The delegation of Startup Estonia and the “Garage 48” Acceleration Center, established upon the initiative of the Estonian government, got acquainted with the “INNOLAND” Incubation and Acceleration Center of the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan.

Wide information on operating Co-working, Incubation, Acceleration and IT Training, as well as the startups residing within the center, was delivered to the guests.

Then, the Memorandum of Collaboration was signed between parties.

The Memorandum of Cooperation involves the establishment of an entrepreneurial support ecosystem as well as the creation and development of investor opportunities in the relevant regions for local technology startups. Furthermore, it covers the adoption of mutually agreed measures such as an effective exchange of incubation and acceleration programs and exchange of information on the attraction of local and foreign investors and etc.

According to the agreement reached within the memorandum signed with the "Startup Estonia" Center, the initial assessment of the regional applications sent to the “Startup Estonian Visa” program will be implemented in Azerbaijan. Startups applied to the relevant program from the regional countries such as Russia, Georgia, Mongolia, Iran, and Afghanistan will be initially assessed by the “INNOLAND” Incubation and Acceleration Center. Only startups that have successfully completed the initial stage will be able to move to the next stage of the program. This will play a significant role in attracting regional start-ups and projects to our country and increasing the success potential of the startup ecosystem.

The “Startup Estonian Visa” Program was established in 2017 on the joint initiative of the Estonian Startup Committee and the Ministry of Internal Affairs of Estonia. The main goal of the program is to facilitate the entry of successful startups and projects of non-EU countries to Estonia. Thus, successful startups sent their applications to the “Startup Estonian Visa” Program are provided with a special code through which the applicants and their team members may obtain a permit to live up to 5 years in Estonia.

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.

30 avqust tarixində "INNOLAND" İnkubasiya və Akselerasiya Mərkəzində "Nextstep" İnnovasiya Mərkəzinin tərəfdaşlığı, Asiya İnkişaf Bankının Asiya Regional İqtisadi Əməkdaşlıq Proqramının (CAREC) dəstəyi ilə Azərbaycan, Qazaxıstan və Özbəkistanda fəaliyyət göstərən startapçılar üçün "Demo Day" təşkil olunub.

Məqsəd investorlarla potensial startapları bir araya gətirərmək, innovasiya ekosisteminə inteqrasiyanı, yerli və regional startaplara sərmayə yatırmalarını təşkil etməkdir.

Hər birində 3 gün olmaqla Qazaxıstan, Özbəkistan və Azərbaycanda baş tutan butkampların yekunu olaraq keçirilən tədbirdə həm yerli, həm də beynəlxalq investorlar, iştirakçılar arasından seçilmiş 5 startap və “INNOLAND"in rezidentləri iştirak ediblər.

Çıxışçılar ekosistem nümayəndələrinə layihələrinin komponentləri, gedişatı və növbəti mərhələləri, zəruri investisiya ehtiyacları barədə məlumat verib və onlarla birgə iş mexanizmləri haqqında müzakirələr aparıblar.

Layihə Koreya Respublikasının “e-Asiya” və “Bilik Tərəfdaşlığı” Fondu tərəfindən maliyyələşdirilib.