January 8, 2019, the presentation of the Acceleration of Startups in Agricultural Technologies program, which will be implemented by the INNOLAND Incubation and Acceleration Center of the State Agency for Citizen Services and Social Innovations under the President of Azerbaijan, with the support of the Ministry of Agriculture of Azerbaijan.
The event was addressed by the Advisor to the Minister of Agriculture of Azerbaijan on innovations Shabnam Mamedova, who noted in her speech that the use of innovations in the agricultural sector had already begun. Among the activities, the Acceleration program will be implemented during the first this year. The program applications has already been announced, which will last until January 20.
At the same time, Sh. Mamedova stressed that support is also provided for start-ups whose technologies and innovations can be applied in other areas.
The event discussed prospects for cooperation between the parties. It was also proposed to conduct incentive and stimulating activities for owners of ideas in the field of agriculture.
Note that INNOLAND is an incubation, acceleration and research center created for the development of the private sector in Azerbaijan, as well as outside, to encourage innovation and expand the startup movement. INNOLAND consists of a coworking center, incubation, acceleration, and the IT Training and Education Center.
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.
“Polygraf AI” has secured a $9.5 million investment!
Based in the United States, “Polygraf AI” has gained the trust of international investors, becoming one of the most successful startups in the field of artificial intelligence.
The company provides AI-powered solutions for risk detection, fraud prevention, and data integrity protection for enterprises.
With this investment, “Polygraf AI” will accelerate product development and further strengthen its position in global markets.
We sincerely congratulate the “Polygraf AI” team!
In Ganja, at the Azerbaijan University of Technology, startup enthusiasts came together at the “Innostart” panel. During the panel, Nicat Əmiraslanov, Director of the "INNOLAND" Incubation and Acceleration Center, shared insightful thoughts on innovation and startup development opportunities.
At the end, young participants’ ideas were heard, followed by open and engaging discussions.