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.
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
The opening ceremony of the SID project, implemented under the slogan “Your idea is supported” with the support of the INNOLAND Incubation and Acceleration Center, has been held.
The SID project not only promotes the development of creative initiatives but also contributes to optimizing operations at OBA, implementing innovative solutions, and overall diversifying Azerbaijan’s startup ecosystem.
The opening ceremony was attended by senior representatives of Veysəloğlu Group of Companies and the Director of the Innovation Center under the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan, Vusal Rustamov.
Speaking about the project, Vusal Rustamov stated that the Innovation Center is ready to share its resources in order to create an effective incubation environment for the 33 selected startups. He emphasized that this cooperation is a bright example of public-private partnership and highly appreciated OBA’s initiative.
It should be noted that a total of 183 teams applied for the project, and 33 of the most promising teams were selected for the next stage.
Within the framework of the project, a total prize fund of 10,000 AZN has been allocated.
The semifinal stage of the “Digital Startup Awards” competition has been held in Azerbaijan
In partnership with “INNOLAND” Incubation and Acceleration Center and “Sabah Hub,” the Azerbaijani semifinal of the international “Digital Startup Awards” competition in the “Best Startup Project” category was successfully held.
Twenty innovative startup projects representing Azerbaijan took part in the semifinal. The startup teams presented their projects to the jury, where they were evaluated based on criteria such as business model, technological innovation, and market potential.
The “Digital Startup Awards” program is an international initiative that fosters a multi-level development mechanism within the region’s startup ecosystem and is distinguished by its stage-based selection process. In the “Best Startup Project” category—one of the three main stages of the program—two projects, “StarKidsStories” and “Tryverse,” were announced as winners.
“StarKidsStories” is an innovative startup that creates personalized children’s storybooks using artificial intelligence technologies. The project stands out for its scalable model and strong profit potential.
“Tryverse” is a platform that combines 3D and augmented reality (AR) technologies to enhance online sales of physical products.
These two startup projects have earned the opportunity to represent Azerbaijan in the international final to be held in Uzbekistan, where they will compete with the most promising startups from nine countries.
The startups selected for the semifinal stage were chosen from nearly 100 applications and evaluated by distinguished jury members and experts, including Dalerkhon Nodirov (Deputy Director of IT Park Ventures), Mubariz Shahbazli (Head of the UNEC Startup Incubator), and Masud Alisoy (Investment Specialist representing the Sabah Foundation). Mr. Elshad Mammadzada (Executive Director of Akademi Group), representing the INNOLAND Incubation and Acceleration Center, evaluated the EdTech startups as an expert judge in educational innovation.
Overall, more than 150 startups from Azerbaijan applied for the competition. The “Digital Startup Awards” program is organized by “StartupBase,” an innovation platform of IT Park Uzbekistan. The program aims to promote digital innovation, support the development of the startup ecosystem across Central Asia and the Caucasus, and create opportunities for young entrepreneurs to gain international recognition.