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.
🚀 The 5th TUSI at the Academy of the State Customs Committee
During the information session, students were introduced to the incubation program and received information about developing a startup idea, building a team, and the opportunities offered within the program. Participants’ questions were also addressed during the meeting.
You can also join the incubation program — register right now:
https://gub.icenter.az/home
Within the program, participants will:
• Gain practical knowledge to develop their startup ideas
• Benefit from trainings and mentorship support from industry experts
• Receive guidance on transforming their projects into a product or service
• Build new connections and collaboration opportunities within the startup ecosystem
If you want to bring your innovative ideas to life and take your first step into the startup world, join our program!
“Polygraf AI” has secured a $9.5 million investment!
Based in the United States, “Polygraf AI” has gained the trust of international investors, becoming one of the most successful startups in the field of artificial intelligence.
The company provides AI-powered solutions for risk detection, fraud prevention, and data integrity protection for enterprises.
With this investment, “Polygraf AI” will accelerate product development and further strengthen its position in global markets.
We sincerely congratulate the “Polygraf AI” team!
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.