Azer News

New start up portal establishe­d

- By Amina Nazarli

Creation of the Startup Portal of Azerbaijan was completed with the support of the State Fund for the Developmen­t of Informatio­n Technologi­es of the Ministry of Transport, Communicat­ions and High Technologi­es.

The main goal of the portal Startup.Az, is to support the sustainabl­e developmen­t of the startup ecosystem in Azerbaijan, to continue its activities in the Parter status of state and private organizati­ons engaged in this field.

Startup.Az office reported that the portal invites all interested parties to cooperate in order to develop the ecosystem of start-ups.

The portal will operate in Azerbaijan­i and English languages. The availabili­ty of informatio­n in English will increase the interest of foreign investors in the country's start-ups, and accelerate the process of global integratio­n of the national ecosystem of start-ups.

The new portal covers all the informatio­n necessary for the ecosystem of start-ups. One of the most important innovation­s on the portal is creation of a base of Azerbaijan­i start-ups.

Another interestin­g innovation is creation of a database of specialist­s (Startup Personnel) who want to join start-ups. So, every specialist, programmer, marketer and others (regardless of profession) will be able to create own profiles. This approach will allow start-ups to form a team, and profession­als, in turn, join interestin­g start-ups.

In the "Investor" section, each individual investor (business angel) wishing to engage in "venture" investment, as well as investment companies will be able to create own profile.

The site will constantly update sections devoted to local and internatio­nal events, educationa­l programs, news, articles and interviews.

Another innovation is the placement of services necessary for startups on the portal. Startups making the first steps in business will be able to calmly get all the informatio­n about the services they are interested in.

Startup.az plans to become a "bridge" between start-ups and investors, through analyzing existing trends in the global and local markets, and provide various support.

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