Azerbaijan, Türkiye ink MoU on innovation cooperation
Baku, February 11, AZERTAC
Azerbaijan’s Innovation and Digital Development Agency (IDDA), the Turkish Informatics Industry Association (TÜBİSAD), and the consulting company "Sistem Global Danışmanlık A.Ş." have signed a trilateral Memorandum of Understanding on cooperation in the field of innovation.
The memorandum was inked on the sidelines of "Azerbaijan–Türkiye Business Forum: Digital Transformation and Technology Bridge."
The memorandum envisages cooperation in such areas as the development of the innovation ecosystem, digital transformation and technoparks, supporting startups with incubation and acceleration programs, strengthening technological entrepreneurship and human capital, co-financing and investment of innovation projects, promoting public-private partnerships, and supporting pilot projects through digital "sandboxes".
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