The first stage of the “Crowdfunding Support” competition, announced by the Center for Analysis of Economic Reforms and Communication (CAERC) in cooperation with the International Bank of Azerbaijan, has been completed. The winners of the first stage have already been selected.

It should be noted that the EnterpriseAzerbaijan portal, with the support of the International Bank of Azerbaijan, provides Azerbaijan’s innovative and original startups with the opportunity to be represented at the highest level on the KICKSTARTER platform. In this regard, the winners of the competition organized by CAERC’s EnterpriseAzerbaijan portal, with the support of the International Bank of Azerbaijan, will receive assistance in marketing, business development, and the preparation of professional presentations.

In the next stage, the selected projects will be placed on the international crowdfunding platform Kickstarter, thereby launching the crowdfunding campaign.

A total of 10 innovative and original startup projects that passed the first stage have already been presented to the jury. After online video interviews, 5 winning teams were selected from among them.

We wish success and continued achievements to all teams participating in the competition.