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.
Our residents — startups "Convitsa", “DoVotes”, and "Enverson" — will take part in the 1st Azerbaijan International Investment Forum.
This forum brings together entrepreneurs, investors, and innovative projects from around the world to discuss Azerbaijan’s investment environment, new opportunities, and future collaborations.
We wish our teams the best of success!
“INNODOST” – Innovation and Startup Program. Organized by the "Volunteer DOST" program and in partnership with the "INNOLAND" Incubation and Acceleration Center, the “INNODOST” 3-module program was successfully completed within the framework of the “Volunteer Clubs” project. Under the presentation of Nijat Amiraslanov, Director of the "INNOLAND" Incubation and Acceleration Center, training sessions were held over 3 days as part of the modules. Participants gained valuable knowledge about the innovation ecosystem, creative thinking, startup development, and entrepreneurship skills.
The Final Stage of the “HER IT Journey 3” Project Successfully Concluded with the Support of INNOLAND
On June 24, 2025, the official final event of the “HER IT Journey 3” project was held with the support of the INNOLAND Incubation and Acceleration Center and implemented by “SAFAVY” LLC, a resident startup of the center.
Between March 15 and June 15, within the scope of the project, 20 female participants selected from various regions of Azerbaijan received hybrid-format training on “Digital Marketing and Branding,” “Graphic Design,” and soft skills. Throughout the program, participants also had the opportunity to meet renowned experts in the field and exchange experiences.
The “HER IT Journey” initiative aims to further develop the digital skills of women living in regions, belonging to socially vulnerable groups, or engaged in entrepreneurship, and to integrate them more actively into the ICT sector.
It should be noted that “SAFAVY” LLC has been operating for over four years as the first local educational platform awarded with a Startup Certificate in the country. The “HER IT Journey” project is one of the company’s consistent and impactful social initiatives promoting active participation of women in technology. PAŞA Holding’s financial support has made a significant contribution to the project’s implementation.