Smart Solutions: Guiding Start-Up Teams through Social and Economic Impact and MVP Strategies

NEWS

13 June, 2025International Scientific Conference on "Ottoman Prisoners in Azerbaijan during World War I (Nargin and Azerbaijani Society's Aid to Prisoners)"

12 June, 2025Khazar University Launches "From Natural Intelligence to Artificial Intelligence" Seminar Series

10 June, 2025Meeting of Turkish Minister with Faculty and Students at Khazar University

04 June, 2025Prof. Acad. Hamlet Isakhanli at the Seminar of the Institute of Mathematics and Mechanics of the Ministry of Science and Education of Azerbaijan

31 May, 2025"Khazar University Forum" Held

31 May, 2025"Food Fair" Charity Market

30 May, 2025"Sustainable City Project" Multidisciplinary Spatial Planning Training

26 May, 2025World Day for Cultural Diversity Celebrated at Khazar University

21 May, 2025Khazar University Representatives Participate in 7th International Turkic World Tourism Conference at EMU

18 June, 2025Khazar University Achieves High Ranking in "Times Higher Education Impact Rankings 2025"

Smart Solutions: Guiding Start-Up Teams through Social and Economic Impact and MVP Strategies

On the fourth day of the Innovation and Digital Development Agency (IDDA) financed training program at Khazar University, the entrepreneurial journey continued with a deep dive into critical topics - Social and Economic Impact, and Minimum Viable Product (MVP) in December 6, 2023.

The day commenced with a thought-provoking examination of Social and Economic Impact. Trainer Shafa Karimova prompted participants to reflect on the profound influence businesses can wield on societies and economies. Through engaging discussions and case studies, start-up teams gained insights into how their ventures could contribute positively to both societal well-being and economic growth. The session set the stage for a holistic approach to entrepreneurship, urging participants to consider the broader consequences of their initiatives.

Following this impactful session, the training seamlessly transitioned into the strategic realm of Minimum Viable Product (MVP). Shafa Karimova shared invaluable strategies and methodologies for effectively developing and testing MVPs. Start-up teams were immersed in the principles of iterative development and rapid prototyping, empowering them to create products that address fundamental customer needs efficiently. Practical exercises allowed participants to apply these principles hands-on, refining their understanding of the pivotal MVP concept.

The highlight of the day was the intersection of social impact and MVP strategies, as start-ups explored how their Minimum Viable Products could serve as catalysts for positive societal change. Shafa Karimova provided guidance on aligning business objectives with social goals, illustrating the potential for ventures to create both economic value and meaningful impact.

As the fourth day concluded, the entrepreneurial spirit at Khazar University continued to thrive. Start-up teams now possessed a nuanced understanding of the social and economic dimensions of their endeavors, coupled with practical insights into designing effective Minimum Viable Products.

Stay tuned for more updates on the dynamic and insightful training sessions at Khazar University.