz Mobile banking SUCCESSFUL August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 22 40 TECH STARTUPS IN UZBEKISTAN WHO ARE THEY? Arba.uz Online shop WORKING PROJECT August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 23 40 TECH STARTUPS IN UZBEKISTAN WHO ARE THEY? Yummy.uz Online city guide WORKING PROJECT August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 24 40 TECH STARTUPS IN UZBEKISTAN WHO ARE THEY? MyTaxi.uz Mobile taxi-booking app SUCCESSFUL August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 25 40 TECH STARTUPS IN UZBEKISTAN WHO ARE THEY? Taxi.uz Mobile taxi-booking app SUCCESSFUL August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 26 40 TECH STARTUPS IN UZBEKISTAN WHO ARE THEY? Glotr.uz online B2C marketplace WORKING PROJECT August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 27 40 TECH STARTUPS IN UZBEKISTAN WHO ARE THEY? SellMe.uz Internet auction WORKING PROJECT August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 28 40 TECH STARTUP IN UZBEKISTAN CHALLENGES mentioned by local IT companies CHANGE MINDSET (startup owners, investors) COST CONTROL SCALING UP RIGHT TEAM CUSTOMER ORIENTATION August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 29 40 STATE SUPPORT IN R&D Dynamics for Financing of R&D 160 134 140 120 109 100 89 80 71 56 60 41.19 40 20 11 13.7 2005y 2006y 18.6 22.4 0 August 12, 2015 2007y 2008y 2009y 2010y 2011y 2012y SME Capacity building workshop. Wyndham Tashkent Hotel 2013y 2014y 30 40 STATE SUPPORT IN R&D Financing of R&D, Uzbekistan, 2014 State Budget-2014 (part “Science”) 234 bl. Sum Creating Innovative Infrastructure 200 bl. Sum Investment Program of the Government 150 bl. Sum Industry (annually) 80 bl. Sum Innovation Fair (annually) 18 bl. Sum Scientific equipment for Research organizations (20092012) -International R&D projects (annually) $ 10 mln. $ 7 mln. Tax preference: Research organizations and universities are exempt from payment of value added tax, land and property August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 31 40 TECH STARTUPS IN UZBEKISTAN OPPORTUNITIES - “Tashabbus” annual competition - “My business idea” contest - “Young entrepreneur” contest - Republican Fair of Innovative Ideas, Technologies and Projects - Best Soft Challenge software development contest - ICT Week (incl. ICT Summit, ICT Expo) – annual major ICT event - Startup Mix – monthly meeting of IT expert, entrepreneurs August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 32 40 STARTUPS UZB: OPPORTUNITIES StartupFactory.uz 1st Startup Accelerator in Uzbekistan intensive program of business development for 3 months What startups receive: 1. Infrastructure (office in the city center, with all communications) 2. Support: legal/accounting/HR (we have technicians, programmers & designers) 3. Individual trackers (who will meet each week, guide & assist in dev. of the project) 4. Business analytics for your projects 5. Business consultations. Master classes w/experts in various fields of business 6. Networking (contacts w/the best experts of the IT-market of Uzbekistan) 7. Advertising and promotion of the project on Uzbek segment of Internet 8. Attention of investors (at the final presentation, Demo day) August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 33 40 STARTUP IN UZ: EMERGING IDEA Every hour, enough information is consumed by Internet traffic to fill 7 million DVDs. A survey reported that more than 37.5% of large organizations said that analyzing big data is their biggest challenge August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 34 40 OPEN DATA: STARTUP OPPORTUNITY By 2020 one third of all data will be stored, or will have passed through the cloud, and we will have created 35 Zeta bytes worth of data (35,000,000,000,000,000,000,000 Bytes or 35 billion TB) Open data can help unlock $3.2 trillion to $5.4 trillion in economic value per year McKinsey and Company SOURCE: McKinsey Global Institute analysis August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 35 40 OPEN DATA: STARTUP OPPORTUNITY Successful startup: Climate Corp, big exit for big data startup (US) Climate Corp (est. 2006), a start-up based in Silicon Valley, was acquired for $1.1 billion by Biotech company Monsanto in Oct 2013 Climate Corp uses 60 years of detailed crop yield data, weather observations from 1 million locations in the US and 14 TB of soil quality data (all free from the US Government) August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 36 40 STARTUP IN UZ: OPPORTUNITIES E-GOV UZB architecture Population and business Information Security Center August 12, 2015 Websites of state agencies INTEGRATED INFORMATION SYSTEMS «TAX» «PROCUREMENT» «BUDGET» «CLEARING» «CUSTOMS» «PENSION» «HEALTH CARE» «EDUCATION» «PUBLIC UTILITIES» «JUSTICE» «PUBLIC ADMINISTRATION» «LICENCE» STATE DATA CENTER CLASSIFIERS AND DIRECTORIES DB PROPERTY DB INDIVIDUALS DB LEGAL ENTITIES DB NATIONAL GIS ROAD TRANSPORTATION DB SME Capacity building workshop. Wyndham Tashkent Hotel “E-GOVERNMENT” CENTER Single Portal of government online services (my.gov.uz) 37 40 STARTUP IN UZ: OPPORTUNITIES Open Data Portal of Uzbekistan launched in 2015 August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 38 40 TECH STARTUPS IN UZBEKISTAN “The only way to do great work is to love what you do…” - Steve Jobs August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 39 40 TECH STARTUPS IN UZBEKISTAN Sandjar SAIDKHODJAEV (+998 71) 269-99-99 (ex. 106) (+998 97) 707-76-06 [email protected] sandjar.saidkhodjaev /sandjar.saidkhodjaev August 12, 2015 SME Capacity building workshop. Wyndham Tashkent Hotel 40 40