Mingachevir State University hosted the “From Waste to Value” startup competition to promote efficient resource use, support innovative approaches to converting waste into economic value, and develop students’ startup mindset based on circular economy principles. The event was jointly organized by the Department of Energy, the Department of Physics and Ecology, and the Department of Economics.

Participants analyzed existing challenges in waste management and worked on innovative, practical solutions to convert waste into valuable resources. Teams presented startup ideas focused on recycling, reusing, and transforming various types of waste—plastic, household, industrial, and agricultural—into value-added products.

The projects considered both ecological and economic aspects. Proposed solutions contributed to resource circulation, waste reduction, and the creation of new business opportunities. This approach practically reflected the main principles of the circular economy model: “reduce, reuse, recycle.”

The competition aimed to encourage participants to approach ecological challenges innovatively and systematically, while also developing economically efficient solutions. Teams developed comprehensive startup models considering technological justification, market potential, and long-term sustainability.

During the competition, participants worked intensively in teams, quickly developing their ideas into implementable project concepts. This process significantly enhanced their analytical thinking, innovative approach, and systematic problem-solving skills in addressing ecological challenges.

In the final stage, teams presented their startup projects to the jury. Evaluation criteria included innovation, ecological and economic impact, implementation feasibility, and market potential. The most successful projects were recognized, and participants received practical recommendations for future development.

The “From Waste to Value” – Circular Economy Startup Competition was recognized as a key initiative that strengthened students’ ecological responsibility, encouraged the creation of innovative solutions for efficient resource management, and promoted sustainable economic development.