12:44 - 12.11.2026

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November 12, Fineko/abc.az. New support mechanisms aimed at strengthening the innovation ecosystem are to be introduced in Azerbaijan.

Shahin Aliyev, Deputy Chairman of the Agency for Innovation & Digital Development, said this when delivering speech at the educational event "Digital Competencies for the Media".

He told about plans to develop and implement support mechanisms for startups and private IT companies to create innovative products and services.

The deputy chair stressed that benefits are provided for residents of technoparks in Azerbaijan for 10-year period.

"These opportunities make the country an attractive platform for not only local IT companies, but also companies from the region and other foreign countries," he emphasized.