The resident startup "Tada!" from "INNOLAND" was awarded 2nd place among 120 startups and 428 young participants. 
As a result of the collaboration between "STARBUCKS FOUNDATION" and "Alshaya Group" with the "Habitat" Association, the final stage of the "EmpowerMe Youth Program," covering 120 startups and 428 youth across Eurasia, took place. 
At the program’s final stage, 8 teams had the opportunity to present their business ideas at the "EmpowerMe Demo Day" held in Turkey.
The winners with their innovative solutions were the teams "Tada!" (Azerbaijan), "LumoGluco" (Turkey), and "Nauanix" (Kazakhstan). 
We congratulate our startup team and wish them 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

On January 10, 2019, Memorandum of Understanding was signed between INNOLAND Incubation and Acceleration Center, Next Step Innovation Center and SUP Startap Accelerator.

The memorandum covers joint cooperation on the promotion of Incubation and Acceleration projects, the provision of co-working services, and the conduct of educational programs for startups. It also includes an exchange of information and involvement in the organization of other mutual events to attract local and foreign investors.

The importance of the incubation service in establishing a sustainable startup ecosystem in our country, as well as the role of the acceleration service in shaping new national startup brands outside the country.