The delegation of Startup Estonia and the “Garage 48” Acceleration Center, established upon the initiative of the Estonian government, got acquainted with the “INNOLAND” Incubation and Acceleration Center of the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan.

Wide information on operating Co-working, Incubation, Acceleration and IT Training, as well as the startups residing within the center, was delivered to the guests.

Then, the Memorandum of Collaboration was signed between parties.

The Memorandum of Cooperation involves the establishment of an entrepreneurial support ecosystem as well as the creation and development of investor opportunities in the relevant regions for local technology startups. Furthermore, it covers the adoption of mutually agreed measures such as an effective exchange of incubation and acceleration programs and exchange of information on the attraction of local and foreign investors and etc.

According to the agreement reached within the memorandum signed with the "Startup Estonia" Center, the initial assessment of the regional applications sent to the “Startup Estonian Visa” program will be implemented in Azerbaijan. Startups applied to the relevant program from the regional countries such as Russia, Georgia, Mongolia, Iran, and Afghanistan will be initially assessed by the “INNOLAND” Incubation and Acceleration Center. Only startups that have successfully completed the initial stage will be able to move to the next stage of the program. This will play a significant role in attracting regional start-ups and projects to our country and increasing the success potential of the startup ecosystem.

The “Startup Estonian Visa” Program was established in 2017 on the joint initiative of the Estonian Startup Committee and the Ministry of Internal Affairs of Estonia. The main goal of the program is to facilitate the entry of successful startups and projects of non-EU countries to Estonia. Thus, successful startups sent their applications to the “Startup Estonian Visa” Program are provided with a special code through which the applicants and their team members may obtain a permit to live up to 5 years in Estonia.

The semifinal stage of the “Digital Startup Awards” competition has been held in Azerbaijan

In partnership with “INNOLAND” Incubation and Acceleration Center and “Sabah Hub,” the Azerbaijani semifinal of the international “Digital Startup Awards” competition in the “Best Startup Project” category was successfully held.

Twenty innovative startup projects representing Azerbaijan took part in the semifinal. The startup teams presented their projects to the jury, where they were evaluated based on criteria such as business model, technological innovation, and market potential.

The “Digital Startup Awards” program is an international initiative that fosters a multi-level development mechanism within the region’s startup ecosystem and is distinguished by its stage-based selection process. In the “Best Startup Project” category—one of the three main stages of the program—two projects, “StarKidsStories” and “Tryverse,” were announced as winners.

“StarKidsStories” is an innovative startup that creates personalized children’s storybooks using artificial intelligence technologies. The project stands out for its scalable model and strong profit potential.

“Tryverse” is a platform that combines 3D and augmented reality (AR) technologies to enhance online sales of physical products.

These two startup projects have earned the opportunity to represent Azerbaijan in the international final to be held in Uzbekistan, where they will compete with the most promising startups from nine countries.

Overall, more than 150 startups from Azerbaijan applied for the competition. The “Digital Startup Awards” program is organized by “StartupBase,” an innovation platform of IT Park Uzbekistan. The program aims to promote digital innovation, support the development of the startup ecosystem across Central Asia and the Caucasus, and create opportunities for young entrepreneurs to gain international recognition.

30 avqust tarixində "INNOLAND" İnkubasiya və Akselerasiya Mərkəzində "Nextstep" İnnovasiya Mərkəzinin tərəfdaşlığı, Asiya İnkişaf Bankının Asiya Regional İqtisadi Əməkdaşlıq Proqramının (CAREC) dəstəyi ilə Azərbaycan, Qazaxıstan və Özbəkistanda fəaliyyət göstərən startapçılar üçün "Demo Day" təşkil olunub.

Məqsəd investorlarla potensial startapları bir araya gətirərmək, innovasiya ekosisteminə inteqrasiyanı, yerli və regional startaplara sərmayə yatırmalarını təşkil etməkdir.

Hər birində 3 gün olmaqla Qazaxıstan, Özbəkistan və Azərbaycanda baş tutan butkampların yekunu olaraq keçirilən tədbirdə həm yerli, həm də beynəlxalq investorlar, iştirakçılar arasından seçilmiş 5 startap və “INNOLAND"in rezidentləri iştirak ediblər.

Çıxışçılar ekosistem nümayəndələrinə layihələrinin komponentləri, gedişatı və növbəti mərhələləri, zəruri investisiya ehtiyacları barədə məlumat verib və onlarla birgə iş mexanizmləri haqqında müzakirələr aparıblar.

Layihə Koreya Respublikasının “e-Asiya” və “Bilik Tərəfdaşlığı” Fondu tərəfindən maliyyələşdirilib.