The names of the winners of the grant competition, which was announced by the State Fund for Development of Information Technologies, have been revealed

The Supervisory Board of the State Fund for Development of Information Technologies under the Ministry of Communications and High Technologies of the Republic of Azerbaijan has held its next meeting.

During the meeting, a final decision on the projects that received positive feedback during the comprehensive evaluation phase of the next grant competition, which was announced on 1 July 2016, was made.       

A total of 121 projects relating to such areas as service development, infrastructure improvement, innovative solutions were presented to the grant competition.

After passing successfully the evaluation phase of the grant competition, 112 of these projects entered the comprehensive evaluation phase.  

61 out of these 112 projects received positive feedbacks during the comprehensive evaluation.

 Based on the results of voting by the members of the Supervisory Board, a decision was made to finance 29 of the 61 projects.    

The names of the winners of the grant competition and grant amounts allocated to them are given in the table below.   

Note that the total sum of the grants, which were allocated to the 29 projects by the decision of the Supervisory Board of the Fund, amounted to 395 000 AZN.