🚀 The 5th TUSI at the Academy of the State Customs Committee 

During the information session, students were introduced to the incubation program and received information about developing a startup idea, building a team, and the opportunities offered within the program. Participants’ questions were also addressed during the meeting. 

You can also join the incubation program — register right now:
https://gub.icenter.az/home

 Within the program, participants will:
• Gain practical knowledge to develop their startup ideas
• Benefit from trainings and mentorship support from industry experts
• Receive guidance on transforming their projects into a product or service
• Build new connections and collaboration opportunities within the startup ecosystem

If you want to bring your innovative ideas to life and take your first step into the startup world, join our program! 

"INNOLAND" Incubation and Acceleration Center of the State Agency for Citizen Services and Social Innovations under the President of Azerbaijan will start a Joint Acceleration Program with AzerGold CJSC. The goal is to bring together the precious metal industry's most emerging startups to stimulate inter-industry innovation, increase the effectiveness of processes and establish a new standard for this industry in Azerbaijan and the region. 

The startups eligible for this batch can be focused on:

• optimizing processes

• enhancing capabilities

• enhancing skills

• utilizing leading technologies

 within the precious metal industry and provide solutions that can be adapted to the needs of AzerGold CJSC. 

Along with innovative solutions for the precious metal industry, startups can offer solutions suitable for AzerGold’s organizational needs including:

• Mining

• Industrial

• Geology

• HR 

• Database / Digitalization

• Legal

• Finance

• Ecology

• HSE, etc

Criteria 

Other than being relevant to AzerGold CJSC’s activities, the selection criteria include:

1.Team: Minimum 2 People (No solo founders)

2. Minimum physical full-time presence on-site 1 Team member with good knowledge of English

3. Product: Developed or are developing a minimum viable product (MVP), Proof of concept

4. Market: Identified market and target segments

5. Pitch Deck needed 

6. Qualification and experience in the field of precious metals will be considered as a big advantage

7. Research for export opportunities and readiness to enter new markets

For registration: https://forms.gle/8YqYx6mh6d1J7sXd8

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.