The delegation of Startup Estonia and the “Garage 48” Acceleration Center, established upon the initiative of the Estonian government, got acquainted with the “INNOLAND” Incubation and Acceleration Center of the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan.
Wide information on operating Co-working, Incubation, Acceleration and IT Training, as well as the startups residing within the center, was delivered to the guests.
Then, the Memorandum of Collaboration was signed between parties.
The Memorandum of Cooperation involves the establishment of an entrepreneurial support ecosystem as well as the creation and development of investor opportunities in the relevant regions for local technology startups. Furthermore, it covers the adoption of mutually agreed measures such as an effective exchange of incubation and acceleration programs and exchange of information on the attraction of local and foreign investors and etc.
According to the agreement reached within the memorandum signed with the "Startup Estonia" Center, the initial assessment of the regional applications sent to the “Startup Estonian Visa” program will be implemented in Azerbaijan. Startups applied to the relevant program from the regional countries such as Russia, Georgia, Mongolia, Iran, and Afghanistan will be initially assessed by the “INNOLAND” Incubation and Acceleration Center. Only startups that have successfully completed the initial stage will be able to move to the next stage of the program. This will play a significant role in attracting regional start-ups and projects to our country and increasing the success potential of the startup ecosystem.
The “Startup Estonian Visa” Program was established in 2017 on the joint initiative of the Estonian Startup Committee and the Ministry of Internal Affairs of Estonia. The main goal of the program is to facilitate the entry of successful startups and projects of non-EU countries to Estonia. Thus, successful startups sent their applications to the “Startup Estonian Visa” Program are provided with a special code through which the applicants and their team members may obtain a permit to live up to 5 years in Estonia.
As part of the DOST Agency's "Volunteer DOST" program, a successful familiarization visit of young volunteers to the "INNOLAND" Incubation and Acceleration Center took place!
Participants gained insight into the startup ecosystem, learned about the stages of turning ideas into businesses, and received information about the operation of the innovation environment.
In Ganja, at the Azerbaijan University of Technology, startup enthusiasts came together at the “Innostart” panel. During the panel, Nicat Əmiraslanov, Director of the "INNOLAND" Incubation and Acceleration Center, shared insightful thoughts on innovation and startup development opportunities.
At the end, young participants’ ideas were heard, followed by open and engaging discussions.
Our resident startup has achieved international success!
"Tada!", a resident of INNOLAND, has been selected for the "Star Venture" program implemented by the European Bank for Reconstruction and Development (EBRD).
"Star Venture" is a global program designed for startups with high growth potential. Over a period of 18 months, the selected startups will be provided with:
international mentoring;
strategic development advice;
networking opportunities with investors.
We congratulate the "Tada!" team on this achievement and wish them continued success!