Local qualification round for Seedstars World competition among Azerbaijani start-ups will take place in Baku on August 7-12. Winners of the qualification round will get an opportunity to represent our country in world-known competition and compete for USD 500 thousand in investment.
Seedstars World is the global competition to identify talanted youth in emerging and fast-growing start-up market. The competition is aimed at providing support for entrepreneurs in emerging countries.
While Seedstars World covered 39 countries last year, now there are 50 countries participating in this competition. It drew the attention of entrepreneurs from Silicon Valley (center for hi-tech companies in California, US) and Western Europe. Past participants of the competition were able to create more than 360 jobs and attract investment in the amount of USD 20 million. Having MEST, Google for Entrepreneurs and Microsoft as its partners, Seedstars World provides platform for innovative start-ups and supports regional business.
Azercell Teecom LLC, leading mobile operator in Azerbaijan, collaborates with Swiss company of Seedstars in the World Start-up Competition. Imran Baghirov, Strategic Adjacencies and Customer Channels Department Director, has been appointed as a Seedstars World ambassador.
Qualification rounds of World Start-up Competition starting on August 7, will be held with the organizational support of Barama Innovative and Entrepreneurship Center under Azercell and ADA University. The winners will qualify for World Start-up Competition to take place in Switzerland in February, 2016, and get a chance to present their projects to European and world investors and attract USD 500 thousand in investment.
In addition, newly established direction called STARS provides an opportunity for start-ups in travel and financial technology to show their ideas.
Those wishing to join the competition may register at the link below by August 7:
http://www.seedstarsworld.com/event/seedstars-baku-2015/
For more information, please apply to news@mcs.az.
Azercell Telecom LLC was founded in 1996 and since the first years sustains a leading position on the market. Azercell introduced number of technological innovations in Azerbaijan: GSM technology, advance payment mobile services, GPRS/EDGE, 24/7 Customer Care, full-time operating Azercell Express offices, mobile e-service “ASAN imza” (ASAN signature) and others. With 51% share of Azerbaijan’s mobile market Azercell’s network covers 99,8% of the country’s population. Currently, the number of Azercell’s subscribers reached 4,6 million people. In 2011 Azercell deployed 3G and in 2012 the fourth generation network – LTE in Azerbaijan. The Company is the leader of Azerbaijan’s mobile communication industry and the biggest investor in the non-oil sector. Azercell is a part of TeliaSonera Group of Companies serving 186 million subscribers in 17 countries worldwide with 27,000 employees.
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