On January 10, 2019, Memorandum of Understanding was signed between INNOLAND Incubation and Acceleration Center, Next Step Innovation Center and SUP Startap Accelerator.
The memorandum covers joint cooperation on the promotion of Incubation and Acceleration projects, the provision of co-working services, and the conduct of educational programs for startups. It also includes an exchange of information and involvement in the organization of other mutual events to attract local and foreign investors.
The importance of the incubation service in establishing a sustainable startup ecosystem in our country, as well as the role of the acceleration service in shaping new national startup brands outside the country.
The opening ceremony of the SID project, implemented under the slogan “Your idea is supported” with the support of the INNOLAND Incubation and Acceleration Center, has been held.
The SID project not only promotes the development of creative initiatives but also contributes to optimizing operations at OBA, implementing innovative solutions, and overall diversifying Azerbaijan’s startup ecosystem.
The opening ceremony was attended by senior representatives of Veysəloğlu Group of Companies and the Director of the Innovation Center under the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan, Vusal Rustamov.
Speaking about the project, Vusal Rustamov stated that the Innovation Center is ready to share its resources in order to create an effective incubation environment for the 33 selected startups. He emphasized that this cooperation is a bright example of public-private partnership and highly appreciated OBA’s initiative.
It should be noted that a total of 183 teams applied for the project, and 33 of the most promising teams were selected for the next stage.
Within the framework of the project, a total prize fund of 10,000 AZN has been allocated.
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
Agenda:
Day 1: General Workshops
Day 2: General Workshops
Day 3: Start of Hackathon + Speakers
Day 4: Teamwork + Mentoring
Day 5: Teamwork, Final Presentations + Winner Announcement
For registration: http://bit.ly/2MWFSQX
A “Youth Camp” has been organized for the children of martyrs.
Within the framework of the project, the INNOLAND Incubation and Acceleration Center conducted a series of educational and practical sessions for children of martyrs aged 7–23.
During the “Urban Planning Creativity” activity, teams used the provided materials to design and present innovative city models. Trainings on innovation and idea generation were also organized. Participants joined interactive sessions on the concept of startups, idea development, and presentation skills.
Throughout the program, young participants enhanced their creative thinking, problem-solving, and effective idea presentation skills.
The project was organized by the YAŞAT Fondu and the Ministry of Youth and Sports of the Republic of Azerbaijan, with the support of the Goranboy District Executive Authority, the ASAN Könüllüləri Təşkilatı, the INNOLAND İnkubasiya və Akselerasiya Mərkəzi, the Baku Psychology Center, and the Azerbaijan Human Resources Association.
The “Youth Camp” is regarded as an important platform for unlocking young people’s potential and positively guiding their future educational and career choices.