25 March, 2019

The seed round investment made into the Nextsale and Whelp startups

In "INNOLAND" Incubation and Acceleration Center the seed round investment made into the "Nextsale" and "Whelp" startups, participants of the winter acceleration program of the SUP "Startap Accelerator.

The investment in these startups was implemented jointly by the "Azfinans" Investment Company, the "Next Step" Innovation Center and Khazar Ventures.

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Other news

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INNOLAND has started the selection for its first Incubation Program for the new center in Sheki!

During the first week of July mentors and startups from “INNOLAND“ visit the new “INNOLAND“ Sheki to discover new startups. Participants will be introduced to basic entrepreneurial concepts during 2 days of workshops, followed by a Hackathon to apply the newly gained knowledge and put it into practice. The winners of the Hackathon will be accepted to “INNOLAND“ Sheki 6-month Incubation Program including working space in “INNOLAND“ Sheki Coworking.

 

Selection Criteria

  • over 18
  • basic level of English

 

Agenda:

Day 1: General Workshops

  • What is a startup?
  • How to come up with a startup idea?
  • Market Research: Why and How?
  • Value Proposition

 

Day 2: General Workshops

  • Business Model Canvas: Business Modelling, Business Planning
  • Lean Methodology
  • Pitching

 

Day 3: Start of Hackathon + Speakers

  • Startups from “INNOLAND“ Baku will share their entrepreneurial experience
  • Hackathon will be launched: Ideas put on voting, best 5-6 will be chosen for team forming with a goal to form a startup by the end of the Hackathon

 

Day 4: Teamwork + Mentoring

 

  • Selected teams will work on their projects with the support of “INNOLAND“ mentors + “INNOLAND“ Baku startups.

 

Day 5: Teamwork, Final Presentations + Winner Announcement

 

  • Half day: Continue teamwork
  • Half day: Final Presentations in front of the jury to determine the top 3 teams

For registration: http://bit.ly/2MWFSQX

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Hadoop user group meeting to be held in Azerbaijan

On March 10, 2019, the INNOLAND Incubation and Acceleration Center together with the Tech Academy will hold a meeting of the Hadoop user group in Azerbaijan.

Participation in the discussion of well-known foreign and local experts will focus on the application of Big Data Technologies, stages of Data Analytics and many other important issues.

Speakers of the event will be Abzetdin Adamov, Head of Data Analytics Center ADA University, Zekeriya Beşiroglu, Big Data Analyst at KOMTAŞ Information Management Center in Turkey, the Head of the Oracle Users Group and the winner of the “Oracle ACE Director” award.

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"INNOLAND" is starting a Joint Acceleration Batch in partnership with AzerGold CJSC.

"INNOLAND" Incubation and Acceleration Center of the State Agency for Citizen Services and Social Innovations under the President of Azerbaijan will start a Joint Acceleration Program with AzerGold CJSC. The goal is to bring together the precious metal industry's most emerging startups to stimulate inter-industry innovation, increase the effectiveness of processes and establish a new standard for this industry in Azerbaijan and the region. 

 

The startups eligible for this batch can be focused on:

 

  • optimizing processes

  • enhancing capabilities

  • enhancing skills

  • utilizing leading technologies

 

 within the precious metal industry and provide solutions that can be adapted to the needs of AzerGold CJSC. 

 

Along with innovative solutions for the precious metal industry, startups can offer solutions suitable for AzerGold’s organizational needs including:

  • Mining

  • Industrial

  • Geology

  • HR 

  • Database / Digitalization

  • Legal

  • Finance

  • Ecology

  • HSE, etc

 

 

Criteria 

 

Other than being relevant to AzerGold CJSC’s activities, the selection criteria include:

 

1.Team: Minimum 2 People (No solo founders)

2. Minimum physical full-time presence on-site 1 Team member with good knowledge of English

3. Product: Developed or are developing a minimum viable product (MVP), Proof of concept

4. Market: Identified market and target segments

5. Pitch Deck needed 

6. Qualification and experience in the field of precious metals will be considered as a big advantage

7. Research for export opportunities and readiness to enter new markets

For registration: https://forms.gle/8YqYx6mh6d1J7sXd8

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