MIT has teamed up Socar-AQS to fund app-based technologies originating from the entrepreneurship ecosystem of Ada University.
Massachusetts Institute of Technology (MIT) has partnered oil drilling and services provider Socar AQS to launch a fund supporting the newly created MIT-Azerbaijan Global Startup Labs incubator.
The MIT-Azerbaijan Fund will be managed by MIT’s International Science and Technology Initiatives department, which will select participants. The incubator, which aims to nurture app-based technologies from Azerbaijan, is due to begin in summer 2018 under the administration of Ada University.
The Global Startup Labs incubator will culminate in an investor and demo…
