BAKU, Azerbaijan, Mar.31
By Sadraddin Aghjayev – Trend:
Deputy Chairman of the State Agency for Public Service and Social Innovation (ASAN Service) under the President of Azerbaijan Jeyhun Salmanov, Regional Director of the US ‘500 Startups’ Arianna Dilts, and Manager of the PASHA Holding business group Rauf Gulamaliyev discussed the progress of the next stages of the Azerbaijan 500 ASAN Startup Program, Trend reports citing the Innovation Center.
According to the center, only 367 out of 1,268 registered participants will be admitted to a further 500 Startup trainings.
Trainings will be aimed at the creation of projects in the field of entrepreneurship, teams, Startup Booster, analysis of the consumer and the service market, development, and improvement of the system.
“As a result of the program, only 10 start-up projects that have shown successful results will have the opportunity to present their projects to potential investors at the DemoDay event, attract investments and demonstrate high competitiveness in the world market,” the center said.
The program, which will last 6 months, will host many online and offline events.
In November 2020, a memorandum of cooperation was signed between the ASAN Service and the US venture fund and the ‘500 Startups’ startup accelerator on the development of startups in Azerbaijan.
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