In order to ensure innovation, economic development and social progress in the rapidly changing modern world, to prepare personnel who meet the requirements of the labor market by acquiring theoretical knowledge as well as practical knowledge and skills. University-Business Cooperation has become a necessity. These collaborations combine the unique strengths of both parties: universities provide research and studies, professional graduates and theoretical expert knowledge, while business contributes to the common activity with practical experience, real problems, financial support and employment opportunities. The main goal is to bridge the gap between the university and the business sector by aligning education and research with economic and social needs.
Azerbaijan State University of Economics with "BERC&Partners". (UNEC) signed a memorandum within the University-Business Cooperation project. In this Memorandum, the joint activities to be carried out by UNEC and "BERC&Partners" have been agreed, especially the action plan covering the following directions.
- Implementation of joint activities, coordination of incubation and acceleration activities between "BERC&Partners" and UNEC for the development and support of Startup building activities;
- Organization and implementation of training and service activities in corporate and individual direction together with UNEC Lifelong Education Center;
- Implementation of joint research projects, organization of conferences, trainings and seminars;
- Involvement of UNEC students in internship programs at "BERC&Partners" and partner companies and projects;
- By mutual agreement, the involvement of "BERC&Partners" specialist and training staff as guest teachers in the educational activities of UNEC;
- Holding "Career days" at UNEC in order to inform students about the activities of "BERC&Partners" and the current personnel demand;