Great opportunity to turn your innovative ideas into business

Baku, FinanceTime. Barama Innovation and Entrepreneurship Center of “Azercell Telecom” LLC continues to support the startups desiring to turn their innovative ideas into business. With the view to improve the entrepreneurial environment and develop a digital ecosystem in the country, the center with 10 years of experience now is pleased to start a new incubation program. The project aims to support emerging startups and give impetus to the improvement of their business through the provision of various resources and services. The program provides successful startups with free office support, professional consultation, training programs for a period of 6 months and gives them an opportunity to build strong relations with a professional business network. Information Technologies, Virtual games, Media, Medical Technologies (MedTech), Internet of Things (IoT), Financial Technologies (FinTech), Agricultural Technologies (AgTech), Virtual Reality (VR), Augmented Reality (AR), Artificial Intelligence (AI), Cloud Computing and Business Solutions, Insurance Solutions (Insurtech), Travel and Tourism (TravelTech) and Software as a Service (SaaS) are major fields of preference in the incubation program.  

To join the Barama Incubation Program, applicants are required to fill in the online application form at https://gate.barama.az/registration.php. The deadline for submission of application is March 15th, 2019. First, the projects submitted for the program will be evaluated by Barama team and selected projects will be invited to the Barama office in March, where the qualified teams will need to pitch their projects with a business plan in the second stage of the selection process. Finally, the center will announce the qualified teams who will get a chance to realize their project at Barama Innovation and Entrepreneurship Center. Please, visit www.barama.az for more information about the program.

The centerhas supported startups since its establishment and hosted a number of events and carried out various projects aimed to develop the digital ecosystem in Azerbaijan. Supported by Azercell and PASHA Bank, Barama is currently one of the major startup incubation centers in the country and continues its successful activity in this direction.