After the presentation of employees of Industrial ecology scientific-research laboratory of Sumgayit State University related to startup project “Effective device for obtaining natural fertilizer” in international conference “Economic reforms: Development and diversification of entrepreneurship”, Entrepreneurship Development Foundation of Ministry of Economy got acquainted with Startup project. Chief of the Department with Authorized credit organizations and entrepreneurs Isa Gasimov delivered speech about the announcement. According to the announcement, the startup project entitled “Effective device for obtaining natural fertilizer” registered in Foundation for Service to Entrepreneurs. It is worth to note that 37 startup projects were registered, 11 of them were chosen. Our start up project “Effective device for obtaining natural fertilizer” is among those projects.

On May 15, Incubation Center was instituted at Entrepreneurship Development Foundation of Ministry of Economy related with steady development of startup projects. In the opening ceremony of the Center chief of the Department with Authorized credit organizations and entrepreneurs Isa Gasimov presented their offices to the managers of winner projects.

On May 21, startup teams demonstrated their projects to experts of Ministry in Entrepreneurship Development Foundation. Our project caused great interest, so the Foundation noted that they would collaborate within the project.