Kyrgyzstan has 1 city in the top 1000 and is one of Central Asia’s best countries for setting up a startup.
Kyrgyzstan’s startup scene saw an increase in 2023 and jumped 1 spot from the previous year, outranking Bosnia and Herzegovina.
Kyrgyzstan’s startup ecosystems show substantial potential. Kyrgyzstan has a strategic location, with access to both the market of the Eurasian Economic Union and China’s ambitious One Belt-One Road initiative.
The national innovation support system has made some progress but requires more initiatives. The Kyrgyz Government is executing a program called Sanarip Kyrgyzstan (Digital Kyrgyzstan) that aims to build an open and transparent country with a knowledge-based economy, improving the overall business environment. On top of that, international organizations are also active in the ecosystem. For example, PEAK Business Innovation Centers, funded by the UK government, supports the private sector in Kyrgyzstan and Tajikistan. Similarly, the business accelerator Accelerate Prosperity, the acceleration program KG LABS (a public foundation for startup development in Central Asia), and the High Tech Park are working towards creating a nurturing environment for startups to grow. Also, the Entrepreneurship Support Centers (ESCs) across the country provide legal and business consultations, as well as training to entrepreneurs.
Although there are notable legislative attempts to improve scientific and academic research, more needs to be done to encourage higher education and research and development institutions to collaborate with the corporate sector. Policymakers should focus on improving the national innovation system, strengthening the link between the various parts of the startup ecosystem, and strengthening the capacities of enterprises to absorb and adapt technologies to fully realize Kyrgyzstan’s potential for innovation-led sustainable development.
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The health check tables allow you to look at the performance Kyrgyzstan has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
Kyrgyzstan is ranked within the top 100 startup ecosystems globally.
Kyrgyzstan’s startup scene is best represented in Software & Data, Edtech, and in Software & and Data.
2023 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
---|---|---|---|---|---|---|
1st 0 | 524th + 208 | 0.458 | 00.00 | 00.00 | 00.00 |
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