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.
Investor gözləntiləri, startapçı investor münasibətləri mövzusunda vebinarımız baş tutdu.
İnvestor, biznes kouçu və mentor Nuri Murat Avcının çıxışı ilə baş tutacaq vebinarımızda bu və digər aidiyyəti suallara ətraflı cavab verdi.
Vebinara qatılan iştirakçılar spikerin çıxışını böyük maraqla izlədi və öz suallarına cavab tapdı.
A meeting was held at the “Innovation Center” with representatives of the High Technologies Park.
Vusal Rustamov, Director of the “Innovation Center” of the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan, met with a delegation led by Nihat Majidov, Chief Executive Officer of the High Technologies Park of the Ministry of Science and Education.
During the meeting, the activities of the “Innovation Center” and the High Technologies Park, the “SABAH.city” innovation township project, as well as potential areas of cooperation were discussed.
The parties reviewed opportunities for joint activities aimed at the development of the innovation ecosystem, enhancing the knowledge and skills of young people in the field of high technologies, and supporting startup projects.
As part of the meeting, the guests also visited the “INNOLAND” Incubation and Acceleration Center, iLab, ASAN Innovative Development Center, and the “Bilim Azerbaijan” project.
They were provided with detailed information about the projects implemented by these centers, resident startups, and innovative initiatives.
From June 13 to 15, 2025, with the support of the Ministry of Youth and Sports of the Republic of Azerbaijan, the Youth Foundation, the Azerbaijan Student and Youth Organizations Union (ATGTI), and organized by Enactus Azerbaijan, the “Enactus Champions League Simulation Camp” was held.
As part of this special program aimed at developing young leaders, participants gained both theoretical knowledge and practical skills, taking another step closer to the world of entrepreneurship.
During the camp, participants took part in various training sessions and workshops on entrepreneurship, innovation, and project management, held with the support of the “Innovation Center.” Among the speakers were: Director of the INNOLAND Incubation and Acceleration Center, Nijat Amiraslanov, who delivered sessions on “Entrepreneurship and Innovation,” “Introduction to Social Entrepreneurship,” and “Presentation and Communication”; ASAN Innovative Development Center trainer, Nofal Aliyev, who presented the topic “Artificial Intelligence Tools in Startup Development”; and Deputy Head of the Project Management Department, Ziniddin Babayev, who conducted training on “Project Management and Strategy.” Through these sessions, participants not only gained up-to-date knowledge but also developed teamwork and strategic thinking skills.
Later, the simulation of the semifinal and final stages of the “Enactus National Competition” took place. Teams presented their projects, showcasing their knowledge and skills in a competitive environment.
Based on the simulation results, the winning teams were:
1st place – Azerbaijan Medical University
2nd place – Baku State University
3rd place – Lankaran State University
Congratulations to all the teams! We wish you continued success!