Legislative base developed in Azerbaijan to establish startup ecosystem

A legislative base has been developed in Azerbaijan to establish a startup ecosystem and in the upcoming future, it will be presented for the extended discussion, said Rovshan Rustamov, Deputy Minister of Digital Development and Transport at the V International Banking Forum, SİA reports.

According to him, in general, for a country there is innovation strategy developed within the framework of the socio economic development for 2022-2026.

“This strategy is based on the Absheron Valley innovative cluster. And the main targets of it is development of financial technologies, promoting startups in this field, so that then we cab reveal solutions in world scale,” R. Rustamaov said.

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