Within the framework of the Innovation Summit “InMerge”, the Azerbaijan Investment Company, the Digital Innovation and Development Agency, “PASHA Innovation” and the Turkish company “DSM Grup Darışmanlık İletişim ve Satış Ticaret” signed a Joint Participation Agreement for the creation of “InMerge” Venture Fund worth 4 million dollars.
Oku.Az reports that the Minister of Economy of Azerbaijan Mikayil Jabbarov reported about this on his “X” account:
“The Fund’s activities will contribute to the economic growth of developing countries by providing equity investments to emerging companies in the Caucasus, Central Asia, Central and Eastern Europe, as well as the Middle East and North Africa regions.”
Today Innovation Summit “InMerge” (@inmerge_az) within the framework of the Azerbaijan Investment Company (@AIC_OJSC), Digital Innovation and Development Agency (@idda_azerbaijan), “PASHA Innovation” and the Turkish company “DSM Grup Danışmanlık İletişim ve Sales Ticaret” 4 million. $… pic.twitter.com/vjfAN0XGfg
– Mikayil Jabbarov (@MikayilJabbarov) October 10, 2024
