26 June, 2019

INNOLAND has started the selection for its first Incubation Program for the new center in Sheki!

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

  • over 18
  • basic level of English

 

Agenda:

Day 1: General Workshops

  • What is a startup?
  • How to come up with a startup idea?
  • Market Research: Why and How?
  • Value Proposition

 

Day 2: General Workshops

  • Business Model Canvas: Business Modelling, Business Planning
  • Lean Methodology
  • Pitching

 

Day 3: Start of Hackathon + Speakers

  • Startups from “INNOLAND“ Baku will share their entrepreneurial experience
  • Hackathon will be launched: Ideas put on voting, best 5-6 will be chosen for team forming with a goal to form a startup by the end of the Hackathon

 

Day 4: Teamwork + Mentoring

 

  • Selected teams will work on their projects with the support of “INNOLAND“ mentors + “INNOLAND“ Baku startups.

 

Day 5: Teamwork, Final Presentations + Winner Announcement

 

  • Half day: Continue teamwork
  • Half day: Final Presentations in front of the jury to determine the top 3 teams

For registration: http://bit.ly/2MWFSQX

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INNOLAND’s resident successfully represented at the Digital Startup Awards 2025!

INNOLAND’s resident successfully represented at the Digital Startup Awards 2025!

On December 12–13, the Grand Final of the international “Digital Startup Awards” program was held in Tashkent, jointly organized by the Ministry of Digital Technologies of the Republic of Uzbekistan, IT Park Uzbekistan and IT Park Ventures. The total prize fund of the program, one of the largest startup initiatives in the Central Eurasia region, amounted to 1 million USD.

Within the incubation program, our resident startup “Lingozy”, representing Azerbaijan, received a prize of 10,000 USD.

It should be noted that startups from Azerbaijan received a total of 70,000 USD in grants. In the acceleration program, the startup “Recepta” was awarded 50,000 USD, while “SnackPack AZ” earned 10,000 USD within the incubation program. Additionally, in the “Best Startup Project” category, Azerbaijani startups “StarkidStories” and “Tryverse” represented the country in the final stage. Other Azerbaijani startups that qualified for participation in the incubation program included “Crable”, “himate.az” and “OLSUN”.

The “Digital Startup Awards” program strengthened cooperation among regional startup ecosystems and contributed to increasing international recognition of Azerbaijani startups, opening new opportunities for their development.

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The delegation of "Innoland" had been on a business trip to Hungary

The delegation of INNOLAND Incubation and Acceleration Center attended the "NGO Digitalization" event in Hungary.

Director of INNOLAND Incubation and Acceleration Center Mammad Karimov spoke at the event.

The delegation also had meetings with the representers of the startup ecosystem in the events held in Budapest, Brussels, and Berlin.

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Meeting on “Special Regulatory Regime” for Fintech Startups Held

Meeting on “Special Regulatory Regime” for Fintech Startups Held

A meeting on the “Special Regulatory Regime,” which is of significant importance for the fintech ecosystem, was successfully held with the joint organization of the Central Bank of the Republic of Azerbaijan and the INNOLAND Incubation and Acceleration Center.

During the presentation, detailed information was provided on the purpose of the special regulatory regime, evaluation criteria for applications, and the pilot process, followed by extensive discussions in this direction. The session was both informative and practically useful for startups operating in the fintech sector.

Speakers:
• Sahib Hasanov– Head of Department, Central Bank of the Republic of Azerbaijan
• Vagif Guliyev– Senior Specialist, Central Bank of the Republic of Azerbaijan

The meeting included extensive discussions on existing opportunities for the fintech ecosystem, regulatory requirements, innovation regulation, and future cooperation prospects. A Q&A session was also organized for participants, during which current issues in the field were explained in detail.

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