On July 23, 2024, Baku held IFest, the Innovation and Technology Festival. KOBSKA is short for the Association of Small and Medium Business Entities and Clubs. They organized the event. Kapital Bank was the main sponsor. This lively event focused on helping tech companies and startups. It aimed to boost their access to funding and showcase new solutions.
The theme “Green Technology for a Green World” ties iFest to the COP29 Climate Conference. Azerbaijan will host this important event in November. The festival gathered a variety of participants. This included tech companies, MVP-stage startups, and local and international venture funds. Angel investors also joined in.
SkyBee’s public debut at IFest.
A highlight at iFest was the introduction of the SkyBee drone system. This innovative technology is set to transform agriculture. SkyBee drones tackle the problem of fewer natural pollinators. They are leading a new age of precise pollination.
SkyBee drones use smart aerial tech to mimic bees. This helps pollinate many types of crops with great efficiency. This innovation can boost crop yields a lot and help sustainable farming. It is especially useful in areas facing climate change and biodiversity loss.
The role of IFest in supporting innovation.
iFest is a key platform for developing and promoting new technologies. The festival draws in green tech fans, investors, and industry leaders. This boosts startup growth and highlights Azerbaijan’s role as a tech hub.
SkyBee at iFest shows how Azerbaijani startups are taking on global challenges. They focus on areas like agriculture and sustainability. SkyBee’s journey benefits from events like iFest. These events offer the exposure and partnerships needed to grow impactful solutions.
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