"Sabah Lab" Incubation Center starts its activity

“Sabah Lab” Incubation Center has been opened at the Institute of Education with the support of the Ministry of Education of the Republic of Azerbaijan. The activities of the center will support startups aimed at creating and developing innovative companies in various sectors of the economy.

The main purpose of the center is to create a sustainable ecosystem around young entrepreneurs in order to stimulate the development of companies that will meet the demand for services and products in local and foreign markets. The educational program will be implemented in close cooperation with higher education institutions, government agencies and various large and small companies in local and international markets.

The center's unique and proven educational program is designed in collaboration with the IE Business School, Europe's number one school of innovation and entrepreneurship. The curriculum includes several professors and industry leaders from local and international universities (Stanford, Massachusetts Institute of Technology, UC Berkeley, IE Business School).

At the new center, participants in the proposed program will be selected through an online application process, at the end of which 30-40 participants (10 teams) will be identified. The IE Business School will support the selection process. Participants can join the program even without generated startup ideas. The program is open to both individuals and formed startup teams.

It should be noted that the presentation of the center in higher education institutions will begin in the coming days, and more information will be made available to the public.