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.
A meeting was held at the “Innovation Center” with representatives of the High Technologies Park.
Vusal Rustamov, Director of the “Innovation Center” of the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan, met with a delegation led by Nihat Majidov, Chief Executive Officer of the High Technologies Park of the Ministry of Science and Education.
During the meeting, the activities of the “Innovation Center” and the High Technologies Park, the “SABAH.city” innovation township project, as well as potential areas of cooperation were discussed.
The parties reviewed opportunities for joint activities aimed at the development of the innovation ecosystem, enhancing the knowledge and skills of young people in the field of high technologies, and supporting startup projects.
As part of the meeting, the guests also visited the “INNOLAND” Incubation and Acceleration Center, iLab, ASAN Innovative Development Center, and the “Bilim Azerbaijan” project.
They were provided with detailed information about the projects implemented by these centers, resident startups, and innovative initiatives.
The delegation of INNOLAND Incubation and Acceleration Center attended the "NGO Digitalization" event in Hungary.
Director of INNOLAND Incubation and Acceleration Center Mammad Karimov spoke at the event.
The delegation also had meetings with the representers of the startup ecosystem in the events held in Budapest, Brussels, and Berlin.
Final stage of the “45 Minutes Startup” Olympiad held at “INNOLAND”
The final stage of the “45 Minutes Startup” Olympiad, organized jointly by the “INNOLAND” Incubation and Acceleration Center and “Taskool” for 8th–11th grade students, has been successfully held.
The final took place within the framework of the “Startup School” program by “Taskool,” a resident of “INNOLAND.” In 2025, out of 147 applications submitted to the “Startup School” program, 110 participants started the training, and 58 successfully completed it, forming 13 teams across 7 main fields.
The program, aimed at developing entrepreneurship skills and financial literacy at a global level, engaged participants in working on real business ideas and presenting their startup projects. With the support of experienced mentors, the projects covered areas such as Artificial Intelligence, FinTech, GreenTech, HealthTech, AgriTech, Gaming, and E-commerce.
In the final stage, 13 teams captured the jury’s attention with their innovative ideas, creative approaches, and presentation skills. As a result, the startup projects of the “Speacdeaf,” “Tutor AI,” and “Mindmark” teams were highly evaluated and declared winners. All participants who successfully completed the program received certificates.
The “Startup School” program builds a strong foundation for Azerbaijan’s future startup leaders and promotes innovation culture across the country.