Startup Ecosystem

1. Course name: Research Methodology
Students: Vusal Suleymanlı, Zulfiyya Piriyeva
Course Manager: Bahram Atabayli
Baku - 2015

2. What’s startup ?
"Starting a company is like throwing yourself off the cliff and assembling an
airplane on the way down," REID HOFFMAN (Founder at Linkedin).

3. What’s startup ecosystem ?
* A startup ecosystem is formed by people, startups in their various
stages and various types of organizations in a location (physical or
virtual), interacting as a system to create new startup companies.

4.  What are the shortages of startups ecosystem at
Azerbaijan?
 Which problems how can be solve with
international models?

5. We combined qualitative and quantitative research
methods. So, our approach is if we implement
international well known models for the each stage
of startup processes, undoubtedly, we will achieve
better results and our startup ecosystem will develop
gradually.

6. Funding
o Seed Investment
o Venture Capital
o Crowdfunding
Production
o MVP
Co-working
o Incubator and Accelerators

12. At this research, we define the main problems of our startups
ecosystem and offer solutions which are acceptable in
international well developed ecosystems. In terms of financial
problems we offer for investor to do seed investments,
establish venture capital companies also make crowd funding
platforms. For economic production processes use lean startup
model, firstly make MVP. For overcoming to hard working ,
operations, sustainable growth, benefits from incubator and
accelerator co-working centers.