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Three more enterprises want resident status at Azerbaijan's High Tech Park

ICT Materials 23 November 2017 19:59 (UTC +04:00)

Baku, Azerbaijan, Nov. 23

By Huseyn Valiyev – Trend:

Three more industrial enterprises have applied to get the resident's status with the High Tech Park of the Azerbaijan National Academy of Sciences (ANAS), Vugar Babayev, director of the High Tech Park, told Trend.

“Those enterprises’ appeals will be considered until late November at a meeting of the Expert Council of the High Tech Park,” he added. “If the appeals are approved, the enterprises will be entitled to develop their activity in the business incubation center.”

"In total, 12 projects were submitted for consideration, but three of them can be seen as real candidates,” he said. “We have already notified the rest of applicants that they do not meet the requirements. According to the main requirements, the projects must be innovative and export-oriented."

“The experimental-industrial plant of the Azerbaijan National Academy of Sciences (ANAS), the ANAS Science and Technology Park, Millers Oils Azerbaijan LLC. and Agro Bio Ecotech LLC., DN-Technologies and EPC Group have already obtained the resident statuses with the ANAS High Tech Park,” Babayev said.

The ANAS High Tech Park aims to support innovative ideas, fully implementing and selling them.

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