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.

“Polygraf AI” has secured a $9.5 million investment!

Based in the United States, “Polygraf AI” has gained the trust of international investors, becoming one of the most successful startups in the field of artificial intelligence.

The company provides AI-powered solutions for risk detection, fraud prevention, and data integrity protection for enterprises.

With this investment, “Polygraf AI” will accelerate product development and further strengthen its position in global markets.

We sincerely congratulate the “Polygraf AI” team!

The 2nd Youth Networking Forum Took Place

On August 31, 2025, the opening ceremony of the “2nd Youth Networking Forum for Youth in Support of the Sustainable Development Goals” was held at the “INNOLAND” Incubation and Acceleration Center. The event began with the State Anthem of the Republic of Azerbaijan, followed by a one-minute silence in memory of our martyrs.

The purpose of the forum was to promote networking among youth and knowledge exchange on innovation and the Sustainable Development Goals. Within the framework of the forum, opening speeches, panel discussions, and team-building games were organized. Participants, representatives of government bodies, and innovation centers came together to discuss new opportunities for collaboration.

During the opening panel, the project manager Nigar Isgandarova spoke about the essence of the event and the panel discussions awaiting guests. Speeches were also delivered by Rustam Hasanov, Adviser to the Minister of Ecology and Natural Resources; Seyfur Hacimuradov, representative of the Youth Foundation of the Republic of Azerbaijan; Vurgun Hajiyev, Adviser to the Board of the Innovation and Digital Development Agency; Nigar Khidirova from the Agrarian Innovation Center; Nicat Amiraslanov, Director of the “INNOLAND” Incubation and Acceleration Center; and Etibar Khidirov, Head of the Supportive Community Center and expert of the “SDG Youth Community” initiative group.

The forum began with the first panel on “Digital Development Agenda: SDGs in the Era of Innovation,” moderated by PhD candidate Mirlazim Dadashov from Bahçeşehir University. Panelists Samir Qadirov, Community Head at SABAH.HUB Innovation Center; Nurlan Ahmadov, lecturer at Baku State University; Tural Rahimov, Digital Media Planner at Universal McCann Azerbaijan; and Vurgun Hajiyev, Adviser to the Board of the Innovation and Digital Development Agency, discussed the impact of digital development on SDGs.

The second panel, titled “Digital Development and New Approaches in Management,” was moderated by business development expert Rashid Bayramli. Panelists included ERP systems expert Aytan Vahidova, transport expert Rauf Agamirzayev, Head of Department at the Social Research Center Seymur Aliyev, and IT management expert Serkhan Talibzade, who presented modern approaches applied in digital management.

Following the panels, a team-building game was organized, moderated by Hunar Alkhanov, member and Communications Manager of the National Board of ESN Azerbaijan. Participants also discussed collaboration opportunities with various organizations during networking breaks.

The event concluded with an awards ceremony and commemorative photographs.