The opening ceremony of the SID project, implemented under the slogan “Your idea is supported” with the support of the INNOLAND Incubation and Acceleration Center, has been held.

The SID project not only promotes the development of creative initiatives but also contributes to optimizing operations at OBA, implementing innovative solutions, and overall diversifying Azerbaijan’s startup ecosystem.

The opening ceremony was attended by senior representatives of Veysəloğlu Group of Companies and the Director of the Innovation Center under the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan, Vusal Rustamov.

Speaking about the project, Vusal Rustamov stated that the Innovation Center is ready to share its resources in order to create an effective incubation environment for the 33 selected startups. He emphasized that this cooperation is a bright example of public-private partnership and highly appreciated OBA’s initiative.

It should be noted that a total of 183 teams applied for the project, and 33 of the most promising teams were selected for the next stage.

Within the framework of the project, a total prize fund of 10,000 AZN has been allocated.

🚀 The 5th TUSI at the Academy of the State Customs Committee 

During the information session, students were introduced to the incubation program and received information about developing a startup idea, building a team, and the opportunities offered within the program. Participants’ questions were also addressed during the meeting. 

You can also join the incubation program — register right now:
https://gub.icenter.az/home

 Within the program, participants will:
• Gain practical knowledge to develop their startup ideas
• Benefit from trainings and mentorship support from industry experts
• Receive guidance on transforming their projects into a product or service
• Build new connections and collaboration opportunities within the startup ecosystem

If you want to bring your innovative ideas to life and take your first step into the startup world, join our program! 

 INNOLAND resident “KidFi” represented Azerbaijan at Web Summit Qatar 2026.
Our resident “KidFi” took part in the international technology event Web Summit Qatar 2026, held in Doha from February 1–4, successfully representing Azerbaijan.

What did “KidFi” present on the global stage?

• Innovative solutions in the EdTech and FinTech sectors,

• A financial literacy platform with more than 240 videos,

• A modern and interactive learning model designed for children.

Web Summit Qatar 2026 served as an important platform for “KidFi” to strengthen its international visibility, establish new partnerships, and integrate into the global ecosystem.

It should be noted that the event brought together more than 30,000 participants, over 1,600 startups, and hundreds of investors and industry leaders.