On March 17, memorandum of understanding signed between "Innovations Center" LLC (INNOLAND), which is subordinate to the State Agency for Citizens Service and Social Innovations under the President of The Republic of Azerbaijan, and “Yeni Fikir” LLC. The purpose of the Memorandum is to support entrepreneurship ecosystems for technological startups in our country and in the regions of Azerbaijan and to implement a high-level partnership that serves the needs of emerging (or other) technology entrepreneurs.
The document, along with the formation and development of technology entrepreneurship, also reflects cooperation issues related to the strengthening of business initiatives. Thus, the content of the Memorandum reflects the factors that are being estimated for the establishment and development of innovation ecosystems in our country, as well as business initiatives.
"Innovations Center" LLC (INNOLAND) cooperates with local and international organizations in accordance with the strategy of the development of innovation ecosystem in our country and in the region, as well as for the development of technology entrepreneurship (startups). As one of such organizations, "Yeni Fikir" LLC is one of the companies operating in the intellectual sector in Azerbaijan and having a specific role in the formation of startup culture.
Thus, the "Yeni Fikir" startup competition, which was held for the sixth time this year, is being implemented by "Yeni Fikir" LLC, sponsored by BP, the Baku Engineering University. The company "Yeni Fikir" cooperates with "Innovations Center" LLC (INNOLAND) in organizing the same startup competition. Five startup projects that will win the competition.
The development of five startup projects that will win the competition will also be supported at the Innoland Incubation and Acceleration Center.
A $1 Million Prize Pool Awaits You!
Registration is now open for the "Digital Startup Awards" international competition, held in partnership with INNOLAND!
Digital Startup Awards is an international competition and development program aimed at boosting innovation and startup ecosystems across Central Asia, the Caucasus, and Mongolia.
Azerbaijani startups can apply in 3 exciting tracks:
🔹 Best Startup Project
For officially registered startups at the Seed or Series A stage.
🔹 Acceleration Program
For startups with at least 3 months of sales.
Participation of at least one team member is required (costs covered from September to December).
🔹 Incubation Program
For teams with an MVP or working prototype.
Official registration is required.
Winners will gain access to major opportunities and global recognition!
Learn more and register at: startupbase.uz/en/digital-startup-awards
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.
Startap rezidentimiz "Taskool" Azərbaycan Dövlət İqtisad Universitetiylə əməkdaşlığa başlayıb.
Tərəflər "STEAMLAND" innovativ tədqiqat mərkəzi çərçivəsində birgə fəaliyyətlər göstərəcəklər. Mərkəz universitet və məktəblər arasında körpü yaradaraq məktəblilərdə "STEAM" (elm, texnologiya, mühəndislik, incəsənət və riyaziyyat) sahələri üzrə layihə əsaslı öyrənmənin və tədqiqat üçün lazım olan yumşaq və texniki bacarıqların əsasını formalaşdıracaq.
"Taskool" təhsil sahəsində startap olaraq yaratdığı əsas innovativ təşəbbüslərindən biri dünyada universitetlər üçün yeni, alternativ qəbul prosesidir. Platformada ali məktəbə təqdim etmək üçün şagirdlərə akademik portfel, praktikaya dayanan biliklər əldə etmək üçün "STEAM" layihələr bankı, istedadlıları üzə çıxarmaq üçün Olimpiada və Hakaton mərkəzi, həmçinin qlobal şəbəkələşmələri istiqamətində icma qrupları yaradaraq innovativ təhsil fəaliyyətləri həyata keçirir.