Azer­bai­jan’s best startup se­lected

Azer News - - Culture & Lifestyle -

The win­ner of the in­ter­na­tional com­pe­ti­tion "Seed­stars World", or­ga­nized by the Cen­ter of In­no­va­tions and En­trepreneur­ship Barama of Az­er­cell Telekom was an­nounced.

The lo­cal round of the 6th Seed­stars World com­pe­ti­tion held in Azer­bai­jan with sup­port of PASHA Bank, the Cen­ter for Patents and Trade­marks, the Em­bassy of Switzer­land in Azer­bai­jan and the ADA Uni­ver­sity has com­pleted suc­cess­fully.

The event took place on June 8th, at ADA Uni­ver­sity, and 10 lo­cal star­tups se­lected by the jury panel pre­sented their projects to win a ti­tle of “The Best Startup of Azer­bai­jan”. Ac­cord­ing to the reg­u­la­tions, star­tups with less than 2 years of op­er­a­tion, that have built a vi­able prod­uct, and with the po­ten­tial of re­gional and global growth, were el­i­gi­ble to join the com­pe­ti­tion. Based on the vot­ing by the ju­ries, "On­branch" by Elchin Eskerov was named “The Best Startup of Azer­bai­jan” for its in­no­va­tive sus­tain­able so­lu­tion. "Tap2Doc" by Jey­hun Ja­farov took sec­ond place, while a third place tro­phy was awarded to the start-up “Ow­bike” by Hasanaga Azad.

One of the main awards of the win­ner "On­branch" is the op­por­tu­nity to take part in the In­ter­na­tional Sum­mit "Seed­stars", which will be held in April 2019, in Switzer­land. Dur­ing the week­long train­ing pro­gram, our startup will meet with the win­ners of the na­tional qual­i­fy­ing com­pe­ti­tions "Seed­stars World" from 65 fast-grow­ing coun­tries of the World, as well as po­ten­tial in­vestors and men­tors. On the last day of The Sum­mit, the lo­cal win­ners will pre­sent their projects to the 1,000th au­di­ence and com­pete for up to $ 1 mil­lion in eq­uity in­vest­ment.

It should be noted that tech­ and Barama Me­dia have pro­vided of­fi­cial me­dia sup­port to the project and Dis­tri­bu­tion Com­pany Mi Mo­bile awarded the win­ners with spe­cial gifts.

Con­tin­u­ing on its World tour of fast-grow­ing startup scenes in emerg­ing mar­kets, Seed­stars World’s next stop is in As­tana, Kaza­khstan. Seed­stars World is look­ing for smart star­tups that solve re­gional is­sues and de­velop prof­itable and vi­able prod­ucts for the global mar­ket. Seed­stars World is the World's largest startup com­pe­ti­tion in emerg­ing mar­kets. Seed­stars’ goal is to place the spot­light on en­trepreneurs from emerg­ing mar­kets, es­pe­cially tar­get­ing so­lu­tions that align with UN Sus­tain­able De­vel­op­ment Goals.

Notably, Barama In­no­va­tion and En­trepreneur­ship Cen­ter of Az­er­cell, which ac­tively sup­ports IT projects and helps such star­tups to build their busi­ness, is closely co­op­er­at­ing with Seed­stars of Switzer­land and is the lo­cal or­ga­nizer of Seed­stars Baku events.

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, on­estop-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.

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