Seed­stars World once again in Azer­bai­jan

Azer News - - Na­tion -

Seed­stars World, the global seed-stage com­pe­ti­tion to iden­tify young ta­lents in emerg­ing and fast-grow­ing startup mar­kets, is com­ing to Azer­bai­jan for the 5th time.

Thus, the fifth lo­cal qual­i­fy­ing round of Seed­stars World, which is or­ga­nized by Barama In­no­va­tion and En­trepreneur­ship Cen­ter and sup­ported by Az­er­cell, PASHA Bank Em­bassy of the United States of Amer­ica, will be held on May 3rd, 2017 at ADA Univer­sity. Ten of Azer­bai­jan’s best seed stage star­tups will com­pete to rep­re­sent the coun­try at the Seed­stars Sum­mit and win up to USD 1 mil­lion. Please visit https://www.seed­star­ event/seed­stars-baku-2017 to ap­ply for the com­pe­ti­tion.

In line with its mis­sion to spot star­tups, Seed­stars World is trav­el­ling to 65 coun­tries this year to iden­tify the best seed-stage en­trepreneurs and pro­vide them with an op­por­tu­nity to win up to USD 1 mil­lion and net­work with in­vestors and men­tors from around the world.

Seed­stars World is closely work­ing with Az­er­cell, the lead­ing mo­bile op­er­a­tor in Azer­bai­jan. “Seed­stars is a global di­ver­si­fied com­mu­nity, rich of op­por­tu­ni­ties for en­trepreneurs as well as, dif­fer­ent stake­hold­ers in­clud­ing in­vestors, in­dus­try play­ers and many more. The com­pe­ti­tion is aimed to sup­port en­trepreneurs in emerg­ing mar­kets. It is a great chance for lo­cal star­tups to pitch in the world mar­ket and demon­strate their abil­i­ties. 10 star­tups will be in­vited to gain the op­por­tu­nity to com­pete at the Seed­stars Sum­mit that an­nu­ally takes place in Switzer­land”, stated Im­ran Ba­girov, Gen­eral Man­ager at Barama Inno- va­tion and En­trepreneur­ship Cen- ter, and lo­cal or­ga­nizer and Seed­stars Am­bas­sador.

Seed­stars is a Swiss based group of com­pa­nies which has the goal of im­pact­ing peo­ple’s lives in emerg­ing mar­kets through tech­nol­ogy and en­trepreneur­ship. Through dif­fer­ent ac­tiv­i­ties of startup scout­ing, com­pany build­ing and ac­cel­er­a­tion pro­grams, the team has now ac­cess to en­trepreneurs, in­vestors, in­cu­ba­tors, cor­po­ra­tions and gov­ern­ment of­fi­cials from over 60 coun­tries.

The leader of the mo­bile com­mu­ni­ca­tion in­dus­try of Azer­bai­jan and the big­gest in­vestor in the nonoil sec­tor Az­er­cell Tele­com LLC was founded in 1996. With 48% share of Azer­bai­jan’s mo­bile mar­ket Az­er­cell’s net­work cov­ers 80% of the ter­ri­tory 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, 24/7 Cus­tomer Care, on­line cus­tomer ser­vices, GPRS/EDGE, M2M, Mo­bilBank, one-stop- shop ser­vice of­fices Az­er­cell Ex­press, mo­bile es­er­vice “ASAN sig­na­ture”, etc. Az­er­cell de­ployed first 4G – LTE ser­vices in Azer­bai­jan in 2012. Ac­cord­ing to the re­sults of mo­bile net­work qual­ity sur­veys of Global Wire­less So­lu­tions com­pany and in­ter­na­tional sys­tems spe­cial­ized in wire­less cover­age map­ping such as “Opensignal” and “”, Az­er­cell’s net­work demon­strated the best re­sults among the mo­bile op­er­a­tors of Azer­bai­jan.

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