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Azerbaijani startups were presented to investors in Austria

Cəmil Hüseynzadə
11 March 2024 19:45
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Azerbaijani startups were presented to investors in Austria

With the support of the Ministry of Culture of the Republic of Azerbaijan and the organization of "SUP VC" company, 6 startup teams visited Vienna, Austria for the purpose of exchanging experience.

The teams in question were selected as winners within the "CulTech Incubation Program", which provides programming courses for the digitization of cultural heritage and tries to find solutions to problems in the field of culture.

The practice visit was organized in order to create incentive mechanisms aimed at expanding the export opportunities of Cultural Creative Industries (CCI) in connection with the implementation of the relevant clause of the Action Plan of the "Socio-economic Development Strategy of the Republic of Azerbaijan in 2022-2026".

The 3-day visit covered March 3-5. During the visit, the participants visited the Austrian Chamber of Commerce and met with the head of the Startups Department. Then there was an introduction to the Austrian Startup House. Guests also had the opportunity to get more detailed information about the Austrian Startup Ecosystem.

The next day, a tour was organized to the office of the Austrian startup "Artivive", one of the successful startups in the "CulTech" field, where 6 teams representing our country presented their projects to Austrian investors and ecosystem players.

As a result, investors were closely interested in 2 startups and expressed their desire to cooperate in the future.

At the same time, the "Austrian Culttech Association" made suggestions about the possibility of mutual exchange programs in the future.

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