The opening ceremony of the “A-hub Acceleration Program” was held with the support of the Ministry of Culture, the Islamic World Educational, Scientific and Cultural Organization – ICESCO, under the organization of “New Space Innovation” LLC, and the partnership of “Kapital Bank” and the Baku State University at Yarat Modern Art Space on October 4.
Taking the floor with an opening speech, the general director of ICESCO Salim bin Mahammad al-Malik, and Deputy Minister of Culture Farid Jafarov welcomed the guests and wished success to the program participants.
After that, speeches were made around different topics, and the video presentation of ''A-hub Azerbaijan – 2023" participants was shown.
It is worth noting that this project is being implemented in order to support the initiatives in the innovative development area, raise the interest of business entities and the youth in this area, and link the culture field with the private creative entities since 2021 in the ICESCO member countries.
14 teams have applied to this program from Baku, Sumgayit, and Ganja cities this year. Those teams will present their startups in the national final after undergoing a 6-week acceleration process. The teams winning in the national final will be entitled to take part in the grand final.