SOCAR Stated Their Readiness to Cooperate with Startups that Have a Ready Product## Responses from Human and Assistant

The State Oil Company of Azerbaijan (SOCAR) does not consider direct investment in startups as its main goal, but is open to cooperation with projects that already have a finished product.

As BAKU.WS reports with reference to Report, this was stated by SOCAR representative Teymur Aliyev at the Eurasian Youth Entrepreneurs Forum (EYBF2025), organized by Gənc MÜSİAD in Baku.

According to him, the company is ready to implement solutions that can bring value.

"If a startup has a ready, tested product, we are open to checking it and implementing it jointly. Startups can contact us. If this product creates value for SOCAR, we are open to working together on its implementation," Aliyev noted.

He added that SOCAR is already actively cooperating with a number of local and international technology companies. According to him, the implementation of advanced technologies in petrochemical and other areas remains one of the company's priorities.