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Mid East Info
10-07-2025
- Business
- Mid East Info
Baku ID 2025 Concludes: Baku Becomes the Regional Hub for Innovation
On June 19–20, Baku successfully hosted the Baku ID 2025 Innovation Festival. This year's theme, The Regional Nexus, brought together leading entrepreneurs and technology leaders from the Caucasus, Central Asia, the Middle East, and North Africa, positioning Azerbaijan as the region's innovation hub. The festival was organized by Innovation Center with the support of the Ministry of Science and Education of Azerbaijan , SOCAR , PASHA Holding , and the Center for Analysis and Coordination of the Fourth Industrial Revolution (C4IR) . Over the course of two days, Baku ID brought together dozens of speakers, investors, and startup representatives from around the world, becoming a central platform for the innovation ecosystem through parallel sessions, panel discussions, and presentations. The event featured more than 200 startups, 32 investors, 21 partners, and attracted over 4,000 guests. The program stood out for its focus on artificial intelligence, technology, and innovation. The first day of the festival featured startup competitions and the University Demo Day , where students presented their innovative projects and competed for scholarships from ABB Tech Academy . Throughout the festival, key representatives from SOCAR , the Innovation and Digital Development Agency , and the Center for Analysis and Coordination of the Fourth Industrial Revolution (C4IR) shared their perspectives on corporate innovation, artificial intelligence, future workforce development, and building an innovation ecosystem. Three significant Memoranda of Understanding (MoUs) were also signed at the event, aimed at boosting Azerbaijan's startup and innovation sectors. The first MoU, between ARDVENTURE, and focuses on creating a 'Technology Ambassadors' network in major innovation hubs in the Turkic world to support startups' access to international markets. The following two memorandums were signed by with Galata Business Angels and Anbema Soft & Consulting . These collaborations are aimed at promoting international knowledge exchange in the fields of medical technologies, biotechnology, and innovative finance, as well as expanding access to promising global markets and attracting investments. Notable speakers included Kwame Yamgnane, CEO of Qwasar Silicon Valley , Rafael Salazar, Founder of G8 Ventures and Sendity , Igor Burattini, Founder of MentalUp , Hasan Eminov, CEO of ABB Innovation and Niall McNulty , technology innovation researcher at the University of Cambridge . Their discussions highlighted the importance of developing innovation ecosystems, collaborating with startups, and embracing digital transformation. In the startup showcase, local and international teams presented their products and ideas to investors, with many gaining entry into the group of promising startups for investment opportunities. Baku ID also hosted the Startup World Cup , a global competition led by Pegasus Tech Ventures . organized this event for the second time, with ' Clopos' emerging as the winner among eight finalists, earning the right to represent Azerbaijan in the Grand Finals in San Francisco. A total of 80 applications from six countries were received, with the selection process handled by an international jury. The event's closing ceremony, Nexus Awards , was a highlight, recognizing the best startups across 14 categories , with more than 8,000 votes cast. A total of 15 awards were presented, and more than 30 startups and companies received well-deserved recognition. Additionally, eight regional companies successfully completed fundraising rounds, securing over $4 million in investments from prominent funds. Baku ID , leaving a lasting impression with its showcased innovative ideas, technological advancements, and signed strategic partnerships, has once again confirmed the region's strong potential for continued growth. For more details, including the highlights, winners, and photo materials, visit the official website at , or follow Baku ID on Instagram , LinkedIn , and Facebook .


