AKDN agencies support development of entrepreneurship in Tajikistan through AP initiative

Asia-Plus

The Government of Tajikistan aims to expand productive employment, increase agricultural production and market access, and raise rural incomes.  In line with this mission, the joint Aga Khan Foundation (AKF) and Aga Khan Economic Fund for Development (AKFED) initiative, Accelerate Prosperity (AP), inspires and funds entrepreneurs to improve the quality of their products and enter new markets.

The Aga Khan Development Network (AKDN) notes that the initiative offers incubation, acceleration programs and investment and post-investment technical assistance to startups, creating social, environmental and economic growth.

Accelerate Prosperity (AP) is an initiative of the Aga Khan Development Network (AKDN) in Central and South Asia, with a mandate to create sustainable enterprises by investing in companies that can enable social, environmental, and economic growth while delivering good capital returns.

Since 2016, Accelerate Prosperity Tajikistan has reportedly been supporting potential entrepreneurs through business modeling, 1:1 employee coaching, mentoring, networking with entrepreneurs, funding readiness, growth stage funding, investor services, and trade facilitation.

By the end of 2022, Accelerate Prosperity had reportedly invested almost 5 million US dollars in 292 small- and medium-sized enterprises.  Over 1,600 projects have been incubated and almost 350 accelerated countrywide, creating jobs for nearly 1,000 people, half of whom are women.

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