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.
Meeting on “Special Regulatory Regime” for Fintech Startups Held
A meeting on the “Special Regulatory Regime,” which is of significant importance for the fintech ecosystem, was successfully held with the joint organization of the Central Bank of the Republic of Azerbaijan and the INNOLAND Incubation and Acceleration Center.
During the presentation, detailed information was provided on the purpose of the special regulatory regime, evaluation criteria for applications, and the pilot process, followed by extensive discussions in this direction. The session was both informative and practically useful for startups operating in the fintech sector.
Speakers:
• Sahib Hasanov– Head of Department, Central Bank of the Republic of Azerbaijan
• Vagif Guliyev– Senior Specialist, Central Bank of the Republic of Azerbaijan
The meeting included extensive discussions on existing opportunities for the fintech ecosystem, regulatory requirements, innovation regulation, and future cooperation prospects. A Q&A session was also organized for participants, during which current issues in the field were explained in detail.
The #Green_and_Digital_Silk_Road international acceleration program is successfully expanding its scope of influence within the #Startup_School_3 project, implemented at the initiative of the Enterprise Azerbaijan portal, operated by the Center for Analysis of Economic Reforms and Communication.
Time to Take Your #Startup to the #Global Stage!
Applications are now open for the #Green_and_Digital_Silk_Road international #acceleration program!
A unique opportunity for startups working in #cleantech, #greentech, #agritech, #smart city, and #green digital solutions to build a sustainable future:
34 ecosystem partners (22 local + 12 global)
5 international venture funds – real investment opportunities
Global networking, mentorship, and market access support
Program modules focused on climate action and digital transformation
Application deadline: August 1, 2025
Apply now: https://forms.gle/Z4DfUYrPiPNV5RVE9
Not just for innovators – but for those who want to shape the future
INNOLAND resident startup "E-Legal" successfully executed an exit!
"E-Legal," a startup distinguished by its unique approach in Azerbaijan’s legal technology sector and a resident of the INNOLAND Incubation and Acceleration Center, has successfully exited in the United States!
Founded by Samaya Habibova, "E-Legal" digitalizes legal services by offering users contract preparation, automation of legal documents, and online consultation. In 2023, a 10-year agreement was signed between "E-Legal" and "ASAN Service." Under this agreement, digital legal service kiosks are planned to be installed in 29 "ASAN Service" centers across the country.
We congratulate the "E-Legal" team and wish them even greater success in the future!