MECHANISMS, PROBLEMS, AND PROSPECTS OF VENTURE FINANCING FOR STARTUP PROJECTS IN THE ERA OF THE DIGITAL ECONOMY
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Abstract
: In the context of globalization, venture funds and other types of investment funds play a crucial role. This article, using the IMRaD method, analyzes the role of funds financing innovative and technological projects within the startup ecosystem, the specific features of startup valuation, and the primary mechanisms of venture investment. It identifies inherent challenges such as information asymmetry and resource scarcity, while also examining the current state of Uzbekistan's venture market and defining the prospects for its development under the conditions of forming digital sovereignty. The research explores the "Smart Capital" concept, investment stages, and systemic barriers within Uzbekistan's ecosystem.
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