“INNOLAND” residents successfully represented at the Azerbaijan International Investment Forum

Residents of the "INNOLAND" Incubation and Acceleration Center under the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan participated at the “ASAN Service” stand within the framework of the 1st Azerbaijan International Investment Forum.

Startups "Convitsa", "Dovotes", and "Enverson", established through university collaboration within the “Skills for the Future” project, presented their innovative solutions and projects to local and international visitors.

High-level guests and officials were introduced to the technological innovations presented by the startups and highly appreciated their potential to enter international markets. Guests were also informed about the activities of “ASAN Service”, its innovative citizen services, achievements in digital solutions, and opportunities for international cooperation.

The Azerbaijan International Investment Forum serves as an important platform for showcasing the economic and technological potential of countries located at the strategic crossroads of East and West, as well as for exchanging knowledge and experience on new global competitiveness paradigms.
For participating companies and startups, the forum provided unique opportunities to establish high-level connections, sign strategic agreements, and build new partnerships.

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.

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.