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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“DIGIAGE – Baku 2025” Digital Game Camp Kicks Off!

“DIGIAGE – Baku 2025” Digital Game Camp Kicks Off! 

The camp, organized jointly by the Innovation Center and Bilişim Vadisi DIGIAGE, has officially started. Out of 238 applicants, 100 selected participants will work in teams to create their own digital games.

We wish all participants great success! 

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The “Demo Day” event of the IV “TUSI” incubation program within the framework of the “Skills for the Future” project has been held.

The “Demo Day” event of the IV “TUSI” incubation program, implemented by the “Innovation Center” of the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan, within the framework of the “Skills for the Future” project, has been held.

The objective is to strengthen human capital in the field of innovation and promote innovative activities in education. At the same time, creating conditions for the development of students’ innovative ideas and directing them toward invention and startup activities are among the key priorities.

The event was attended by Ulvi Mehdiyev, Chairman of the State Agency; Firudin Gurbanov, Deputy Minister of Science and Education; Orkhan Mammadov, Chairman of the Board of the Small and Medium Business Development Agency; Bakhtiyar Aslanbayli, Vice President for Communications and External Affairs for the Caspian Region at bp; as well as rectors of higher education institutions in the country.

Within the framework of the event, a Memorandum of Understanding on “Cooperation in the Formation and Development of an Innovation Environment in Universities” was signed between the State Agency and newly joined institutions — Azerbaijan Medical University, Azerbaijan State Pedagogical University, and the Academy of the State Customs Committee.

Afterwards, the guests ознакомились with the projects of the startup teams.

During the event, speeches by officials were delivered, and a video highlighting the work carried out within the project was presented.

Sixteen startup teams that successfully completed the IV “TUSI” incubation program presented their projects. Based on the jury’s evaluation, the top three projects were granted the opportunity to become residents of the INNOLAND Incubation and Acceleration Center. The first-place winner also earned the right to participate in the “Take Off Istanbul” startup summit.

Detailed information was provided about the upcoming V “TUSI” incubation program. Through intensive training covering 10 main topics and 34 sub-modules, the program offers participants extensive opportunities for building startups, systematically developing ideas, and integrating into the innovation ecosystem.

Since 2021, cooperation has been established with 15 higher education institutions within the framework of the project; more than 300 startup ideas have been submitted by over 3,000 students. With the support of more than 130 trained university mentors, 29 startup teams have been formed and have presented their projects at “Demo Day” events.

To date, four startups formed within the “Skills for the Future” project have attracted a total of 310,000 AZN in investment.

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A $1 Million Prize Pool Awaits You!

A $1 Million Prize Pool Awaits You!

Registration is now open for the "Digital Startup Awards" international competition, held in partnership with INNOLAND!

Digital Startup Awards is an international competition and development program aimed at boosting innovation and startup ecosystems across Central Asia, the Caucasus, and Mongolia.

Azerbaijani startups can apply in 3 exciting tracks:

🔹 Best Startup Project
For officially registered startups at the Seed or Series A stage.

🔹 Acceleration Program
For startups with at least 3 months of sales.
Participation of at least one team member is required (costs covered from September to December).

🔹 Incubation Program
For teams with an MVP or working prototype.
Official registration is required.

Winners will gain access to major opportunities and global recognition!

 Learn more and register at: startupbase.uz/en/digital-startup-awards

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