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 semifinal stage of the “Digital Startup Awards” competition has been held in Azerbaijan

The semifinal stage of the “Digital Startup Awards” competition has been held in Azerbaijan

In partnership with “INNOLAND” Incubation and Acceleration Center and “Sabah Hub,” the Azerbaijani semifinal of the international “Digital Startup Awards” competition in the “Best Startup Project” category was successfully held.

Twenty innovative startup projects representing Azerbaijan took part in the semifinal. The startup teams presented their projects to the jury, where they were evaluated based on criteria such as business model, technological innovation, and market potential.

The “Digital Startup Awards” program is an international initiative that fosters a multi-level development mechanism within the region’s startup ecosystem and is distinguished by its stage-based selection process. In the “Best Startup Project” category—one of the three main stages of the program—two projects, “StarKidsStories” and “Tryverse,” were announced as winners.

“StarKidsStories” is an innovative startup that creates personalized children’s storybooks using artificial intelligence technologies. The project stands out for its scalable model and strong profit potential.

“Tryverse” is a platform that combines 3D and augmented reality (AR) technologies to enhance online sales of physical products.

These two startup projects have earned the opportunity to represent Azerbaijan in the international final to be held in Uzbekistan, where they will compete with the most promising startups from nine countries.

The startups selected for the semifinal stage were chosen from nearly 100 applications and evaluated by distinguished jury members and experts, including Dalerkhon Nodirov (Deputy Director of IT Park Ventures), Mubariz Shahbazli (Head of the UNEC Startup Incubator), and Masud Alisoy (Investment Specialist representing the Sabah Foundation). Mr. Elshad Mammadzada (Executive Director of Akademi Group), representing the INNOLAND Incubation and Acceleration Center, evaluated the EdTech startups as an expert judge in educational innovation.


Overall, more than 150 startups from Azerbaijan applied for the competition. The “Digital Startup Awards” program is organized by “StartupBase,” an innovation platform of IT Park Uzbekistan. The program aims to promote digital innovation, support the development of the startup ecosystem across Central Asia and the Caucasus, and create opportunities for young entrepreneurs to gain international recognition.

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Startap rezidentimiz "Taskool" Azərbaycan Dövlət İqtisad Universitetiylə əməkdaşlığa başlayıb

Startap rezidentimiz "Taskool" Azərbaycan Dövlət İqtisad Universitetiylə əməkdaşlığa başlayıb.

Tərəflər "STEAMLAND" innovativ tədqiqat mərkəzi çərçivəsində birgə fəaliyyətlər göstərəcəklər. Mərkəz universitet və məktəblər arasında körpü yaradaraq məktəblilərdə "STEAM" (elm, texnologiya, mühəndislik, incəsənət və riyaziyyat) sahələri üzrə layihə əsaslı öyrənmənin və tədqiqat üçün lazım olan yumşaq və texniki bacarıqların əsasını formalaşdıracaq.

"Taskool" təhsil sahəsində startap olaraq yaratdığı əsas innovativ təşəbbüslərindən biri dünyada universitetlər üçün yeni, alternativ qəbul prosesidir. Platformada ali məktəbə təqdim etmək üçün şagirdlərə akademik portfel, praktikaya dayanan biliklər əldə etmək üçün "STEAM" layihələr bankı, istedadlıları üzə çıxarmaq üçün Olimpiada və Hakaton mərkəzi, həmçinin qlobal şəbəkələşmələri istiqamətində icma qrupları yaradaraq innovativ təhsil fəaliyyətləri həyata keçirir.

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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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