Winners of Investment Fund at 25,500 Manat

On the eve of the NEW Generation 2.0 project closing ceremony (“New Generation”), carried out with the main support for the Coca-Cola Foundation in partnership with the Ministry of Youth and Sports, winners were identified.

First place was awarded to the YooChamp team (10,000 AZN), the second place – the GreenBomb command (7,000 AZN), the third – Buta team (5,000 AZN). As an incentive criterion, the fourth place was assigned to the Bonpini team (2,000 AZN), the fifth team Hamsa-Recyling (1,500 AZN).

In a project covering five stages, 3,500 young people from Baku, Apsheron-Gobustan, Ganja Gazakh, Sheki-Zakalvalsky, Sabirabad and Lenkran districts took part in the project.

The New Generation 2.0 project covers Horeca (hotels, restaurants, food organization), innovative startups, digitalization and agriculture. The project conducted trainings and events on topics such as entrepreneurship training, creating an innovative ecosystem, creating business ideas. During the project, in addition to the mentor support of the participants, the Investment Fund award was established.

20 finalist teams presented their projects at the closing ceremony of the project ongoing one year. The decision of the jury was awarded five teams.

In the closure ceremony, Deputy Minister of Youth and Sports of the Azerbaijan Republic of Indira Hajiyev, Chairman of the Board of the Development Agency of Small and Medium-sized Business Orhan Mamedov, Director of Public Relations and Communications on the Cocazis and Central Asia of Coca-Cola Elshad Farzaliyev, Deputies of Milli Majlis Shahin Seidzade, Vugar Bayramov, Vugar Iskenderov, other officials.

After the entrance speech of the manager of the Center for Entrepreneurship and Business Incubation Youth Inc. Talifes of St.Derley officials also expressed their opinion about the project, at the same time emphasizing the importance of entrepreneurship ideology for the new generation.

In the end of the ceremony, reporting videos of the New Generation 2.0 project were presented and the Youth Inc Business Incubation Center of the Youth Inc.

New Generation 2.0 project was carried out by the Center for Entrepreneurship and Business Incubation Youth Inc. With the support of the Ministry of Youth and Sports of Azerbaijan, Coca-Cola, the United States Agency for International Development and Partnership with the Agency for Small and Medium Business.