BAKU, Azerbaijan, September 29. As part of the
INMerge summit in Baku, a founding agreement was signed between
venture capital fund White Hill Capital and the Innovation and
Digital Development Agency (İRİA) to establish a new venture
capital investment company, Trend reports.
The agreement aims to expand the venture capital ecosystem in
Azerbaijan and support the integration of local startups into
international markets.
As part of the signing, successful projects implemented with the
support of White Hill Capital were also presented.