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.
10th-grade students of “ADA School” visited the “INNOLAND” Incubation and Acceleration Center for an information session.
During the meeting, participants were provided with detailed information about the startup ecosystem, the development of innovative projects, entrepreneurial skills, and career opportunities. The activities of the center, as well as the stages of its incubation and acceleration programs, were also presented.
During the interactive information session, students became familiar with real projects and the idea development process, and exchanged ideas with mentors. Participants’ questions were answered, and existing opportunities in the fields of technology, innovation, and business were explained.
"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
A meeting was held between the "Innovations Center" and Georgia's Innovation and Technology Agency
On April 7, a meeting took place between the "Innovations Center" of the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan and the Innovation and Technology Agency operating under the Ministry of Economy and Sustainable Development of the Republic of Georgia. During the meeting, Vusal Rustamov, Director of the "Innovations Center," provided detailed information regarding the center's core activities, the innovation ecosystem, startup support, as well as ongoing innovation-oriented initiatives and achievements.
Within the framework of the meeting, the parties familiarized themselves with each Other's fields of activity and discussed opportunities for cooperation in the field of social innovations. At the same time, the potential for implementing joint projects and strengthening collaboration within international programs was reviewed.
The guests also visited and learned about the activities of the ASAN Service center, "INNOLAND" Incubation and Acceleration Center, the "ABAD" public legal entity, and the "Bilim Baku" (Bilim Azerbaijan) center.