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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Time to Take Your Startup to the Global Stage! Applications are now open for the Green and Digital Silk Road international acceleration program!

The #Green_and_Digital_Silk_Road international acceleration program is successfully expanding its scope of influence within the #Startup_School_3 project, implemented at the initiative of the Enterprise Azerbaijan portal, operated by the Center for Analysis of Economic Reforms and Communication.    

 Time to Take Your #Startup to the #Global Stage!
Applications are now open for the #Green_and_Digital_Silk_Road international #acceleration program!

A unique opportunity for startups working in #cleantech, #greentech, #agritech, #smart city, and #green digital solutions to build a sustainable future:

 34 ecosystem partners (22 local + 12 global)
 5 international venture funds – real investment opportunities
 Global networking, mentorship, and market access support
 Program modules focused on climate action and digital transformation

 Application deadline: August 1, 2025

 Apply now: https://forms.gle/Z4DfUYrPiPNV5RVE9
 Not just for innovators – but for those who want to shape the future

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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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A meeting was held at the “Innovation Center” with representatives of the High Technologies Park

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.

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