Azerbaijani business incubators ink memorandum on cooperation

Baku. 30 March. REPORT.AZ/ Today, 18 business incubators have signed a memorandum on cooperation at the Baku Business Center.

Report informs, the document was signed at the conference "Business incubators - a successful platform for small business development" organized by Ministry of Economy.

Deputy Economy Minister Sahib Mammadov said that the formation of ideas for entrepreneurship development is of great importance: "Startups are widely spread in the world today. Not every startup is being successful. The main idea is to formulate and work on it. As the Ministry of Economy, we are constantly meeting with business incubators. We have decided that we should set up a Commission to coordinate their activities”.