With the support of the Innovation and Digital Development Agency (IRIA) and organized by SUP VC, a panel discussion titled INNOSTART on the topic “Support for Azerbaijani Startups” was held at Nakhchivan State University.

The panel featured Nijat Amiraslanov, Head of the “INNOLAND” Incubation and Acceleration Center, Mubariz Shahbazli, Director of the UNEC Incubation Center, and Huseyn Asgarli, Head of the IT Department of NSU, as speakers. The main purpose of the panel was to familiarize young people in the region with innovation and startup opportunities and to encourage them to engage in this field. During the panel, there was a broad exchange of views on state support mechanisms for startups, investment opportunities, and the innovation environment

From June 13 to 15, 2025, with the support of the Ministry of Youth and Sports of the Republic of Azerbaijan, the Youth Foundation, the Azerbaijan Student and Youth Organizations Union (ATGTI), and organized by Enactus Azerbaijan, the “Enactus Champions League Simulation Camp” was held.

As part of this special program aimed at developing young leaders, participants gained both theoretical knowledge and practical skills, taking another step closer to the world of entrepreneurship.

During the camp, participants took part in various training sessions and workshops on entrepreneurship, innovation, and project management, held with the support of the “Innovation Center.” Among the speakers were: Director of the INNOLAND Incubation and Acceleration Center, Nijat Amiraslanov, who delivered sessions on “Entrepreneurship and Innovation,” “Introduction to Social Entrepreneurship,” and “Presentation and Communication”; ASAN Innovative Development Center trainer, Nofal Aliyev, who presented the topic “Artificial Intelligence Tools in Startup Development”; and Deputy Head of the Project Management Department, Ziniddin Babayev, who conducted training on “Project Management and Strategy.” Through these sessions, participants not only gained up-to-date knowledge but also developed teamwork and strategic thinking skills.

Later, the simulation of the semifinal and final stages of the “Enactus National Competition” took place. Teams presented their projects, showcasing their knowledge and skills in a competitive environment.

Based on the simulation results, the winning teams were:
1st place – Azerbaijan Medical University
2nd place – Baku State University
3rd place – Lankaran State University

Congratulations to all the teams! We wish you continued success!

"INNOLAND" Incubation and Acceleration Center of the State Agency for Citizen Services and Social Innovations under the President of Azerbaijan will start a Joint Acceleration Program with AzerGold CJSC. The goal is to bring together the precious metal industry's most emerging startups to stimulate inter-industry innovation, increase the effectiveness of processes and establish a new standard for this industry in Azerbaijan and the region. 

The startups eligible for this batch can be focused on:

• optimizing processes

• enhancing capabilities

• enhancing skills

• utilizing leading technologies

 within the precious metal industry and provide solutions that can be adapted to the needs of AzerGold CJSC. 

Along with innovative solutions for the precious metal industry, startups can offer solutions suitable for AzerGold’s organizational needs including:

• Mining

• Industrial

• Geology

• HR 

• Database / Digitalization

• Legal

• Finance

• Ecology

• HSE, etc

Criteria 

Other than being relevant to AzerGold CJSC’s activities, the selection criteria include:

1.Team: Minimum 2 People (No solo founders)

2. Minimum physical full-time presence on-site 1 Team member with good knowledge of English

3. Product: Developed or are developing a minimum viable product (MVP), Proof of concept

4. Market: Identified market and target segments

5. Pitch Deck needed 

6. Qualification and experience in the field of precious metals will be considered as a big advantage

7. Research for export opportunities and readiness to enter new markets

For registration: https://forms.gle/8YqYx6mh6d1J7sXd8