BAKU, Azerbaijan, June 2. V4-Azerbaijan Tech
Bridge (V4ATB) will contribute to the development of the potential
of younger startup creators in Azerbaijan, Ambassador of Slovakia
Milan Lajcak stated, Trend stories.

Lajcak made the comment throughout ‘V4-Azerbaijan Tech Bridge Grande
Finale’ occasion.

“The first facet of the V4ATB program is the development of the
potential of younger individuals. Fresh concepts should not all the time sufficient, and
our challenge will assist younger begin-up creators to put them into
follow,” he noted. “The second facet of this system is
communication. This facet is vital, as a result of with out a
developed connection, nations and areas can be remoted.”

According to him, the third facet of this system is the
development of improvements and applied sciences.

He added that Tech Bridge serves as a ‘bridge’ to entice
expertise from different nations for the development of start-ups in
Azerbaijan.

The V4ATB challenge was initiated by the Embassy of Poland in Baku
and obtained funding from the International Visegrad (V4) Fund.

The initiative has been applied since February 2022 by a
Consortium of Startup Hub Poland Foundation (Poland, challenge
chief), AI Startup Incubator (Czech Republic), CEU iLab (Hungary),
CIVITTA (Slovakia) and UltimateHub Innovation and Technology Center
from Azerbaijan with a quantity of supporting Azerbaijani companions,
together with the Innovation and Digital Development Agency (IDDA) and
Small and Medium Business Development Agency (SMBDA).

The objective of the 18-month V4-Azerbaijan Tech Bridge challenge is to
set up and improve cooperation between Visegrad Group (Czech
Republic, Hungary, Poland, Slovakia) and Azerbaijan in the sphere
of innovation by linking startup ecosystem gamers like innovation
hubs, non-public traders, enterprise capital funds and
innovation-in search of companies from the EU with the potential of
Azerbaijani startups and innovators.