(MENAFN - AzerNews) By Ayya Lmahamad Azerbaijan has launched a new program aimed to form an innovative startup ecosystem and infrastructure in the country's economy amid the rapid development of technologies. The opening ceremony of the 'Azerbaijan 500 ASAN Startup program was held in the videoconference format on February 15. During the ceremony, it was noted that this program will help increase the knowledge and skills of local startups and their access to investors. Minister of Transport, Communications and High Technologies Rashad Nabiyev emphasized the success of startups in the country and the importance of sustainable infrastructure and access to foreign investment for ecosystem development. He added that the next successful step will be the cooperation with 500 Startups, which plays an important role in this sphere.