The national final of the project “I2B – From Idea to Business”, which is implemented jointly by the Ministry of Transport, Communications and High Technologies, the Regional Development Public Union of Heydar Aliyev Foundation, Azerbaijan Youth Foundation, the United Nations Development Programme, Innovation Agency, Microsoft Corporation and Azercell, was held. During the final ceremony, organized at Heydar Aliyev Center within the "InnoWeek – Innovation Week", the winners for 2019 were determined from among the finalists held in Baku and regions
17 teams reached the semifinals in the startup tours organized in Baku, Sumgait, Shamakhy, Shaki, Zagatala, Tovuz, Goychay, Ganja, Lankaran, Mingachevir, Sabirabad and Nakhchivan. And 10 teams that were successful in the final qualifying round – Heal With (Baku), Health Bag (Goychay), PayPort (Nakhchivan), Palliativ Plus (Baku), “Chameleon” (Baku), OSHE-01 (Shirvan), “Professional” (Nakhchivan), Nano Desal (Baku), Biobone (Ganja), Agroshare (Baku) gained the right to compete in the national final of the project “I2B - From Idea to Business”.
In the final, the projects were presented to a jury consisting of experts. During the allowed time 10 of the above mentioned teams also answered questions related to projects.
The finalists’ projects were evaluated by the jury of experts according to criteria such as uniqueness of idea, market potential, the period of return on investment, the time required to develop a preliminary service / prototype, the ability of the team to implement the idea.
Thus, the team “Heal With” became the winner of the “I2B – From Idea to Business” project for 2019. The winner was awarded by Minister of Transport, Communications and High Technologies Ramin Guluzade.
Notably, the winners of the 1st, 2nd and 3rd places will be provided with financial support by the organizers and partners to turn their ideas into business.
The winners will be able to present their projects at the 25th Anniversary Azerbaijan International Telecommunications, Innovations and High Technologies Exhibition Bakutel to be held on December 3-6.
