The presentation of the Sabah Lab Incubation Center for UFAZ students took place at the French-Azerbaijani University on November 2. The activity of the center established under the Institute of Education with the support of the Ministry of Education covers the support of startups aimed at the creation and development of innovative companies in various sectors of the economy.

The presentation was attended by Sabah Lab CEO Rahim Bayramli, Push30 Startup Director Adil Gasimov, IBM iX Tech Leader Petras Slekys, Wolt Azerbaijan’s former CEO Fuad Babayev and Sabah Lab Marketing Director Farhad Pashayev.

It was noted that the main purpose of the center is to create a sustainable ecosystem around young entrepreneurs in order to stimulate the development of companies that will meet the demand for services and products in local and foreign markets. The educational program will be implemented in close cooperation with higher education institutions, government agencies and various large and small companies in local and international markets.

The center's unique and proven educational program is designed in collaboration with the IE Business School, Europe's number one school of innovation and entrepreneurship. The curriculum includes several professors and industry leaders from local and international universities (Stanford, Massachusetts Institute of Technology, UC Berkeley, IE Business School).

At the new center, participants in the proposed program will be selected through an online application process, at the end of which 30-40 participants (10 teams) will be identified. The IE Business School will support the selection process. Participants can join the program even without generated startup ideas. The program is open to both individuals and formed startup teams.

At the end of the event, students' questions were answered. UFAZ students wishing to participate in the program can register by following the link below: http://sabahlab.edu.az/about-us/