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.
INNOLAND resident "Enverson AI" has been awarded the “Dayaq” Prize!
With the support of the Ministry of Economy and organized by the Small and Medium Business Development Agency, the award ceremony for the “Dayaq” Prize was held under the motto “Strength Belongs to Business.” The most active entrepreneurs in various sectors of the economy for 2025 were recognized. The event included speeches by officials, a panel discussion on “2026: The Challenge of SMEs”, and the presentation of “Dayaq” prizes to 17 successful entrepreneurial entities in 2025. Among the awarded startups, "Enverson AI," a resident of the INNOLAND Incubation and Acceleration Center, was honored.
The aim of the “Dayaq” Prize is to widely recognize the achievements of entrepreneurs who are the backbone of the economy, promote business thinking, and further strengthen cooperation between the public and private sectors.
We congratulate the Enverson AI team and wish them even greater success!
In "INNOLAND" Incubation and Acceleration Center the seed round investment made into the "Nextsale" and "Whelp" startups, participants of the winter acceleration program of the SUP "Startap Accelerator.
The investment in these startups was implemented jointly by the "Azfinans" Investment Company, the "Next Step" Innovation Center and Khazar Ventures.
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?