Thus, A’Startup Summit 2018 and an intensive seminar was held on July 18th-20th in Baku together with the organizational support of Aforyouth and general sponsorship of Azercell and PASHA Bank. The 3-day event was organized with the aim to boost the entrepreneurial and creative capabilities of aspiring entrepreneurs and young leaders. The first day of the Summit was a networking event where 45 local entrepreneurs aspiring to enter the international arena got to know each other and engaged with potential partners. This team formation was followed by problem identification through different business methods. The second day of the Summit was dedicated to discussing problem statements of young startups and giving advice on how to solve them. The last day of the event, July 20thwas an open day for the extended entrepreneurial community of Azerbaijan, where participants pitched their startup ideas developed during the past 2 days to relevant entities.
The winners of the A' Startup Summit 2018 were announced on the final day of the event. Ilkin Bayramli, Nariman Mammadli and Naseh Badalov took the 1st place with the project "Studentsy", Valid Mammadli, Narmin Nasirova, Khayala Mirzayeva were the 2nd with the project “BestFit" and Jamal Ahmadov and Laman Asadli were ranked the 3rd with the project "Rise in rice".
The winners gained an opportunity to continue to work on their projects at Barama Center. They were also offered the following as a present by Start Co-working Center:
1st place winner – unpaid working space (one person, all inclusive)
2nd place winner - unpaid working space (one person, all inclusive)
3rd place winner - unpaid working space (one person, all inclusive)
Notably, Barama Innovation and Entrepreneurship Center, the first incubation center in Azerbaijan has excelled in maintaining rich experience, relations with professional mentors and support of outstanding employees. Barama mainly supports and emerges IT projects, Cloud Computing and Business Solutions, Games, IOT, Fintech, Innovative Solutions in Agriculture, Virtual Reality, Enhanced Reality and Artificial Intelligence. The Center has organized various highly recognized international competitions in Azerbaijan and helped startups to establish their own businesses and attract new partners.
Aforyouth is a community-based youth organization which helps students & young professionals to pursue & polish their passions. Not onlytheyinstructthebeginners, butthey also provide them with cross-border work opportunities so that they can learn & earn concurrently.
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The leader of the mobile communication industry, the largest taxpayer and the biggest investor of the non-oil sector of Azerbaijan Azercell Telecom LLC was founded in 1996. With 48% share of Azerbaijan’s mobile telecom market Azercell’s network covers 80% of the territory (excluding 20% of the occupied territories) and 99.8% of population of the country. Currently, 4.5 million subscribers choose Azercell services. Azercell has pioneered an important number of innovations in Azerbaijan, including GSM technology, advance payment system, mobile internet services, Metro coverage, 24/7 call centre service, 7 day/week Front Office service, M2M services, one-stop-shopping approach Azercell Express offices, mobile customer services, Online Customer Care and Social Media Customer Care services, mobile e-signature service “ASAN Imza” etc. Azercell deployed first 4G – LTE services in Azerbaijan in 2012. According to the results of mobile network quality and wireless coverage mapping surveys by international systems, Azercell’s network demonstrated the best results among the mobile operators of Azerbaijan. Azercell is the only company in Azerbaijan and CIS region which has been awarded Gold Certificate of International “Investors in People” Standard.