On January 10, 2019, Memorandum of Understanding was signed between INNOLAND Incubation and Acceleration Center, Next Step Innovation Center and SUP Startap Accelerator.
The memorandum covers joint cooperation on the promotion of Incubation and Acceleration projects, the provision of co-working services, and the conduct of educational programs for startups. It also includes an exchange of information and involvement in the organization of other mutual events to attract local and foreign investors.
The importance of the incubation service in establishing a sustainable startup ecosystem in our country, as well as the role of the acceleration service in shaping new national startup brands outside the country.
Have you heard startups say, “we’re already in the acceleration stage”?
But what does acceleration mean?
Acceleration is the phase where startups that have tested their idea and are ready to grow gain speed.
At this stage, teams:
meet with investors
strengthen market strategies
refine sales and marketing plans
focus on realistic goals with mentor support
In simple terms, acceleration is the moment when a startup is not just starting, but preparing to grow.
What do you think is the most important factor for a startup at this stage — mentorship, market strategy, or investor support?
From June 13 to 15, 2025, with the support of the Ministry of Youth and Sports of the Republic of Azerbaijan, the Youth Foundation, the Azerbaijan Student and Youth Organizations Union (ATGTI), and organized by Enactus Azerbaijan, the “Enactus Champions League Simulation Camp” was held.
As part of this special program aimed at developing young leaders, participants gained both theoretical knowledge and practical skills, taking another step closer to the world of entrepreneurship.
During the camp, participants took part in various training sessions and workshops on entrepreneurship, innovation, and project management, held with the support of the “Innovation Center.” Among the speakers were: Director of the INNOLAND Incubation and Acceleration Center, Nijat Amiraslanov, who delivered sessions on “Entrepreneurship and Innovation,” “Introduction to Social Entrepreneurship,” and “Presentation and Communication”; ASAN Innovative Development Center trainer, Nofal Aliyev, who presented the topic “Artificial Intelligence Tools in Startup Development”; and Deputy Head of the Project Management Department, Ziniddin Babayev, who conducted training on “Project Management and Strategy.” Through these sessions, participants not only gained up-to-date knowledge but also developed teamwork and strategic thinking skills.
Later, the simulation of the semifinal and final stages of the “Enactus National Competition” took place. Teams presented their projects, showcasing their knowledge and skills in a competitive environment.
Based on the simulation results, the winning teams were:
1st place – Azerbaijan Medical University
2nd place – Baku State University
3rd place – Lankaran State University
Congratulations to all the teams! We wish you continued success!
INNOLAND’s resident successfully represented at the Digital Startup Awards 2025!
On December 12–13, the Grand Final of the international “Digital Startup Awards” program was held in Tashkent, jointly organized by the Ministry of Digital Technologies of the Republic of Uzbekistan, IT Park Uzbekistan and IT Park Ventures. The total prize fund of the program, one of the largest startup initiatives in the Central Eurasia region, amounted to 1 million USD.
Within the incubation program, our resident startup “Lingozy”, representing Azerbaijan, received a prize of 10,000 USD.
It should be noted that startups from Azerbaijan received a total of 70,000 USD in grants. In the acceleration program, the startup “Recepta” was awarded 50,000 USD, while “SnackPack AZ” earned 10,000 USD within the incubation program. Additionally, in the “Best Startup Project” category, Azerbaijani startups “StarkidStories” and “Tryverse” represented the country in the final stage. Other Azerbaijani startups that qualified for participation in the incubation program included “Crable”, “himate.az” and “OLSUN”.
The “Digital Startup Awards” program strengthened cooperation among regional startup ecosystems and contributed to increasing international recognition of Azerbaijani startups, opening new opportunities for their development.