“Yay Fest 2025” — From Idea to Signature

As part of “Yay Fest 2025,” a panel discussion titled “From Idea to Signature: Sovereign Thinking, Local Innovative Initiatives” was held with the participation of young attendees.

Speakers included Nicat Amiraslanov, Head of the “INNOLAND” Incubation and Acceleration Center, and Nofel Aliyev, trainer at the ASAN Center for Innovative Development.

During the panel, participants were provided with in-depth information on startup building, shaping successful ideas, and the role of artificial intelligence tools in this process. The session continued with an interactive discussion involving the youth.

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.

INNOLAND resident "Enverson AI" has been awarded the “Dayaq” Prize!

With the support of the Ministry of Economy and organized by the Small and Medium Business Development Agency, the award ceremony for the “Dayaq” Prize was held under the motto “Strength Belongs to Business.” The most active entrepreneurs in various sectors of the economy for 2025 were recognized. The event included speeches by officials, a panel discussion on “2026: The Challenge of SMEs”, and the presentation of “Dayaq” prizes to 17 successful entrepreneurial entities in 2025. Among the awarded startups, "Enverson AI," a resident of the INNOLAND Incubation and Acceleration Center, was honored.

The aim of the “Dayaq” Prize is to widely recognize the achievements of entrepreneurs who are the backbone of the economy, promote business thinking, and further strengthen cooperation between the public and private sectors.

We congratulate the Enverson AI team and wish them even greater success!