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Date:02/09/16

The acceptance of projects for the next grant competition, announced by the State Fund for Development of Information Technologies, has been completed

The State Fund for Development of Information Technologies under the Ministry of Communications and High Technologies of the Republic of Azerbaijan has completed  the acceptance of  projects for the next grant competition announced by the Fund.  121 projects were presented to the Fund within the competition.  These projects were presented to the Fund in electronic form after they had been registered at the Fund’s official webpage (www.ictfund.gov.az).  The acceptance of projects for competition was carried out based on the following priority areas:

1.  Development and commercialization of electronic service-related technologies and solutions
2.   Development of innovative ICT product samples.

3.  Development of the innovative infrastructure, including development and commercialisation of new technologies.

47, 25 and 49 projects were presented within the stated priority areas, respectively.

The projects will be evaluated in 2 phases.

During the first phase, the initial evaluation of the projects that have been submitted to the competition within 15 working days will be carried out.

During the second phase, the complex evaluation of the projects that have passed the initial evaluation will be carried out by independent experts within 20 working days.  

The projects that have successfully passed the complex evaluation will be presented to the Supervisory Board of the Fund for final decision. 

Note that the acceptance of projects for the grant competition lasted from July 1 to September 1, 2016.
The State Fund for Development of Information Technologies is a state body that stimulates functions in the field of information and communication technologies, the innovations in this field, as well as provides financial support for the expansion of operative scientific researches.

The Fund serves its functions in terms of the state and local self-governmental bodies, juridical people operating in the field of information and communication technologies, credit, financial and insurance institutions, associations which support the development of entrepreneurship, non-governmental and international organizations.




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