State Fund for Development of Information Technologies

The purposes of the Fund are the development of entrepreneurship in the field of ICT in the Republic of Azerbaijan

The State Fund for Development of İnformationTechnologies was established by the decree of the President of the Republic of Azerbaijan No.2095 dated 15 March 2012, it operates under the Ministry of Communications and High Technologies of the Republic of Azerbaijan and it is a state body that stimulates functions in the field of information and communication technologies, the innovations in this field, as well as provides financial support for the expansion of operative scientific researches. The Fund serves its functions in terms of the state and local self-governmental bodies, juridical people operating in the field of information and communication technologies, credit, financial and insurance institutions, associations which support the development of entrepreneurship, non-governmental and international organizations.