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 winning teams of the “EESTech Challenge Baku’25” competition will represent our country at the international final!
The “EESTech Challenge Baku’25” was organized by EESTEC JLC Baku, with the support of the “INNOLAND” Incubation and Acceleration Center, the “STEAM Azerbaijan” project, and the “Bir Könüllü” Student Cooperation Public Union.
The main purpose of the competition is to promote innovative thinking and technical approaches to solving real-world problems among students studying engineering and seeking to enhance their knowledge and skills in this field.
The competition received more than 100 applications, from which 10 teams — a total of 30 participants — were selected. They demonstrated their knowledge and skills in creatively solving various technological challenges. As a result, the team “AirVive” took first place, and the team “Montyorlar” took second place.
The winning teams will represent Azerbaijan at the international final of the “EESTech Challenge”, to be held on May 13–16, 2025, in Trieste, Italy.
It should be noted that the “EESTech Challenge” is an international competition held in various cities across Europe and aims to foster the development of engineering and innovation among young technology enthusiasts.
The delegation of INNOLAND Incubation and Acceleration Center attended the "NGO Digitalization" event in Hungary.
Director of INNOLAND Incubation and Acceleration Center Mammad Karimov spoke at the event.
The delegation also had meetings with the representers of the startup ecosystem in the events held in Budapest, Brussels, and Berlin.
From June 13 to 15, 2025, with the support of the Ministry of Youth and Sports of the Republic of Azerbaijan, the Youth Foundation, the Azerbaijan Student and Youth Organizations Union (ATGTI), and organized by Enactus Azerbaijan, the “Enactus Champions League Simulation Camp” was held.
As part of this special program aimed at developing young leaders, participants gained both theoretical knowledge and practical skills, taking another step closer to the world of entrepreneurship.
During the camp, participants took part in various training sessions and workshops on entrepreneurship, innovation, and project management, held with the support of the “Innovation Center.” Among the speakers were: Director of the INNOLAND Incubation and Acceleration Center, Nijat Amiraslanov, who delivered sessions on “Entrepreneurship and Innovation,” “Introduction to Social Entrepreneurship,” and “Presentation and Communication”; ASAN Innovative Development Center trainer, Nofal Aliyev, who presented the topic “Artificial Intelligence Tools in Startup Development”; and Deputy Head of the Project Management Department, Ziniddin Babayev, who conducted training on “Project Management and Strategy.” Through these sessions, participants not only gained up-to-date knowledge but also developed teamwork and strategic thinking skills.
Later, the simulation of the semifinal and final stages of the “Enactus National Competition” took place. Teams presented their projects, showcasing their knowledge and skills in a competitive environment.
Based on the simulation results, the winning teams were:
1st place – Azerbaijan Medical University
2nd place – Baku State University
3rd place – Lankaran State University
Congratulations to all the teams! We wish you continued success!