11 April, 2019

"INNOLAND" and "Yeni Fikir" have signed a memorandum of cooperation

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.

 

Read more

Other news

innoland news image

Polygraf AI, which has grown through INNOLAND, has achieved a remarkable success!

Polygraf AI, which has grown through INNOLAND, has achieved a remarkable success!

Selected as the winner of the “Road to TechCrunch Battlefield 200” competition organized by the Silkroad Innovation Center, Polygraf AI stood out among more than 400 startups from Central Asia, the Caucasus, and Turkey, earning a direct ticket to the TechCrunch 2025 finals! 

This achievement continues the company’s streak of successes. Previously, Polygraf AI had also won the SXSW Pitch and SummerFest Tech competitions held in the USA.

The platform protects organizations’ data security, detects deepfake audio and fake content, and prevents confidential information from leaking into AI tools.

We sincerely congratulate the team and wish them even greater victories in the future!

Read more
innoland news image

The winning teams of “EESTech Challenge Baku’25” will represent our country at the international final!

The winning teams of the “EESTech Challenge Baku’25” competition will represent our country at the international final!

The “EESTech Challenge Baku’25” was organized by EESTEC JLC Baku, with the support of the “INNOLAND” Incubation and Acceleration Center, the “STEAM Azerbaijan” project, and the “Bir Könüllü” Student Cooperation Public Union.

The main purpose of the competition is to promote innovative thinking and technical approaches to solving real-world problems among students studying engineering and seeking to enhance their knowledge and skills in this field.

The competition received more than 100 applications, from which 10 teams — a total of 30 participants — were selected. They demonstrated their knowledge and skills in creatively solving various technological challenges. As a result, the team “AirVive” took first place, and the team “Montyorlar” took second place.

The winning teams will represent Azerbaijan at the international final of the “EESTech Challenge”, to be held on May 13–16, 2025, in Trieste, Italy.

It should be noted that the “EESTech Challenge” is an international competition held in various cities across Europe and aims to foster the development of engineering and innovation among young technology enthusiasts.

Read more
innoland news image

Our residents — startups "Convitsa", “DoVotes”, and "Enverson" — will take part in the 1st Azerbaijan International Investment Forum

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! 

Read more