On November 8, an event was held at the Azerbaijan State University of Economics to inform researchers, teachers and students about the Innovation Competition jointly announced by the Ministry of Economy and the Azerbaijan Delegation to the UN.

At the event, the head of the Department of Sustainable Development of the Ministry of Economy Huseyn Huseynov noted that innovation is of great importance in terms of ensuring dynamic and sustainable development of the economy, increasing its competitiveness and export potential, as well as strengthening environmental protection. It was reported that the innovation competition promotes the goals of the UN Agenda for Sustainable Development until 2030, encourages innovation, and also supports the implementation of the "Azerbaijan 2020: Vision of the Future" Development Concept and the "Strategic Roadmap for the production of consumer goods at the level of small and medium enterprises". announced for the purpose.

At the event, Director of Science and Innovation Center of Azerbaijan State University of Economics, Sakit Yagubov, and Head of Department of the State Agency for Service to Citizens and Social Innovations under the President of the Republic of Azerbaijan, Jeyhun Salmanov, spoke about the importance of innovations and their importance for innovative activities.
Elnur Ibrahimov, an employee of the Sustainable Development Department of the Ministry of Economy, made a presentation on the purpose and conditions of the innovation competition.

Then the proposals of the participants were heard and their questions were answered.