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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Other news

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Have you heard startups say, “we’re already in the acceleration stage”?

Have you heard startups say, “we’re already in the acceleration stage”? 
But what does acceleration mean?

Acceleration is the phase where startups that have tested their idea and are ready to grow gain speed.

At this stage, teams:
meet with investors
strengthen market strategies
refine sales and marketing plans
focus on realistic goals with mentor support

In simple terms, acceleration is the moment when a startup is not just starting, but preparing to grow

What do you think is the most important factor for a startup at this stage — mentorship, market strategy, or investor support?

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Students of "Kiber One Baku International IT School" visited INNOLAND

Students of "Kiber One Baku – International IT School" visited INNOLAND. The students became closely acquainted with the INNOLAND Incubation and Acceleration Center, discovering the innovation and startup ecosystem in our country. They received detailed information about the center’s goals and services, directly communicated with resident startups, asked questions, and explored real projects. As part of the visit, the children also observed the activities of the iLAB innovation laboratory, where they saw the process of turning creative ideas into prototypes.

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Within the framework of the “Startup, Innovation and Support” program, a project of the “OBA” supermarket chain, the Innovation Solutions Marathon has been launched.

Within the framework of the “Startup, Innovation and Support” program, a project of the “OBA” supermarket chain, the Innovation Solutions Marathon has been launched.


The opening event of the marathon’s first week took place in the building of the INNOLAND Incubation and Acceleration Center with its support. The event brought together participating teams, mentors, and project managers.


First, the program’s roadmap was presented, followed by “SpeedDate” format meetings with mentors.


Continuing the event, the head of the INNOLAND Incubation and Acceleration Center, Nicat Amiraslanov, conducted the program’s first training session on the topic “Idea Generation, Innovation, and Creativity.”

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