On March 17, memorandum of understanding signed between "Innovations Center" LLC (INNOLAND), which is subordinate to the State Agency for Citizens Service and Social Innovations under the President of The Republic of Azerbaijan, and “Yeni Fikir” LLC. The purpose of the Memorandum is to support entrepreneurship ecosystems for technological startups in our country and in the regions of Azerbaijan and to implement a high-level partnership that serves the needs of emerging (or other) technology entrepreneurs.
The document, along with the formation and development of technology entrepreneurship, also reflects cooperation issues related to the strengthening of business initiatives. Thus, the content of the Memorandum reflects the factors that are being estimated for the establishment and development of innovation ecosystems in our country, as well as business initiatives.
"Innovations Center" LLC (INNOLAND) cooperates with local and international organizations in accordance with the strategy of the development of innovation ecosystem in our country and in the region, as well as for the development of technology entrepreneurship (startups). As one of such organizations, "Yeni Fikir" LLC is one of the companies operating in the intellectual sector in Azerbaijan and having a specific role in the formation of startup culture.
Thus, the "Yeni Fikir" startup competition, which was held for the sixth time this year, is being implemented by "Yeni Fikir" LLC, sponsored by BP, the Baku Engineering University. The company "Yeni Fikir" cooperates with "Innovations Center" LLC (INNOLAND) in organizing the same startup competition. Five startup projects that will win the competition.
The development of five startup projects that will win the competition will also be supported at the Innoland Incubation and Acceleration Center.
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.
Rezident startaplarımız "İnsan Resursları və İdarəetmə Forumu"nda iştirak ediblər
Safavy, Taskilled və Eduaz startaplarımız Azərbaycan Respublikasının Vətəndaşlara Xidmət və Sosial İnnovasiyalar üzrə Dövlət Agentliyinin ASAN İnnovativ İnkişaf Mərkəzinin təşkilatçılığı ilə Ümummilli lider Heydər Əliyevin 100 illik yubileyinə və peşəkar idarəçilik yoluna həsr olunmuş forumda iştirak ediblər.
Are you ready to leverage LinkedIn more powerfully for your startup?
"INNOLAND" invites startup teams to a free webinar:
“Discover the Power of LinkedIn: Next-Gen Approaches to Personal Branding and Sales”
Join Tunahan Tolga Yıldız, Founder of the SaaS GTM Accelerator TechSales, and learn:
how to optimize your LinkedIn profile for startups
how to build a strong personal brand and develop content habits
how to use outbound and account-based marketing (ABM) strategies in sales
how to make the most of Sales Navigator
October 2, 2025
17:00
Online – Free participation
Register here: https://dovotes.com/form/innoland-survey
Don’t miss the chance to unlock LinkedIn’s full potential for your startup’s growth!