Arabian Post
09-07-2025
- Business
- Arabian Post
Baku ID 2025 Concludes: Baku Becomes the Regional Hub for Innovation
On June 19–20, Baku successfully hosted the Baku ID 2025 Innovation Festival. This year's theme, The Regional Nexus, brought together leading entrepreneurs and technology leaders from the Caucasus, Central Asia, the Middle East, and North Africa, positioning Azerbaijan as the region's innovation hub. The festival was organized by Innovation Center with the support of the Ministry of Science and Education of Azerbaijan, SOCAR, PASHA Holding, and the Center for Analysis and Coordination of the Fourth Industrial Revolution (C4IR). ADVERTISEMENT Over the course of two days, Baku ID brought together dozens of speakers, investors, and startup representatives from around the world, becoming a central platform for the innovation ecosystem through parallel sessions, panel discussions, and presentations. The event featured more than 200 startups, 32 investors, 21 partners, and attracted over 4,000 guests. The program stood out for its focus on artificial intelligence, technology, and innovation. The first day of the festival featured startup competitions and the University Demo Day, where students presented their innovative projects and competed for scholarships from ABB Tech Academy. Throughout the festival, key representatives from SOCAR, the Innovation and Digital Development Agency, and the Center for Analysis and Coordination of the Fourth Industrial Revolution (C4IR) shared their perspectives on corporate innovation, artificial intelligence, future workforce development, and building an innovation ecosystem. Three significant Memoranda of Understanding (MoUs) were also signed at the event, aimed at boosting Azerbaijan's startup and innovation sectors. The first MoU, between ARDVENTURE, and focuses on creating a 'Technology Ambassadors' network in major innovation hubs in the Turkic world to support startups' access to international markets. The following two memorandums were signed by with Galata Business Angels and Anbema Soft & Consulting. These collaborations are aimed at promoting international knowledge exchange in the fields of medical technologies, biotechnology, and innovative finance, as well as expanding access to promising global markets and attracting investments. Notable speakers included Kwame Yamgnane, CEO of Qwasar Silicon Valley, Rafael Salazar, Founder of G8 Ventures and Sendity, Igor Burattini, Founder of MentalUp, Hasan Eminov, CEO of ABB Innovation and Niall McNulty, technology innovation researcher at the University of Cambridge. Their discussions highlighted the importance of developing innovation ecosystems, collaborating with startups, and embracing digital transformation. In the startup showcase, local and international teams presented their products and ideas to investors, with many gaining entry into the group of promising startups for investment opportunities. Baku ID also hosted the Startup World Cup, a global competition led by Pegasus Tech Ventures. organized this event for the second time, with 'Clopos' emerging as the winner among eight finalists, earning the right to represent Azerbaijan in the Grand Finals in San Francisco. A total of 80 applications from six countries were received, with the selection process handled by an international jury. The event's closing ceremony, Nexus Awards, was a highlight, recognizing the best startups across 14 categories, with more than 8,000 votes cast. A total of 15 awards were presented, and more than 30 startups and companies received well-deserved recognition. Additionally, eight regional companies successfully completed fundraising rounds, securing over $4 million in investments from prominent funds. Baku ID, leaving a lasting impression with its showcased innovative ideas, technological advancements, and signed strategic partnerships, has once again confirmed the region's strong potential for continued growth. For more details, including the highlights, winners, and photo materials, visit the official website at or follow Baku ID on Instagram, LinkedIn and Facebook. Also published on Medium. Notice an issue? Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.


Khaleej Times
04-07-2025
- Business
- Khaleej Times
Baku ID 2025 concludes with city positioned as the regional hub for innovation
Baku successfully hosted the Baku ID 2025 Innovation Festival on June 19–20. This year's theme, The Regional Nexus, brought together leading entrepreneurs and technology leaders from the Caucasus, Central Asia, the Middle East, and North Africa, positioning Azerbaijan as the region's innovation hub. Over the course of two days, Baku ID brought together dozens of speakers, investors, and startup representatives from around the world, becoming a central platform for the innovation ecosystem through parallel sessions, panel discussions, and presentations. The event featured more than 200 startups, 32 investors, 21 partners, and attracted over 4,000 guests. The programme stood out for its focus on artificial intelligence, technology, and innovation. The first day of the festival featured startup competitions and the University Demo Day, where students presented their innovative projects and competed for scholarships from ABB Tech Academy. Throughout the festival, key representatives from SOCAR, the Innovation and Digital Development Agency, and the Center for Analysis and Coordination of the Fourth Industrial Revolution (C4IR) shared their perspectives on corporate innovation, artificial