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The Ministry of Economy will provide acceleration services

Cəmil Hüseynzadə
19 February 2025 10:40
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The Ministry of Economy will provide acceleration services

A Letter of Intent on the Accelerator Platform was signed between the Minister of Economy Mikayil Jabbarov and the Managing Director of the World Economic Forum (WEF) Mirek Dušek in a videoconference format.

Minister of Economy Mikayil Jabbarov met with the Managing Director of the World Economic Forum (WEF) Mirek Dušek in a videoconference format. It was emphasized during the meeting that fruitful cooperation relations have been established between Azerbaijan and the WEF, and that our country actively participates in a number of initiatives of the Forum. Within the framework of the cooperation, steps taken in our country towards digital transformation, innovation and technology were noted. An exchange of views was held on the prospects and potential opportunities of the partnership.

An online signing ceremony of the Letter of Intent on the Accelerator Platform was held between the WEF and the Ministry of Economy within the framework of the meeting. According to the Letter of Intent, the WEF, together with the Ministry of Economy, will bring together representatives of the public and private sectors and support initiatives related to Azerbaijan's connection to the global knowledge and exchange network. This initiative aims to create new opportunities in the field of innovation and skills development and contribute to the development of a modern skills ecosystem.

It was noted that the Skills Accelerator Platform will offer solutions for human capital development in a rapidly changing economy and stimulate public-private cooperation.

Note: The World Economic Forum Accelerator Platform is a national-level public-private cooperation platform operating for the purpose of inclusive development. Currently operating in 40 countries, the World Economic Forum Accelerator Platforms foster collaboration across sectors, shape skills that meet labor market requirements, and scale up the use of innovative solutions. Accelerators have the opportunity to benefit from the potential of a number of WEF platforms.

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