IRIA and Astana Hub signed a memorandum of cooperation

The Innovation and Digital Development Agency of Azerbaijan (IDDA) and Astana Hub, an international technopark from Kazakhstan, have signed a Memorandum of Understanding.

The purpose of the document is to strengthen cooperation between the two countries in the field of innovation, startup support, and the development of entrepreneurial ecosystems. The Memorandum provides for joint initiatives in the incubation and acceleration of startups, exchange of knowledge and experience, provision of mentoring support, educational programs, and access to necessary resources for entrepreneurs and innovators.

The parties also plan joint events and programs aimed at expanding startups' access to markets, venture capital, and international investment opportunities. The Memorandum creates a platform for strategic partnership, enabling the exchange of experience, knowledge, and best practices in the field of technology and innovation.

The signing of the document opens up new opportunities for the development of startup ecosystems in Azerbaijan and Kazakhstan, stimulates the growth of innovative projects, contributes to the expansion of cooperation between the countries, and facilitates the integration of their entrepreneurial communities at the regional and international levels.

Source: Mincom.gov.az