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.

 

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A $1 Million Prize Pool Awaits You!

A $1 Million Prize Pool Awaits You!

Registration is now open for the "Digital Startup Awards" international competition, held in partnership with INNOLAND!

Digital Startup Awards is an international competition and development program aimed at boosting innovation and startup ecosystems across Central Asia, the Caucasus, and Mongolia.

Azerbaijani startups can apply in 3 exciting tracks:

🔹 Best Startup Project
For officially registered startups at the Seed or Series A stage.

🔹 Acceleration Program
For startups with at least 3 months of sales.
Participation of at least one team member is required (costs covered from September to December).

🔹 Incubation Program
For teams with an MVP or working prototype.
Official registration is required.

Winners will gain access to major opportunities and global recognition!

 Learn more and register at: startupbase.uz/en/digital-startup-awards

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As part of the “Explore & Connect” project by the “CAVAN” youth movement, an info tour was organized at “INNOLAND"

As part of the “Explore & Connect” project by the “CAVAN” youth movement, an info tour was organized at “INNOLAND.”

First, the participants were introduced to the center and our resident “iLab.” Afterwards, they got acquainted with the innovative startups operating in the center and learned more about their working principles and projects.

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A meeting was held at the “Innovation Center” with representatives of the High Technologies Park

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.

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