A memorandum was signed between “Youth Inc.” and "INNOLAND" Incubation and Acceleration Center.
The memorandum was signed by the coordinator of the Entrepreneurial Program “Youth Inc.” Zaur Unsizade and the director of the “INNOLAND” Mamed Karim.
The memorandum is intended for mutual exchange and development of educational and practical methods of both centers.
Along with the exchange of experience and talents, joint demo-tours and training will be organized.
"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
The “Modern Education and Innovation” panel discussion was held at the Azerbaijan State Pedagogical University within the framework of the event organized in partnership between “INNOLAND” Incubation and Acceleration Center and the “ADPU Enactus” international program.
Before the panel discussion, Asaf Zamanov, Vice-Rector for Science and Innovation at ADPU; Laman Ahmadova, Advisor to the Director of the Innovation Center; Nicat Amiraslanov, Head of INNOLAND Incubation and Acceleration Center; and Zenfira Seyidova, Coordinator of the "ADPU ENACTUS" team, delivered speeches emphasizing the importance of implementing innovative approaches in education and the contribution of such events to the generation of new ideas.
The panel was moderated by Ziniddin Babayev, Deputy Head of the Project Management Department at the Innovation Center. Speakers included Ahmet Köse, Head of the "Bilim Azerbaijan" project; Khayala Fatullayeva, Head of the Digital Economy Department at the Center for Analysis and Coordination of the Fourth Industrial Revolution; Isa Gasimov, Head of the "Enterprise Azerbaijan" portal; Aytan Guliyeva-Rzayeva, Senior Training Specialist at the ASAN Innovative Development Center; and Mail Yagub, Head of the "Sociology Academy".
During their speeches, the speakers shared their views and experiences on the importance of applying innovative methods, digital tools, and startup culture in education. The event attracted great interest from young teachers and students, who engaged in extensive discussions and addressed questions to the panelists.
At the end, participants were awarded certificates.
Have you heard startups say, “we’re already in the acceleration stage”?
But what does acceleration mean?
Acceleration is the phase where startups that have tested their idea and are ready to grow gain speed.
At this stage, teams:
meet with investors
strengthen market strategies
refine sales and marketing plans
focus on realistic goals with mentor support
In simple terms, acceleration is the moment when a startup is not just starting, but preparing to grow.
What do you think is the most important factor for a startup at this stage — mentorship, market strategy, or investor support?