BBF and World Bank Country Manager discuss start-up culture and business incubation in Azerbaijan

Baku. 12 July. REPORT.AZ/ World Bank's Country Manager for Azerbaijan Office Naveed Hassan Naqvi has visited office of the Baku Business Factory (BBF) and familiarized himself with conditions created here.

Report informs, Naveed Hassan Naqvi has met with Board member of the Baku Business Factory Anar Askerov. During the meeting, World Bank's Country Manager on Azerbaijan was given information about start-up projects supported by Baku Business Factory.

Naveed Hassan Naqvi and Anar Askerov discussed directions of future cooperation between the BBF and World Bank.

Notably, Baku Business Factory was established in May 2015 with the initiative of Azerbaijani businessman, founder of the "Union Grand Energy PTE" group of companies Anar Alizade. Main purpose of the BBF is to support young people with perspective business ideas at the initial stage and create conditions for the fast implementation of the projects.