The project proposed by the consortium is planning to address several nation-level problems in Azerbaijan. The main scope of the activities to be undertaken during the project covers capacity-building initiatives in selected higher education institutions with the main goal to improve and harmonize understanding as well as practice of entrepreneurial mindset, innovative talent and high-impact expertise. By trying to reach the above-mentioned goal, the consortium will attempt to minimize or remove the impact of the following fundamental problems/concerns in higher education institutions across the nation: 1) There is a lack of sophisticated ecosystem fostering entrepreneurial mindset in higher education institutions; 2) The conditions and incentives provided to students and faculty at higher education institutions to produce and implement innovative ideas are limited; 3) Majority of the teachings and research in higher education institutions is overly theoretical, offering limited or no opportunity for hands-on experience; 4)The students and faculty at higher education institutions have a limited understanding about how to cultivate, initiate, incubate, accelerate, realize and commercialize an innovative startup idea; 5) The level of collaboration between higher education institutions and industries is limited and inadequate.