On December 11, 2024, a Memorandum of Understanding (MoU) was signed between the Education Development Fund (EDF)and the High Technology Park (HTP).

The signing ceremony was attended by HTP’s General Director, Nihat Majidov, Chairman of EDF’s Board of Directors, Elnur Nasibov, and delegations from both organizations.

This MoU aims to strengthen connections among researchers, higher education institutions, research institutes, and industry partners, establishing a framework for collaboration in technology transfer, innovation, and commercialization.

During the meeting, the parties discussed potential project proposals to enhance the innovation ecosystem in Azerbaijan.