The following companies are ineligible:
Credit institutions, banks, insurance companies, co-ops, SEC (Securities and exchange commission) regulated companies (e.g. SEC registrants and their affiliates), companies active in the gambling industry, Azerbaijan subsidiaries of foreign multinationals, government-owned entities/public sector agencies, charities and not-for-profit organisations and their affiliates and subsidiaries.
Phase I
The online application
This first phase verifies eligibility and should only take 30 minutes with the information at hand. Applications will open on 23 October 2025 and will close by 5 December 2025.
Phase II
The screening and reviewing process
This is an in-depth review of your company, addressing the four programme pillars – strategy, capability, commitment, financial results. Deadline for Phase II submission is 10 February 2026.
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