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IDDA: Innovation infrastructure is one of our main areas of activity

Farid Osmanov, Chairman of the Board of the Innovation and Digital Development Agency (IDDA)

01 October 2025 13:21 (UTC +04:00)

As the Innovation and Digital Development Agency, we are continuously implementing measures aimed at building the innovation ecosystem in the country, said Farid Osmanov, Chairman of the Board of the Innovation and Digital Development Agency (IDDA), APA-Economics reports.

According to him, one of the key elements in the development of the innovation ecosystem is precisely the increased access of startups to financial resources, the expansion of opportunities to enter foreign markets, the formation of innovative thinking, the establishment of innovation infrastructure, as well as the development of human capital.

The Chairman of IDDA added that the main goal is to make the innovation ecosystem accessible across all regions of the country:

“We believe that this center established within Nakhchivan State University will open up new opportunities not only for Nakhchivan, but also for all universities and business communities across the country. Joint efforts to develop the startup environment will continue in the future as well.”