Nakhchivan State University focuses on university-industry cooperation. For this purpose, the foundation of the next cooperation was laid in the higher education institution. At the meeting held for this purpose, Rector of Nakhchivan State University Elbrus Isayev welcomed the guests, noted the future prospects of such meetings for both sides, and highlighted the prospects of such cooperation in the world experience for both sides. The Rector drew attention to the fact that such cooperation is of particular importance in the ranking of the higher educational institution, its place among the prestigious universities, and its evaluation. Fuad Alizadeh, the director of the newly established "APF Group" Limited Liability Company, noted that the company he operates is distinguished by its multi-profile nature and covers 4 main areas: construction, agriculture, hotel and food sectors. The main mission of the group of companies is to contribute to meeting the growing investment demand in our country by making thoughtful investments in the non-oil sector of the economy, promoting the application of modern technology and innovative solutions, and the concept of customer-oriented service. In order to achieve greater achievements in the fields of education and industry, various projects and programs were planned at the meeting, as well as the integration of industrial experience and academic potential of the university in order to achieve the development of research and innovations within the framework of cooperation with "APF Group" Limited Liability Company in the Technopark to be established at the university. Then, taking into account the prospects of bilateral cooperation, a mutual cooperation agreement supporting the innovative development of Nakhchivan State University was signed. It should be noted that this cooperation supports the creation of results-based university-industry cooperation in accordance with the accreditation rules, increases and improves the level of personnel training in higher education through research, training, innovation, technological development and capacity building, and the creation of various cooperation initiatives in order to support the sustainable development of regions. was created in order to create a mechanism and provide means for Elbrus Isayev presented the letter of thanks to Fuad Alizade on behalf of the university.