While the startup movement gains speed all over the world, no surprise that even the smallest countries try to follow this trend. Azerbaijan is one of the post-USSR countries, where the economy is now developing in the direction of the knowledge-based industries. Not only the private sector of Azerbaijani business is interested in progress, the government also encourages innovations. In two years, they opened 8 incubators to provide mentorship and financial support to the local startup projects, 30 of which are being actively developed these days. Not to mention the modern facilities provided by Azerbaijani High-Tech Park and the opening of Code Academy.
It may come to someone’s surprise, but there are several Azerbaijani startups already well known abroad. Thus NoObs startup team from Azerbaijan was among the finalists in Microsoft Imagine Cup 2015, presenting the project named “Spinal”. “Spinal” is targeted at people suffering from the violation of posture; it helps to overcome the consequences of wrong spinal position and tackle the bad habit of slouching using special sensors integrated with a mobile phone.
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