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Turkey, Azerbaijan ink deal on technology cooperation

Turkey, Azerbaijan ink deal on technology cooperation

Azerbaijan’s Innovation Agency on Tuesday has reported on signing a deal with the Turkish Teknopark Istanbul. The sides have signed a memorandum of understanding for cooperation in the field of high tech, YeniSafak has learned.

Bilal Topcu, the head of Teknopark Istanbul, clarified the know-how in high-tech and deep entrepreneurship will be transferred to Azerbaijan as part of the agreement.

The deal signed to make Karabakh region a high-tech centre includes incubation, acceleration and technology transfer programs to increase the level of technical knowledge in the region and to train young professionals.

In the future, high-level meetings are planned between Technopark Istanbul and Azerbaijan’s Innovation Agency. The discussions will be aimed to clarify the details of the agreement and the steps to be taken.

Established in 1987, the Turkish Tenkopark Istanbul used to support research and development activities inside the country. The centre supports innovation and technological production, creates an ecosystem by triggering entrepreneurship and the national economy.