intelligence, future workforce development, and building an innovation ecosystem. Three significant Memoranda of Understanding (MoUs) were also signed at the event, aimed at boosting Azerbaijan's startup and innovation sectors. The first MoU took place between ARDVENTURE, and focusing on creating a 'Technology Ambassadors' network in major innovation hubs in the Turkic world to support startups' access to international markets. The following two memorandums were signed by with Galata Business Angels and Anbema Soft & Consulting. These collaborations are aimed at promoting international knowledge exchange in the fields of medical technologies, biotechnology, and innovative finance, as well as expanding access to promising global markets and attracting investments. Notable speakers included Kwame Yamgnane, CEO of Qwasar Silicon Valley; Rafael Salazar, founder of G8 Ventures and Sendity; Igor Burattini, founder of MentalUp; Hasan Eminov, CEO of ABB Innovation; and Niall McNulty, technology innovation researcher at the University of Cambridge. Their discussions highlighted the importance of developing innovation ecosystems, collaborating with startups, and embracing digital transformation. In the startup showcase, local and international teams presented their products and ideas to investors, with many gaining entries into the group of promising startups for investment opportunities. The festival was organised by Innovation Center with the support of the Ministry of Science and Education of Azerbaijan, SOCAR, PASHA Holding, and the Center for Analysis and Coordination of the Fourth Industrial Revolution (C4IR). Baku ID also hosted the Startup World Cup, a global competition led by Pegasus Tech Ventures. organised this event for the second time, with 'Clopos' emerging as the winner among eight finalists, earning the right to represent Azerbaijan in the Grand Finals in San Francisco. A total of 80 applications from six countries were received, with the selection process handled by an international jury. The event's closing ceremony, Nexus Awards, was a highlight, recognising the best startups across 14 categories, with more than 8,000 votes cast. A total of 15 awards were presented, and more than 30 startups and companies received well-deserved recognition. Additionally, eight regional companies successfully completed fundraising rounds, securing over $4 million in investments from prominent funds. Baku ID, leaving a lasting impression with its showcased innovative ideas, technological advancements, and signed strategic partnerships, has once again confirmed the region's strong potential for continued growth.


Euronews
01-07-2025
- Business
- Euronews
Azerbaijan embraces AI and smart grids for energy transformation
Azerbaijan's Center for the Fourth Industrial Revolution (C4IR) is deploying AI, IoT, and digital tools to transform energy systems. In this episode of Energy Frontiers, Executive Director Fariz Jafarov explains how technologies like predictive analytics and smart grids are helping reduce emissions, improve efficiency, and prepare for net-zero goals. Backed by national strategies, C4IR is training SMEs and aligning innovation with sustainable development. But challenges remain—from regulation to public readiness. By 2035, Azerbaijan envisions a digitized, human-centred economy powered by renewables and governed through data-led decision-making.


Hans India
14-06-2025
- Business
- Hans India
AP partners with WEF for energy centre in Amaravati
Vijayawada: In a significant move to establish Andhra Pradesh as a global hub for innovation and sustainable development, the state government partnered with the World Economic Forum (WEF) to launch 'WEF-AP Centre for Energy and Cyber Resilience' in Amaravati. This initiative aligns with the government's ambitious 'Swarna Andhra Vision 2047'. A Government Order issued on Thursday formalized the establishment of this centre, which will operate under the WEF's global Centre for the Fourth Industrial Revolution (C4IR) Network. Notably, it will be India's first thematic C4IR centre and will focus on two critical areas: energy transition and green industries in collaboration with WEF's Centre for Energy and Materials (CENMAT) and AI-led digital transformation and cyber security, in partnership with WEF's Centre for Cyber Security. This initiative stems from high-level meetings with the WEF in Davos and is poised to position Amaravati as India's leading center for green energy, sustainability, and cyber security. The project is being spearheaded by Chief Minister N Chandrababu Naidu and IT Minister Nara Lokesh, with the overarching goal of enhancing AP's international profile and attracting significant investments in clean energy, Artificial Intelligence, and digital infrastructure. The centre's key objectives include elevating AP's global standing, fostering international partnerships, supporting the growth of green industries, enhancing cyber security capabilities, and running pilot projects in clean energy, smart grids, and the application of AI in sectors such as agriculture and governance. Furthermore, it aims at upskilling the workforce in cyber security and emerging technologies and connecting the state with prominent global platforms like the WEF's annual meeting at Davos. The state government has allocated Rs 36 crore to support the Centre's operations for three years. It will initially function from Vijayawada or Amaravati and will be governed by a high-level committee chaired by IT Minister Nara Lokesh.