Organized by The Association of Small and Medium Business Entities and Clubs (KOBSKA), and officially partnered by “Azercosmos,” the “Center for Analysis and Coordination of the Fourth Industrial Revolution,” and the “Innovation Center,” under the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan. This event marks the first “iFest-Innovation and Technology” festival in our country. 

The primary goal of the project is to establish new connections between technology companies and young people, support the development of startups, facilitate their access to financial resources, and showcase innovative ideas. Notably, the festival is dedicated to COP29 hosted by our country, under the slogan “Green Technology for a Green World.” The event featured various engaging activities, startup presentations, investor meetings, exhibitions of technology companies, and entertaining shows.

The festival included two panel discussions: “Innovation of the Future: Trends and Strategies Shaping Technology” and “COP29 and Innovation: Innovative Solutions for a Sustainable Future.” Rashad Babayev, Head of the Sales Divison of SME atKapitalBank participated as a speaker in the first panel discussion.

It is worth noting that the “iFest-Innovation and Technology” festival is a series of events and is planned to be held in the coming years as well.

Kapital Bank, the country's first bank, is part of PASHA Holding. Kapital Bank has the largest service network in Azerbaijan with 119 branches and 53 departments all over the country. For more detailed information about the bank’s products and services, please refer to https://kapitalbank.az website, 196 Call Centre or the bank’s various social network pages. To apply for a consumer loan visit https://kbl.az/prgtk, for a Birbank installment card visit https://kbl.az/prcrc.