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.

Резидентский стартап «Taskool» успешно завершил «Программу стартап-инкубации» в школе «Мировая школа»!

В рамках трёхмесячной программы более 100 учеников школы «Мировая школа» развивали навыки инновационного мышления, предпринимательства и лидерства.

Программа была реализована в сотрудничестве с Центром инкубации и акселерации «INNOLAND», стартапом «Taskool» и школой «Мировая школа».

Финальный этап — «Taskool Innovators Ideathon» — прошёл под девизом «Будущее образования создают сами ученики». В день презентаций, где приняли участие 43 ученика и соревновались 10 команд, школьники представили инновационные идеи в таких направлениях, как решения на базе искусственного интеллекта, цифровые платформы, обучение с использованием VR и благополучие учащихся.

Эта инициатива подтвердила, что школьники обладают потенциалом становиться инициативными лидерами и инноваторами будущего, способными предлагать инновационные решения реальных проблем.

The delegation of Startup Estonia and the “Garage 48” Acceleration Center, established upon the initiative of the Estonian government, got acquainted with the “INNOLAND” Incubation and Acceleration Center of the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan.

Wide information on operating Co-working, Incubation, Acceleration and IT Training, as well as the startups residing within the center, was delivered to the guests.

Then, the Memorandum of Collaboration was signed between parties.

The Memorandum of Cooperation involves the establishment of an entrepreneurial support ecosystem as well as the creation and development of investor opportunities in the relevant regions for local technology startups. Furthermore, it covers the adoption of mutually agreed measures such as an effective exchange of incubation and acceleration programs and exchange of information on the attraction of local and foreign investors and etc.

According to the agreement reached within the memorandum signed with the "Startup Estonia" Center, the initial assessment of the regional applications sent to the “Startup Estonian Visa” program will be implemented in Azerbaijan. Startups applied to the relevant program from the regional countries such as Russia, Georgia, Mongolia, Iran, and Afghanistan will be initially assessed by the “INNOLAND” Incubation and Acceleration Center. Only startups that have successfully completed the initial stage will be able to move to the next stage of the program. This will play a significant role in attracting regional start-ups and projects to our country and increasing the success potential of the startup ecosystem.

The “Startup Estonian Visa” Program was established in 2017 on the joint initiative of the Estonian Startup Committee and the Ministry of Internal Affairs of Estonia. The main goal of the program is to facilitate the entry of successful startups and projects of non-EU countries to Estonia. Thus, successful startups sent their applications to the “Startup Estonian Visa” Program are provided with a special code through which the applicants and their team members may obtain a permit to live up to 5 years in Estonia.