This year's "Baku ID" event held at Baku Crystal Hall included over 200 local and foreign investors, more than 100 startups, and over 5,000 participants, with more than 50 partners. The event featured a panel session on Artificial Intelligence. Additionally, the organization's CEO, Fariz Jafarov, will speak on the panel discussing "The Growing Role of Startups in Achieving Zero Emissions."

During the festival, participants could visit the 4SIM stand to learn about the center's activities and gain free access to courses offered on the Coursera platform through "4SI Academy." The "Baku ID" event also envisioned the signing of a Memorandum of Understanding between SABAH Hub and 4SIM to support the development of the local startup ecosystem as part of the country's digital economy growth.

The festival's startup competition allowed participating startups to potentially access an investment fund worth $1 million USD. Attendees also enjoyed speeches from global technology company leaders, various panel sessions, presentations by regional startups, networking, and other engaging activities.