On June 19, 2020, Khazar University Development Center met with Azerbaijan State University of Oil and Industry via Zoom platform to prepare for a virtual country conference entitled “Universities and Companies: Challenges and Prospects in Partnership” to be held within the framework of the UniLab project. Raziya Isayeva, Director of the Development Center at Khazar University, Dr. Fakhranda Alimardanova, Vice Dean of the School of Sciences and Engineering, Ulkar Bayramova, Director of Teaching and Learning Centre, and Fakhraddin Abdullayev, Head of the Career Center, joined the meeting. The purpose of the virtual meeting was to discuss the progress of preparations, the challenges and the arrangements done regarding the agenda of the conference. The meeting also identified forthcoming works and decided to hold a test meeting on a virtual platform before the conference.