Baku: The New Silicon Valley of the Caspian

By Ziya Mammadov | Published on 8 October 2024 | 3895 Views

Baku is fast becoming a leading tech hub in the Caspian region, with a growing number of startups and tech companies calling the city home. The government’s initiatives to support innovation, such as tax breaks for tech companies and startup accelerators, have created a thriving ecosystem for entrepreneurs. The city's modern infrastructure, proximity to Europe and Asia, and access to a growing digital economy make it an attractive destination for tech talent and investors alike. Baku is steadily positioning itself as the Silicon Valley of the Caspian, paving the way for a vibrant digital economy.