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Wednesday, 11 July 2018 20:00

MIT-Azerbaijan Global Startup Lab Program has been launched

MIT-Azerbaijan Global Startup Lab Program has been launched

Recently, the opening ceremony of the first MIT-Azerbaijan Global Startup Lab program was held at ADA University with the support of SOCAR AQS LLC.

The main objective of the project is to contribute to the development of startups based on mobile/web-based applications (establishing new enterprises based on new technology and innovative ideas) and private entrepreneurship, and to organize intensive courses for students in entrepreneurship and computer programming.

The MIT competition committee has chosen the most talented 30 students among applicants of different higher education institutions and has provided them the right to attend a 7-week intensive course.

Notably, among the participants, along with the students of ADA University, Khazar University, Baku Engineering University, Baku High Oil School, Azerbaijan State Oil and Industry University and Baku State University, there are Azerbaijani students from well-known foreign universities.

Dr. Hafiz Pashayev, the Chancellor of the ADA University, said that launch of the startup lab will give a significant boost to the country's entrepreneurial ecosystem development. ‘’It is greatly pleased that young people studying at different universities in Azerbaijan, who have foreign languages skills and a high technical knowledge, come together at the MIT- Azerbaijan Global Startup Lab Program. In particular, it is commendable that the gender balance has been kept among the participants, and ladies actively participate in the course. ADA University Innovation Center will also enjoy the opportunity of having the startup lab at our university, by attracting its employees to the program, and gaining unique experience on developing ideas! ''.

General Director of SOCAR AQS LLC Ramin Isayev congratulated the participants of the program and wished them success in the course. “As you know, the Massachusetts Institute of Technology (MIT), the so-called Center for Computer Technologies, is the world leader in science, technology, and artificial intelligence. MIT is the place where many scientific discoveries are created. It is not a coincidence that we have brought for you a Startup Lab of such a famous university, as a pilot project to Azerbaijan.

During this intensive course, you will learn the framework principles to improve your ideas. Thanks to this course, you will be able to enhance your ideas from the local and national levels to the global scope.


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