Azerbaijan’s Innovation and Digital Development Agency has undergone a significant transformation. The agency’s name has been changed to reflect its expanded focus on digital development, now operating under the Ministry of Digital Development and Transport. This change is part of a broader effort to enhance the country’s digital landscape. The agency’s new regulations have also been approved, outlining the use of funds for investments, loans, and grants.
The agency’s funds will be utilized to support innovation and digital development projects, driving growth and progress in Azerbaijan. The new regulations provide a framework for the agency’s operations, ensuring transparency and accountability. By supporting digital development, Azerbaijan aims to enhance its competitiveness and improve the lives of its citizens.
