The winners of AccessBank's "From Business to Business" startup competition have been announced
The winners of the startup competition "From Us to Business" implemented by "AccessBank", which constantly provides innovative and accessible financial solutions to businesses in Azerbaijan, with the support of the Small and Medium Business Development Agency (KOBIA) have been announced.
The competition announced on October 24 received more than 500 applications within 1 month. Among the projects presented to the jury, 20 projects that met the criteria of innovation and creativity, sustainability and profitability were selected. In the second stage, 7 projects were selected and passed to the final.
According to the decision of the jury, the winner of the 1st place is Khayala Miriyeva, the author of the project for the production of "Climasel" cooling panels, the winner of the 2nd place is Rafig Mirzayev, the author of the project for the production of alternative protein and fat additives of animal origin by biological processing of agricultural and food waste, and the winner of the 3rd place is Fidan Alisoy, the author of the beeswax coatings production project.
The successful completion of the "From Us to Business" competition is an important event for us.
"We are proud to contribute to the development of the country's economy and support entrepreneurs to realize their business ideas. "AccessBank" always actively supports the development of businesses. We are sure that such initiatives open up new opportunities for businesses, and taking this into account, we are thinking of making the startup competition a tradition and holding it every year," said Davit Tsiklauri, Chairman of the Board of AccessBank.
According to the terms of the "From Us to Business" project, AccessBank awarded 25,000 AZN to the winner of the first place, 20,000 AZN to the winner of the second place, and 15,000 AZN to the winner of the third place. The winners can use the prize only in the form of non-cash settlement, and all bank transactions conducted within the country through "AccessBank" within a year are exempted from commission payments.
"AccessBank" has been serving small and medium businesses since 2002 as a leader in the microfinancing market of Azerbaijan. The bank's shareholders include international organizations and institutions such as the Asian Development Bank, the European Investment Bank, and the International Finance Corporation.
Source of the news: https://azertag.az/xeber/__accessbankin_bizden_biznese_startap_musabiqesinin_qalibleri_elan_olunub-3351983
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