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.

In partnership with the INNOLAND Incubation and Acceleration Center, the “Innovation and Creativity Forum” was held at the Heydar Aliyev Center in Ganja.

The forum was jointly organized by the 2nd Ganja Regional ASAN Service Center, the Ganja-Dashkasan Regional Office of the Youth Development and Career Center, the Heydar Aliyev Center of Ganja, and the Ganja STEAM Center. Its aim was to support the development of innovative thinking and technological knowledge among young people.

Within the framework of the forum, with the participation of about 200 young people, panel discussions were held on the topics: “Startup Ecosystem – Global and Local Approaches,” “Artificial Intelligence: A New Form of Thinking,” and “Robots on Stage – The Union of Creativity and Technology.”

The discussions featured contributions from the Director of the INNOLAND Incubation and Acceleration Center, Nijat Amiraslanov, and the Deputy Head of the Project Management Department, Ziniddin Babayev, who shared their knowledge and experience with the participants.

The event concluded with official speeches and an award ceremony.

Final stage of the “45 Minutes Startup” Olympiad held at “INNOLAND”

The final stage of the “45 Minutes Startup” Olympiad, organized jointly by the “INNOLAND” Incubation and Acceleration Center and “Taskool” for 8th–11th grade students, has been successfully held.
The final took place within the framework of the “Startup School” program by “Taskool,” a resident of “INNOLAND.” In 2025, out of 147 applications submitted to the “Startup School” program, 110 participants started the training, and 58 successfully completed it, forming 13 teams across 7 main fields.
The program, aimed at developing entrepreneurship skills and financial literacy at a global level, engaged participants in working on real business ideas and presenting their startup projects. With the support of experienced mentors, the projects covered areas such as Artificial Intelligence, FinTech, GreenTech, HealthTech, AgriTech, Gaming, and E-commerce.
In the final stage, 13 teams captured the jury’s attention with their innovative ideas, creative approaches, and presentation skills. As a result, the startup projects of the “Speacdeaf,” “Tutor AI,” and “Mindmark” teams were highly evaluated and declared winners. All participants who successfully completed the program received certificates.
The “Startup School” program builds a strong foundation for Azerbaijan’s future startup leaders and promotes innovation culture across the country.