Innoland | The seed round investment made into the Nextsale and Whelp startups

Incubation

We are supporting startups at early stages of their formation and developing, by using international experience of our mentors.

Hadoop user group meeting to be held in Azerbaijan

On March 10, 2019, the INNOLAND Incubation and Acceleration Center together with the Tech Academy will hold a meeting of the Hadoop user group in Azerbaijan.

Participation in the discussion of well-known foreign and local experts will focus on the application of Big Data Technologies, stages of Data Analytics and many other important issues.

Speakers of the event will be Abzetdin Adamov, Head of Data Analytics Center ADA University, Zekeriya Beşiroglu, Big Data Analyst at KOMTAŞ Information Management Center in Turkey, the Head of the Oracle Users Group and the winner of the “Oracle ACE Director” award.

"INNOLAND" and "Yeni Fikir" have signed a memorandum of cooperation

On March 17, memorandum of understanding signed between "Innovations Center" LLC (INNOLAND), which is subordinate to the State Agency for Citizens Service and Social Innovations under the President of The Republic of Azerbaijan, and “Yeni Fikir” LLC. The purpose of the Memorandum is to support entrepreneurship ecosystems for technological startups in our country and in the regions of Azerbaijan and to implement a high-level partnership that serves the needs of emerging (or other) technology entrepreneurs.

The document, along with the formation and development of technology entrepreneurship, also reflects cooperation issues related to the strengthening of business initiatives. Thus, the content of the Memorandum reflects the factors that are being estimated for the establishment and development of innovation ecosystems in our country, as well as business initiatives.

"Innovations Center" LLC (INNOLAND) cooperates with local and international organizations in accordance with the strategy of the development of innovation ecosystem in our country and in the region, as well as for the development of technology entrepreneurship (startups). As one of such organizations, "Yeni Fikir" LLC is one of the companies operating in the intellectual sector in Azerbaijan and having a specific role in the formation of startup culture.

Thus, the "Yeni Fikir" startup competition, which was held for the sixth time this year, is being implemented by "Yeni Fikir" LLC, sponsored by BP, the Baku Engineering University. The company "Yeni Fikir" cooperates with "Innovations Center" LLC (INNOLAND) in organizing the same startup competition. Five startup projects that will win the competition.

The development of five startup projects that will win the competition will also be supported at the Innoland Incubation and Acceleration Center.

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.

An online platform in the financial field that provides additional features based on customer data analysis

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AI-based business messenger to connect with customers everywhere: live chat, phone, email, and social

https://getwhelp.com/

Botbox is a platform for small and medium-sized businesses to seamlessly assist customers and automate business processes through the most popular messaging apps.

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Other news

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 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.

Registration is now open for the “Pre-seed and Seed Investment Readiness” program.

The program aims to prepare startups that already have a product and their first paying customers for investment in a short period of time and connect them directly with selected VCs. The process will be carried out through individual mentorship, a deep analytical approach, and the support of the AnalyzeWare platform.

A total of 5 startups will be selected. Within the program, they will shape their investment valuation, financial approach, and strategy over a period of 2–4 weeks. Notably, the selected startups will participate without any membership fee and will receive 12 months of free access to the AnalyzeWare Strategy package.

Application deadline: 14.02.2026

Registration link: https://forms.gle/BQBJ9fuxJoMU8TSr7

“Yay Fest 2025” — From Idea to Signature

“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.