Prime Minister meets young entrepreneurs
PoliticsUlaanbaatar/MONTSAME/. Yesterday, May 26, Prime Minister
U.Khurelsukh met with representatives of ‘Dreamers’ association of young entrepreneurs, owners of startup companies and
founders of tech-based companies.
At the beginning of the meeting, Prime Minister said that
the Government of Mongolia would fully support them who are introducing
innovation by using technological advancement in the era of information. Present at the
meeting were Minister of Foreign Affairs D.Tsogtbaatar and
Member of Parliament N.Uchral.
Young entrepreneurs submitted to the PM a draft policy proposal on the government's support for startups. Upon receiving the document, the PM instructed the Foreign Minister to study the feasibility of the proposal and prepare for its realization.
Despite the adoption of the Law on Innovation, its
implementation is insufficient and slow-moving; therefore the government will
work for the adoption of follow-up regulations and other related laws, involvement
of IT companies in tax incentives, and financial support as well as the development
of legal environment, said the PM.
Today, a digital space plays a greater role than the real space in society, its development, relations of humankind, and existence. During the meeting, there was a suggestion that if Mongolia becomes an unlimited free zone for startups, it would directly support the development of this sector.