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.

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Other news

Commercialization of Technological Startups

We held a webinar on the topic of “Commercialization of Technological Startups.”

During the webinar, Serhat Duyar, a startup mentor from “Bilişim Vadisi,” shared his experience on this subject.

A panel discussion was held within the framework of the "Innovation in Modern Education" event

The “Modern Education and Innovation” panel discussion was held at the Azerbaijan State Pedagogical University within the framework of the event organized in partnership between “INNOLAND” Incubation and Acceleration Center and the “ADPU Enactus” international program.

Before the panel discussion, Asaf Zamanov, Vice-Rector for Science and Innovation at ADPU; Laman Ahmadova, Advisor to the Director of the Innovation Center; Nicat Amiraslanov, Head of INNOLAND Incubation and Acceleration Center; and Zenfira Seyidova, Coordinator of the "ADPU ENACTUS" team, delivered speeches emphasizing the importance of implementing innovative approaches in education and the contribution of such events to the generation of new ideas.

The panel was moderated by Ziniddin Babayev, Deputy Head of the Project Management Department at the Innovation Center. Speakers included Ahmet Köse, Head of the "Bilim Azerbaijan" project; Khayala Fatullayeva, Head of the Digital Economy Department at the Center for Analysis and Coordination of the Fourth Industrial Revolution; Isa Gasimov, Head of the "Enterprise Azerbaijan" portal; Aytan Guliyeva-Rzayeva, Senior Training Specialist at the ASAN Innovative Development Center; and Mail Yagub, Head of the "Sociology Academy".

During their speeches, the speakers shared their views and experiences on the importance of applying innovative methods, digital tools, and startup culture in education. The event attracted great interest from young teachers and students, who engaged in extensive discussions and addressed questions to the panelists.

At the end, participants were awarded certificates.

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