"Startup Wise Guys Global Pre-revenue Program" was implemented for the first time in Azerbaijan in the region with the initiative of IRIA and the sponsorship of "PASHA Holding". In order to show the uniqueness of the ecosystem, its place in the region and its global image, several foreign startups participated in this program along with local startups.
The 10 best start-ups participating in the closing ceremony of the program had the opportunity to present their projects to investors. The mentioned startups were evaluated by a 5-member jury composed of representatives of IRIA, "PASHA Holding", "LTC Innovation", "Sabah.Hub" and "Wise Guys", and the best 4 startups selected by them were "Sabah. acceleration" and "LTC Global". They were directly admitted to the Acceleration" program.
It should be noted that during the 2 cohorts, a total of 30 startups participated in the program. They gained practical knowledge on how to create a sustainable revenue model, which is one of the biggest problems faced by startups in the local ecosystem, and successfully completed training for the acceleration program.
