Azernews.Az

By Trend

To increase the competitiveness of Turkmenistan’s economy, USAID supported a start-up ecosystem program, Stephen Guice, Public Affairs Officer of the US Embassy in Ashgabat told Trend.

"The program worked with six local mentor companies that offer startup incubation and acceleration services. These mentor companies hosted a total of 122 entrepreneurs and helped develop their innovative business ideas and products. In addition, USAID created a platform that assists aspiring entrepreneurs in understanding startup entrepreneurship and to master skills through learning, practicing, and collaboration," said Guice.

Also, to raise awareness about the importance of international standards and to train a pool of local experts, since 2017 USAID supported over 20 ISO training sessions and export promotion webinars for hundreds of representatives from local consulting companies and food producers in Turkmenistan.

"This two-prong approach generated a demand for the first local private certification body (Hil TM), which is owned and managed by a local businesswoman, thus breaking the monopoly of a foreign certification body and expanding certification services to the private sector. This private food safety lab has international accreditation in ISO 17025 and its test results are recognized abroad. The laboratory also created nine new jobs, the majority of which are held by women," he added.

In addition, Guice said that USAID Enables Turkmen Exporters to Access New Markets. Thus, Since 2019, USAID has partnered with Ter Önüm, a Turkmen company specializing in wholesale import and export. USAID provided Ter Onum with training and support to arrange for and send a trial shipment of melons to Austria.