Consortium established to support startups

With the objective of ensuring the participation of startups in tenders held by various government agencies and individual companies, as well as in important projects and to support them in this field, a consortium has been established with the participation of the Innovation Agency under the Ministry of Transport, Communications and High Technologies, AzInTelecom LLC under the ministry and companies Lenovo, Nutanix, and iQRex.
 
The consortium will provide local startuppers with an opportunity to get access to various financial sources, to take part in important projects, including large and medium-sized tenders.
 
Both worldwide and in our country, startups belong to the target risk groups. In this regard, they remain aloof from large-scale financial projects. In the majority of cases, startups are not allowed to tenders announced by government agencies and private companies. The established consortium will increase the chances of startups in that respect.

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