12:54 - 30.05.2019

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May 30, Fineko/abc.az. Today, Monex Summit is taking place in Baku as part of the Festival of Innovations.

At the summit, a Memorandum of Understanding was signed between the Ministry of Transport, Communications & High Technologies and DAAL Venture Capital.

According to the Memorandum, financial resources will be allocated to startups in Azerbaijan through a joint fund created by the parties. In particular, DAAL Venture Capital announced plans to allocate funds for at least four start-up projects in Azerbaijan at the initial stage.

The document was signed by Minister of Transport, Communications & High Technology Ramin Guluzade and DAAL Venture Capital’s executive director  Abdurrahman al-Qahtani.