Collaborating to Support Startup Entrepreneurs
On June 4, 2025, several incubator centers and organizations that support startups in Mongolia signed a Memorandum of Understanding (MoU) with the Ulaanbaatar Investment Management Securities Company LLC, a state-owned enterprise of the Capital City.
The signing ceremony was attended by representatives from InnoHub Center, MStars Center, Startup Marketing Space LLC, Startup Terminal LLC (a subsidiary of Ikh Uilsiin Ereld Group), and Fundea.
During the event, Mrs. Gangamurun, Director of Ulaanbaatar Investment Management SC LLC, emphasized the possibility of providing financial support to startups that meet selection criteria. Participating organizations expressed interest in further exploring this opportunity.
As only a few accelerators, co-working spaces, and incubator centers are currently supporting startups in Mongolia, this gathering marks a step toward greater collaboration and collective solutions.
Founded in 2018 with investment from Ikh Uilsiin Ereld Group, Startup Terminal has worked with over 600 entrepreneurs, SMEs, and startup businesses to date. Its partnership models include discounted co-working memberships, a wide range of training events, mentoring programs, and both direct and indirect investment opportunities.
