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 winning teams of the “EESTech Challenge Baku’25” competition will represent our country at the international final!

The “EESTech Challenge Baku’25” was organized by EESTEC JLC Baku, with the support of the “INNOLAND” Incubation and Acceleration Center, the “STEAM Azerbaijan” project, and the “Bir Könüllü” Student Cooperation Public Union.

The main purpose of the competition is to promote innovative thinking and technical approaches to solving real-world problems among students studying engineering and seeking to enhance their knowledge and skills in this field.

The competition received more than 100 applications, from which 10 teams — a total of 30 participants — were selected. They demonstrated their knowledge and skills in creatively solving various technological challenges. As a result, the team “AirVive” took first place, and the team “Montyorlar” took second place.

The winning teams will represent Azerbaijan at the international final of the “EESTech Challenge”, to be held on May 13–16, 2025, in Trieste, Italy.

It should be noted that the “EESTech Challenge” is an international competition held in various cities across Europe and aims to foster the development of engineering and innovation among young technology enthusiasts.

“ASAN Service” Hosts the “DIGIAGE BAKU 2025” Digital Game Camp

From December 5–7, 2025, the “DIGIAGE Baku 2025” digital game camp was organized as part of the collaboration between the Innovation Center of the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan and DIGIAGE.

The camp aimed to enable talented youth to create games and present their projects with the guidance of professional mentors. It also sought to help participants gain experience for entering the global market and foster new startup initiatives. Throughout the process, participants developed teamwork, project presentation, and marketing skills, strengthened their creative approaches, and prepared new game concepts. They also received valuable advice from industry experts on networking and career development.

In total, 238 applicants participated in the camp, including 28 teams and 134 individual applications. From these, 100 selected participants received two separate trainings over two weeks on data-driven game marketing and publishing processes.

During the three-day camp, participants who passed the selection stages took part individually or in teams. They learned about modern tools used in game development, different stages of game creation, and career opportunities in the sector. Representatives from well-known companies and game designers shared motivational experiences and insights.

Throughout the camp, Vüsal Rüstəmov, Director of the Innovation Center, and Erkam Tüzgen, CEO of Bilişim Vadisi, monitored team activities and met with participants.

At the conclusion, 19 teams presented their games to the jury. The teams “Untitle Game Studio,” “Neecro Projects,” and “Voyagers” ranked in the top three, while “Rital Interactive” received a special encouragement award from the jury. Investment meetings and mentorship support will continue for the winning teams, and all teams will continue to receive mentorship support from DIGIAGE.

Since 2023, over 500 applications have been received for the camps, with more than 300 participants qualifying to compete. More than 60 teams have participated in total, with many attracting investment and mentorship opportunities.

The camp has been implemented since 2023 within the framework of a cooperation protocol between the Innovation Center and Bilişim Vadisi Baku, aiming to develop technological skills, organize trainings, and support the implementation of innovative solutions in the country. Joint projects based on hackathon and bootcamp models are also a priority.

Sponsors: PASHA Holding
Partner: Code Academy
Media Partner: ASAN Radio & TV