Anar Alizade

Businessman & entrepreneur, CEO & Founder of Union Grand Energy PTE Ltd

BBF: New Steps in the New Year

Being engaged in the implementation of projects since their commencement, the Baku Business Factory (BBF) has carried out a number of significant and memorable works to support startups in 2017. Of course, our main purpose is growing every year and the works to be realized are diversifying and developing simultaneously. At the beginning of the new 2018 year, I would like to share with you the new targets as well as the projects that have been launched so far by Baku Business Factory.

Read more

Create your business model from zero: Determination is the first success

We always do research while building a business. Naturally, I mean business-spirited people. There are also people who try to start business without doing any research, and most of the time, it results in a failure. However, my goal in this article is not related to the significance and methods of research. It is more related to how we evaluate the results we have gained. To ensure the success of each business, first, we create its business model. The most difficult part for this is to find a...

Read more

Decision-making ability in business world

We all take a lot of decisions during our life. These decisions affect ourselves, our life, family, friends, business world, companies, in some cases our country, even the world. Sometimes we take them thoughtlessly. But our analytical thinking, experience, knowledge, courage and risk identification skills are the values that direct our decision-making. Famous American management professor Noel Tichy says that perfect decisions are not made by a chance. We also share this idea. In this articl...

Read more

BBF expands relations with foreign partners

As I underlined in my previous article, to achieve development of national startups, it’s important to provide them with access to international market. For this, that’s to say, in order to create opportunities for startups to enter an international market, ‘Baku Business Factory’ (BBF) decided to expand its relations with international partners. For this purpose, during last two months BBF has hosted meetings with number of international organizations, influential com...

Read more

Baku Business Factory expands ties with British companies

Baku Business Factory (BBF) has today hosted a meeting with representatives of the British Embassy to Azerbaijan. Director of the Baku Business Factory Alovsat Muslumov, employees of the I...

Read more

From small business to great expectations

We already observe significant changes in the development of non-oil sector in our country. In my previous paper, I have shared my thoughts on export directions of non-oil sector, as well as the works, carried out by us in this field. Now I would like to direct your attention to another issue, which I consider important. This is related with changing business environment and application of innovations. Here, I will share with you my thoughts about changes in the business environment and the m...

Read more

Measures taken to strenghten the export potential of Azerbaijan

Export’s significance for prosperity of the economy and general welfare of the people is obvious and we once again witnessed it when oil prices dropped. We partially could overcome these difficulties due to the state policy, pursued earlier. As Mr. President has emphasized, the only way to deal with this kind of difficulties and not face them again in the future is to diversify the export-oriented economy. In recent years, the state has carried out serious work in this field and, in par...

Read more

Baku Business Factory celebrates 1st anniversary

Baku Business Factory, which was founded by me on May 4 last year, celebrates the 1st anniversary. During a year, our factory has made contributions to the development of ecosystem by startups, freelancers and closely cooperating other organizations, operating in this ecosystem Generally, BBF has received about 550 appeals within a year. The projects and freelancers, which have been selected among these appeals, got support to build and develop their businesses using BBF services. Currently,...

Read more

Baku Business Factory supports business types in various sectors (VIDEO)

One of my main purposes in establishment of Baku Business Factory was to contribute to the diversification of our economy by supporting newly formed business sectors. Just for this reason, while choosing business projects for support programs, we give importance not only to their distinction among rival organizations, but also among themselves. In this way, we achieve both contribution of BBF projects to the mutual development using each other’s services and formation of model companies...

Read more

Baku Business Factory keeps holding events on improving business skills of young initiators

‘Baku Business Factory’ business incubation center, founded by me in May of last year, continues operating on improving business skills of young people. Thus, the next step in achieving this goal is to start organizing business-oriented seminars on a regular basis for young initiators in the center. Considering these seminars’ significance in educating young people and their serious interest in seminars, we have made these events open not only for BBF member startups and fre...

Read more