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.

Read more

Other news

innoland news image

INNOLAND’s resident successfully represented at the Digital Startup Awards 2025!

INNOLAND’s resident successfully represented at the Digital Startup Awards 2025!

On December 12–13, the Grand Final of the international “Digital Startup Awards” program was held in Tashkent, jointly organized by the Ministry of Digital Technologies of the Republic of Uzbekistan, IT Park Uzbekistan and IT Park Ventures. The total prize fund of the program, one of the largest startup initiatives in the Central Eurasia region, amounted to 1 million USD.

Within the incubation program, our resident startup “Lingozy”, representing Azerbaijan, received a prize of 10,000 USD.

It should be noted that startups from Azerbaijan received a total of 70,000 USD in grants. In the acceleration program, the startup “Recepta” was awarded 50,000 USD, while “SnackPack AZ” earned 10,000 USD within the incubation program. Additionally, in the “Best Startup Project” category, Azerbaijani startups “StarkidStories” and “Tryverse” represented the country in the final stage. Other Azerbaijani startups that qualified for participation in the incubation program included “Crable”, “himate.az” and “OLSUN”.

The “Digital Startup Awards” program strengthened cooperation among regional startup ecosystems and contributed to increasing international recognition of Azerbaijani startups, opening new opportunities for their development.

Read more
innoland news image

As part of the DOST Agency's "Volunteer DOST" program, a successful familiarization visit of young volunteers to the "INNOLAND" Incubation and Acceleration Center took place!

As part of the DOST Agency's "Volunteer DOST" program, a successful familiarization visit of young volunteers to the "INNOLAND" Incubation and Acceleration Center took place! 
Participants gained insight into the startup ecosystem, learned about the stages of turning ideas into businesses, and received information about the operation of the innovation environment.

Read more
innoland news image

A delegation led by Ahmet Aydın, Deputy Minister of Labor and Social Protection of the Republic of Turkey, got acquainted with the activities of “ASAN Service.”

A delegation led by Ahmet Aydın, Deputy Minister of Labor and Social Protection of the Republic of Turkey, got acquainted with the activities of “ASAN Service.”

Welcoming the guests, Ceyhun Salmanov, Deputy Chairman of the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan, provided information about the “ASAN Service” centers established on the initiative of President Ilham Aliyev and the innovative solutions applied in public services. He also noted that Azerbaijan’s intellectual brand is currently exported to more than 30 countries.

The guests also visited the “INNOLAND” Incubation and Acceleration Center, Mobile ASAN Service, ABAD, and “Bilim Bakı” centers.

Read more