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The startup scene across Azerbaijan

Where startups are forming across Azerbaijan: the cities, accelerators and investors, and how you get close to them.

Capital
Baku
Region
Asia
Population
9,942,334
Currency
AZN
Fig. 1120 · Tar

Startup ecosystem standing

Where Azerbaijan ranks

Rankings that list Azerbaijan
RankingEditionPositionSince last editionTrustWhat it measures
Doing Business (Ease of Doing Business ranking)Doing Business 2020#34Down 9BBusiness Climate
Global Startup Ecosystem Index (countries)2025#74No prior editionBEcosystem, Activity, Finance, Business Climate
Global Innovation Index2025#94Up 1AInnovation, Competitiveness, Research, Talent
Positions come from each publisher's edition. Open a ranking for its method and trust notes, or an edition for the full list.

24 organizations with a profile

Who's based in Azerbaijan

Investors 12

SABAH.HUB logoInvestor

Fostering entrepreneurship and innovation in Sabah.

The 3 most prominent of 12. Browse all investors

Incubators 7

The 3 most prominent of 7. Browse all incubators

Accelerators 3

SUP.VC logoAccelerator

Accelerating startups in Azerbaijan and beyond.

LTC Innovation logoAccelerator

Fostering innovation and collaboration for startups.

Venture studios 2

Uniq Studio logoVenture studio

Transforming bold ideas into scalable companies.

Pick what describes you

Your way in

City guides

Cities in Azerbaijan

City

1,116,513 people

Questions about Azerbaijan

How does Azerbaijan rank as a startup ecosystem?

Its best position is #34 in Doing Business (Doing Business 2020). It appears in 3 published rankings; the table above lists each one.

How many startup investors are based in Azerbaijan?

12 investors based in Azerbaijan have a profile here, including Ministry of Economy of the Republic of Azerbaijan, Rəqəmsal İnkişaf və Nəqliyyat Nazirliyi - The Ministry of Digital Development and Transport and SABAH.HUB. The real number is higher.

Are there accelerators or incubators in Azerbaijan?

Yes. Azerbaijan has 3 accelerators, 7 incubators and 2 venture studios on record, including SUP.VC, Innoland Incubation & Acceleration Center and Social Innovation Lab (Sil.VC).

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