Meeting on “Special Regulatory Regime” for Fintech Startups Held

A meeting on the “Special Regulatory Regime,” which is of significant importance for the fintech ecosystem, was successfully held with the joint organization of the Central Bank of the Republic of Azerbaijan and the INNOLAND Incubation and Acceleration Center.

During the presentation, detailed information was provided on the purpose of the special regulatory regime, evaluation criteria for applications, and the pilot process, followed by extensive discussions in this direction. The session was both informative and practically useful for startups operating in the fintech sector.

Speakers:
• Sahib Hasanov– Head of Department, Central Bank of the Republic of Azerbaijan
• Vagif Guliyev– Senior Specialist, Central Bank of the Republic of Azerbaijan

The meeting included extensive discussions on existing opportunities for the fintech ecosystem, regulatory requirements, innovation regulation, and future cooperation prospects. A Q&A session was also organized for participants, during which current issues in the field were explained in detail.

“ASAN Service” to organize the next Digital Game Camp

The “DIGIAGE – Baku 2025” Digital Game Camp will be held at the “INNOLAND” Incubation and Acceleration Center under the organization of the Innovation Center of the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan.

The main goal of the camp is to create opportunities for talented young people to develop their own games with the support of professional mentors and to promote their projects. Another key objective is to help participants gain experience in entering global markets and support their new initiatives.

The “DIGIAGE” camp, which will be organized for the tenth time worldwide and for the third time in Azerbaijan, aims to provide mentoring support to individual participants, teams, and companies interested in developing in the gaming sector. It will also create opportunities to expand the ecosystem through investments.

Over the past two years (2023–2024), a total of 442 applications have been received for the camp, with 192 participants selected to take part.

Those wishing to participate in “DIGIAGE – Baku 2025” can register until October 24, 2025.

🔗 Registration link: https://forms.gle/aVtVRL7Ah966Yrm18

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.