11 April, 2019

"INNOLAND" and "Yeni Fikir" have signed a memorandum of cooperation

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.

 

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The semifinal stage of the “Digital Startup Awards” competition has been held in Azerbaijan

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.

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Are you ready to leverage LinkedIn more powerfully for your startup? 

Are you ready to leverage LinkedIn more powerfully for your startup? 
"INNOLAND" invites startup teams to a free webinar:
“Discover the Power of LinkedIn: Next-Gen Approaches to Personal Branding and Sales”

Join Tunahan Tolga Yıldız, Founder of the SaaS GTM Accelerator TechSales, and learn:
how to optimize your LinkedIn profile for startups
how to build a strong personal brand and develop content habits
how to use outbound and account-based marketing (ABM) strategies in sales
how to make the most of Sales Navigator

October 2, 2025
17:00
Online – Free participation

Register here: https://dovotes.com/form/innoland-survey

Don’t miss the chance to unlock LinkedIn’s full potential for your startup’s growth!

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The resident startup "Tada!" from "INNOLAND" was awarded 2nd place among 120 startups and 428 young participants

The resident startup "Tada!" from "INNOLAND" was awarded 2nd place among 120 startups and 428 young participants. 
As a result of the collaboration between "STARBUCKS FOUNDATION" and "Alshaya Group" with the "Habitat" Association, the final stage of the "EmpowerMe Youth Program," covering 120 startups and 428 youth across Eurasia, took place. 
At the program’s final stage, 8 teams had the opportunity to present their business ideas at the "EmpowerMe Demo Day" held in Turkey.
The winners with their innovative solutions were the teams "Tada!" (Azerbaijan), "LumoGluco" (Turkey), and "Nauanix" (Kazakhstan). 
We congratulate our startup team and wish them success!

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