Take Off Baku Startup Summit was held in Baku

From May 26 to 28, 2022, the Take Off Baku International Startup Summit was held as part of the TEKNOFEST aerospace and technology festival. The summit was attended by 50 innovative startups from 7 countries in such categories as: EdTech, Fintech, HealthTech, AgroTech, Data&AI, SmartCity, SocialTech, Logistics, HR-tech and EnergyTech.

All startups participating in the summit demonstrated their projects at the exhibition area of ​​the summit and took part in B2B meetings with large Azerbaijani and Turkish companies.

During the summit, foreign experts made presentations on the opportunities for developing the startup ecosystem and upcoming trends, citing cases of successful startups.

In the final part of the summit, the Minister of Digital Development and Transport of the Republic of Azerbaijan Rashad Nabiyev, Chairman of the Board of the TEKNOFEST festival Seljuk Bayraktar and Deputy Minister of Industry and Technology of the Republic of Turkey Mehmet Fatih Kacir spoke to the participants.

Mehmet Fatih Kachir in his speech announced the opening of two innovation centers in Azerbaijan.

The chairman of the board of the TEKNOFEST festival, Seljuk Bayraktar, took part in the award ceremony for the winners of the summit. Prizes were distributed as follows:

  • 1st place - Recepta (USA)
  • 2nd place - Epoint (Azerbaijan)
  • 3rd place Co-Print (Turkey).

The winners were awarded a cash prize of $15,000, $10,000, $5,000, respectively.

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