Issues related to the development of university-industry cooperation have been confirmed by a memorandum of cooperation between both parties. 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 emphasized how important such cooperation plays in the world experience. 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. Elbrus Isayev spoke about the long-term cooperation with the company. It was emphasized that business relations should be formalized and implemented within the framework of relevant laws. Vugar Abbasov, the founder of "Jahan" Holding and the chairman of the Nakhchivan Confederation of Entrepreneurs, touched on the important points of the continuous holding of such meetings and pointed out that the ongoing changes in the relations between universities and enterprises in the labor market have become an integral part of the reforms carried out in the society as a whole. It was noted that state bodies, non-governmental organizations, relevant departments and institutions should support our universities, and mutual cooperation should be carried out according to official rules. Vugar Abbasov drew attention to his proposals on the preparation of a joint action plan. In order to achieve greater achievements in the fields of education and industry, various projects and programs, as well as the integration of industrial experience and the academic potential of the university in order to achieve the development of research and innovations within the framework of cooperation with "Jahan Holding" in the Technopark that will be established at the university, are also planned at the meeting. The proposals of the representatives of the Nakhchivan Confederation of Entrepreneurs and Jahan Holding on cooperation were heard. 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 In the agreement, the issues of supporting the conduct of joint research by encouraging the development of start-up and spin-off projects by taking advantage of the existing opportunities in the industrial fields through the university's research centers and incubation programs, carrying out activities aimed at improving the material and technical base of the relevant specialties, and taking stimulating measures to support the motivation of students and their educational achievements. found the opposite. At the same time, the memorandum of cooperation included the goals of supporting mentoring programs and internship programs to achieve the connection of young researchers and students with industrial professionals and qualified specialists, to gain experience in the application of scientific achievements in industry. Elbrus Isayev presented the letter of thanks and gift to Vugar Abbasov on behalf of the university.
