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 meeting was held at the “Innovation Center” with representatives of the High Technologies Park.
Vusal Rustamov, Director of the “Innovation Center” of the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan, met with a delegation led by Nihat Majidov, Chief Executive Officer of the High Technologies Park of the Ministry of Science and Education.
During the meeting, the activities of the “Innovation Center” and the High Technologies Park, the “SABAH.city” innovation township project, as well as potential areas of cooperation were discussed.
The parties reviewed opportunities for joint activities aimed at the development of the innovation ecosystem, enhancing the knowledge and skills of young people in the field of high technologies, and supporting startup projects.
As part of the meeting, the guests also visited the “INNOLAND” Incubation and Acceleration Center, iLab, ASAN Innovative Development Center, and the “Bilim Azerbaijan” project.
They were provided with detailed information about the projects implemented by these centers, resident startups, and innovative initiatives.
President of the Republic of Azerbaijan Ilham Aliyev and the first lady Mehriban Aliyeva have attended the inauguration of the administrative building of E-Government Development Center under the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan.
The head of state cut the ribbon symbolizing the opening of the administrative building.
The President`s Assistant for Work with Law Enforcement Bodies and Military Issues, department head Fuad Alasgarov and chairman of the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan (ASAN Service) Ulvi Mehdiyev informed President Ilham Aliyev and first lady Mehriban Aliyeva of the conditions created in the building.
The building will feature the INNOLAND Incubation and Acceleration Center as well as the IT Training and Education Center.
President Ilham Aliyev familiarized himself with the INNOLAND Incubation and Acceleration Center. INNOLAND is an incubation, acceleration and research center created to develop the private sector, promote innovation and expand the startup movement both in Azerbaijan and beyond its borders.
The IT Training and Education Center is a place where young people will be taught programming, information technologies, and coding skills.
President Ilham Aliyev and first lady Mehriban Aliyeva then viewed innovative projects here.
President Ilham Aliyev and first lady Mehriban Aliyeva were also informed of the new development concept of e-government.
The “Strategy and Finance” bootcamp has officially started.
The first session of the bootcamp was delivered by professional consultant Dr. Ibrahim Can.
The training, dedicated to the topic “Startup, Marketing, and Strategy,” covered the following areas:
Startup ecosystem and strategic goals
Proper market positioning
Effective marketing planning
The session concluded with interactive discussions and a Q&A segment.