A memorandum was signed with Baku Engineering University
The fast-moving global economy and the shifting demands of the labour market make it essential that young professionals are equipped not only with academic knowledge but also with real working experience and practical skills. In this context, strengthening University–Business cooperation matters greatly: the research capacity and theoretical base of universities combine with the practical experience, funding and employment opportunities of business — and with its ability to create genuine demand for labour — to produce new value. The aim of this cooperation is to build a bridge that closes the gap between universities and business by aligning education and research with economic and social needs.
A memorandum was signed between “BERC&Partners” and Baku Engineering University under the University–Business Cooperation project. The memorandum sets out the joint activities of Baku Engineering University (BEU) and “BERC&Partners”, together with an action plan covering the following areas in particular:
- Creating and developing business projects, in particular those arising from the incubation and acceleration activities supported by the University, the financial institution and the management operator;
- Carrying out innovation activities jointly with the University in education, research and technology development;
- Involving Baku Engineering University students in various internship programmes at “BERC&Partners” or in its portfolio projects;
- Inviting, by mutual agreement, the specialists and trainers of “BERC&Partners” to take part in the teaching activities of Baku Engineering University as guest lecturers;
- Holding “Career Days” at Baku Engineering University to inform students about the work of “BERC&Partners” and its current staffing needs.
The project is managed by the “University–Business Cooperation Centre” operating within “BERC&Partners” (UBƏM). UBƏM is a project management and research centre that builds links between academic institutions and the business sector, organises and manages the joint delivery of projects that identify or solve the real problems and needs of society and the economy, and develops funding models for those projects.