StartUp projects will receive additional support to potential investors.
This will be possible in the first half of next year, when a specialized portal will be used. AZN 15 thousand for these purposes will be allocated by the State ICT Development Fund under the Ministry of Communications and High Technologies of Azerbaijan, the information of the organizing committee says.
The resource, which will create a single platform for the registration, will be operating in the Azerbaijani and English languages. The users (mostly, the sponsors) will be able to create their profile and then form teams and find investors. Experts in various fields will be able to create online summaries for employment in ICT projects. The portal will certainly include the sections Services and Investors.
The project is implemented under the state program of implementation of the National Strategy for Information Society Development in Azerbaijan in 2016-2020. --17D-
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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