25 March, 2019

The seed round investment made into the Nextsale and Whelp startups

In "INNOLAND" Incubation and Acceleration Center the seed round investment made into the "Nextsale" and "Whelp" startups, participants of the winter acceleration program of the SUP "Startap Accelerator.

The investment in these startups was implemented jointly by the "Azfinans" Investment Company, the "Next Step" Innovation Center and Khazar Ventures.

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The winning teams of “EESTech Challenge Baku’25” will represent our country at the international final!

The winning teams of the “EESTech Challenge Baku’25” competition will represent our country at the international final!

The “EESTech Challenge Baku’25” was organized by EESTEC JLC Baku, with the support of the “INNOLAND” Incubation and Acceleration Center, the “STEAM Azerbaijan” project, and the “Bir Könüllü” Student Cooperation Public Union.

The main purpose of the competition is to promote innovative thinking and technical approaches to solving real-world problems among students studying engineering and seeking to enhance their knowledge and skills in this field.

The competition received more than 100 applications, from which 10 teams — a total of 30 participants — were selected. They demonstrated their knowledge and skills in creatively solving various technological challenges. As a result, the team “AirVive” took first place, and the team “Montyorlar” took second place.

The winning teams will represent Azerbaijan at the international final of the “EESTech Challenge”, to be held on May 13–16, 2025, in Trieste, Italy.

It should be noted that the “EESTech Challenge” is an international competition held in various cities across Europe and aims to foster the development of engineering and innovation among young technology enthusiasts.

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INNOLAND resident “KidFi” represented Azerbaijan at Web Summit Qatar 2026

 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.

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“ASAN Service” at the “Take Off Istanbul 2025” Startup Summit

“ASAN Service” at the “Take Off Istanbul 2025” Startup Summit

On December 10–11, 2025, a delegation from the Innovation Center of the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan participated in the international “Take Off Istanbul 2025” startup summit held in Istanbul, Turkey.

At the event, where “ASAN Service” is a partner, Azerbaijan was represented with its national stand. The stand showcased the Innovation Center, ASAN AI Hub, resident startups of the INNOLAND Incubation and Acceleration Center, as well as promising local startups representing the innovation ecosystem, including Enverson AI, Convitsa, Polygraf AI, Speakday, IOMETE, Qmeter, Tryverse, and StarKidStories.

During the two-day summit, the Azerbaijan stand was visited by Selcuk Bayraktar, Technical Director of Baykar, İrem Bayraktar Aksakal, Director of the Take Off Girişim Summit, as well as investors and other key participants of the innovation ecosystem. The startups’ activities were closely reviewed, and potential collaboration opportunities were discussed.

On the second day of the event, Vusal Rustamov, Director of the Innovation Center, spoke at a panel discussion on “Regional Startup Ecosystem: Azerbaijan, Bangladesh, Turkey” held within the framework of “Take Off Istanbul 2025.”

This year, the “Take Off Istanbul” summit brought together more than 500 startups from 40 countries, over 250 investors, 75 stakeholders, and 11 sponsoring organizations.

The summit is organized within the framework of TEKNOFEST, initiated by the T3 Foundation, the Ministry of Industry and Technology of the Republic of Turkey, and the Investment and Finance Office of the Presidential Administration. It functions as one of the region’s largest innovation and startup platforms, creating a favorable and barrier-free environment for innovation by bringing together entrepreneurs, mentors, venture capital representatives, and companies.

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