RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of October 13, 2020 No. PP-4862

About additional measures for enhancement of system of involvement of the population in entrepreneurship and development of entrepreneurship

In recent years within the programs "Each Family — the Entrepreneur", "Youth — Our Future" and other social programs directed to involvement in entrepreneurship and expansion of sources of the income of general population over 13 trillion sum are in total allocated the credits for the amount, more than 600 thousand families will reach scope.

These programs serve in regions as push for population occupation as business activity, improvements of image of his life and employment increase.

At the same time the gained experience and the international practice require forming of the complete system consisting from complex and complementing each other possibilities of receipt of the credit.

For the purpose of enhancement of system of involvement of the population in entrepreneurship, reducing poverty and consecutive continuation of implementable reforms on development of entrepreneurship:

1. Implement in practice the following main directions of broad involvement of the population, especially youth and women in entrepreneurship, enhancement of system of microfinancing, and also the state support of entrepreneurship:

increase in interest and interest of the population in occupation entrepreneurship;

implementation of the training system directed to forming at the population of the skills necessary in the field of entrepreneurship, broad attraction to this process of the international organizations, non-state non-profit organizations and the non-state educational organizations;

institutional enhancement and development of the system of microcredit directed to support of entrepreneurship;

development of social programs for support of entrepreneurship of the population in harmony and coordinated with the reforms realized in economy;

creation of the full-fledged system directed to expansion and development of activities of the population having skills and experience of entrepreneurship and also other representatives of small business by realization of their potential;

the organization of complete system for support of entrepreneurship and establishing its functioning and coordination from the single state organization.

2. To the ministry of support also families waved, to the Ministry of employment and employment relationships, Agency on cases of youth, the Ministry of national education, the Ministry of the higher and secondary vocational education, Chamber of Commerce and Industry, Agency on development of entrepreneurship and khokimiyats of all levels to determine implementation of measures, directed to increase in interest and interest of the population of regions in entrepreneurship as one of the main directions of the activities.

In two-month time to provide to the Cabinet of Ministers approval by the relevant ministries, departments and public authorities on places with involvement of domestic and international experts of programs of the motivational measures directed to strengthening of interest and feeling of interest of the population in entrepreneurship, its aspirations to improvement of level of the life. At the same time to pay attention to involvement of successful young entrepreneurs and experienced representatives of business.

To provide to public fund for support of non-state non-profit organizations and other institutes of civil society active participation of non-state non-profit organizations in implementation process of the actions determined by this Item.

To agency on cases of youth to place on competitive basis social orders for preparation of video records and textbooks on "coaching" and the motivational rollers directed to training of the population in ways of improvement of the welfare, income acquisition by means of professions and occupation by business and also to practical aspects of establishing such activities.

3. Since November 15, 2020 to implement the following procedure for the state support of training of youth and women in professions and skills of entrepreneurship:

70 percent of expenses of the non-state educational organizations spent for training of the population in professions and entrepreneurship at the training courses organized by them on the basis of the programs and requirements approved and established by Agency on development of entrepreneurship and the Higher school of business and entrepreneurship are compensated by the state, but in the amount of not exceeding 1 million sum for each graduate (youth and women) who finished these rates;

rates on training in professions and entrepreneurship of the non-state educational organizations, the microcredit for the organization of the business according to Item 5 of this resolution is allocated to the persons which successfully finished and who received the certificate (further - the special certificate).

4. To agency on development of entrepreneurship together with the Higher school of business and entrepreneurship:

since November 15, 2020 to create the electronic register of the non-state educational organizations which are taking part in programs for training of the population in professions and entrepreneurship with ensuring its openness;

since January 1, 2022 to start the Single system of training in entrepreneurship on the basis of international standards, including programs and training systems to entrepreneurship of the International Labour Organization and other international organizations with involvement of foreign experts.

5. Establish procedure according to which to persons who received special certificates of the non-state educational organizations, JSB Mikrocreditbank and JSC Hulk banki is allocated:

microunsecured loans at the rate to 33 million sum on the organization of the business to the physical persons having entrepreneurial initiatives including youth and women;

the microcredits at the rate to 225 million sum to persons which founded microfirms and small enterprises on the basis of the guarantee of the third parties, insurance policies, pledge of the property acquired on credit, the guarantee of the State fund of support of business activity and other types of providing, stipulated by the legislation.

At the same time the microcredits are allocated for a period of up to 3 years, including grace period up to 6 months, and for youth business projects - for a period of up to 7 years from grace period to 3 years at the main rate of the Central bank taking into account possibility of loan repayment.

6. To fund of reconstruction and development to allocate funds in equivalent of 100 million US dollars for the purpose of ensuring business activity with financial source of adjustment by training of youth and women in professions and skills of entrepreneurship. At the same time from these means to direct:

in equivalent of 9 million US dollars on financing of the actions provided by the paragraph the second Item 3 of this resolution - to Agency on development of entrepreneurship on a grant basis;

in equivalent of 1 million US dollars on financing of actions, the stipulated in Item 2 presents of the resolution - to Agency on cases of youth on a grant basis;

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