Memorandum of Understanding: A Strategic Partnership between Enterprise Azerbaijan and Licorne Gulf Qatar

17.09.2025 / 15:41

MOU between Entreprise Azerbaijan and Licorne Gulf Holding

A Memorandum of Understanding (MoU) has been signed between the “Enterprise Azerbaijan” portal, operated by the Center for Analysis of Economic Reforms and Communication (CAERC), and the company “Licorne Gulf Qatar.” This partnership aims to foster innovation and growth in the startup ecosystem.

Objectives of the MoU

The memorandum envisions supporting startups in accessing international investment sources. It promotes the application of green technologies and digital solutions. Additionally, it focuses on developing innovation and entrepreneurship ecosystems. The MoU also aims to implement joint initiatives and expand opportunities for strategic partnerships.

MOU signature at Entreprise Azerbaijan

The MoU was signed by Isa Gasimov, Head of the “Enterprise Azerbaijan” portal operated by CAERC, and Irina Duisimbekova, President and Co-founder of “Licorne Gulf Qatar.” This collaboration is a significant step towards enhancing the investment landscape in Azerbaijan.

The Role of Enterprise Azerbaijan

The “Enterprise Azerbaijan” portal was established by the Decree of the President of the Republic of Azerbaijan, Ilham Aliyev, dated September 19, 2018. Its main objective is to increase the country’s investment attractiveness. The portal aims to create opportunities for using alternative financing sources for economic development.

By partnering with Licorne Gulf Qatar, Enterprise Azerbaijan seeks to leverage international expertise and resources. This collaboration will enhance the capabilities of local startups, enabling them to thrive in a competitive market.

Licorne Gulf Qatar: A Leader in Investment

“Licorne Gulf Qatar” is part of “Licorne Gulf Holding.” Operating for 27 years in Saudi Arabia, Bahrain, and Qatar, “Licorne Gulf” is known for its significant financial contributions to European football. The company also invests in industrial projects across the Gulf region. Under the leadership of Irina Duisimbekova and Alexandre Katrangi, Licorne Gulf has established itself as a key player in the investment sector.

These projects are implemented in partnership with “CAC40” and “Fortune 500” companies. The holding is renowned for its influence among royal families and prominent family businesses. It facilitates large-scale operations through complex networks and strategic alliances.

The Importance of Strategic Partnerships

Strategic partnerships are essential for fostering growth and innovation. They provide access to new markets and resources. By collaborating with established entities, startups can gain valuable insights and support. This MoU exemplifies how partnerships can drive economic development and create a thriving entrepreneurial ecosystem.

In today’s fast-paced business environment, the ability to adapt and innovate is crucial. Startups must leverage every opportunity to secure funding and resources. The collaboration between Enterprise Azerbaijan and Licorne Gulf Qatar is a testament to the power of strategic alliances in achieving sustainable growth.

Conclusion

The signing of this MoU marks a significant milestone for both Enterprise Azerbaijan and Licorne Gulf Qatar. It underscores the commitment to supporting startups and fostering innovation. By working together, they can create a robust ecosystem that encourages entrepreneurship and attracts investment.

As visionary entrepreneurs, we must seize opportunities like this to scale our operations strategically. The future is bright for those willing to embrace collaboration and innovation.

Source: Enterprise Azerbaijan