The UFAZ Entrepreneurship and Innovation Center is offering an opportunity to win 5,000 AZN for creative startup ideas

The Entrepreneurship and Innovation Center of Azerbaijan-French University (UFAZ) has announced the opening of registration for the 2nd batch of the IGNITE Incubation Program.

The program aims to provide support for individuals and teams with creative business ideas who are eager to embark on an entrepreneurial journey. This three-month intensive program invites startup founders from diverse backgrounds to participate, with the only requirement being that at least one of the team members is currently a student at any university or has graduated within the last 2 years.

Startups selected for the program will enjoy the following benefits:

• Access to a dedicated workspace at the UFAZ building
• Mentorship and training from experienced entrepreneurs and industry experts
• An opportunity to pitch their startup to potential investors at the Demo Day in May
• Financial support of up to 500 AZN for each team during the program
• An initial seed investment of 5,000 AZN for the top two startups

Additionally, the most successful startup founders will have the chance to go on an exciting entrepreneurship trip to the University of Strasbourg if their progress and performance during the program meet the requirements.

The deadline for applying to the program is 09.01.2024. To submit your application, please follow the provided registration link:

The IGNITE Incubation Program is organized with the support of the Innovation and Digital Development Agency.