Today, the Teknofest festival has started in Azerbaijan. ABV Bank acts as the main organizer of the startup of the Take Off Baku summit, planned as part of the festival. The Bank of the ABV, using the capabilities of its innovative center, took part in attracting startups that have access to global markets and in attracting foreign and local investors. As part of the summit, meetings with investors, companies and foreign mentors, as well as various presentations and awarding of startups, will be organized.
The Teknofest festival has been held since 2018 with the joint organization of the Ministry of Industry and Technology of Turkey and the Turkish Technological Technological team (T3 Foundation), which is headed by the technical director of Baykar Makina Selchuk Bayractar. It should also be noted that more than 60 Turkish state institutions, universities and private companies act as partners of this event. The Teknofest festival is designed to create a wide range of opportunities for schoolchildren, students, startups and entrepreneurs. Startups who took the first 3 places in the competition will receive financial support in the amount of 15,000 USD, 10,000 USD and 5,000 USD.