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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Other news

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Have you heard startups say, “we’re already in the acceleration stage”?

Have you heard startups say, “we’re already in the acceleration stage”? 
But what does acceleration mean?

Acceleration is the phase where startups that have tested their idea and are ready to grow gain speed.

At this stage, teams:
meet with investors
strengthen market strategies
refine sales and marketing plans
focus on realistic goals with mentor support

In simple terms, acceleration is the moment when a startup is not just starting, but preparing to grow

What do you think is the most important factor for a startup at this stage — mentorship, market strategy, or investor support?

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“ASAN Service” to organize the next Digital Game Camp

“ASAN Service” to organize the next Digital Game Camp

The “DIGIAGE – Baku 2025” Digital Game Camp will be held at the “INNOLAND” Incubation and Acceleration Center under the organization of the Innovation Center of the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan.

The main goal of the camp is to create opportunities for talented young people to develop their own games with the support of professional mentors and to promote their projects. Another key objective is to help participants gain experience in entering global markets and support their new initiatives.

The “DIGIAGE” camp, which will be organized for the tenth time worldwide and for the third time in Azerbaijan, aims to provide mentoring support to individual participants, teams, and companies interested in developing in the gaming sector. It will also create opportunities to expand the ecosystem through investments.

Over the past two years (2023–2024), a total of 442 applications have been received for the camp, with 192 participants selected to take part.

Those wishing to participate in “DIGIAGE – Baku 2025” can register until October 24, 2025.

🔗 Registration link: https://forms.gle/aVtVRL7Ah966Yrm18

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Commercialization of Technological Startups

We held a webinar on the topic of “Commercialization of Technological Startups.”

During the webinar, Serhat Duyar, a startup mentor from “Bilişim Vadisi,” shared his experience on this subject.

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