14 August, 2019

"INNOLAND" is starting a Joint Acceleration Batch in partnership with AzerGold CJSC.

"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

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During the presentation, detailed information was provided on the purpose of the special regulatory regime, evaluation criteria for applications, and the pilot process, followed by extensive discussions in this direction. The session was both informative and practically useful for startups operating in the fintech sector.

Speakers:
• Sahib Hasanov– Head of Department, Central Bank of the Republic of Azerbaijan
• Vagif Guliyev– Senior Specialist, Central Bank of the Republic of Azerbaijan

The meeting included extensive discussions on existing opportunities for the fintech ecosystem, regulatory requirements, innovation regulation, and future cooperation prospects. A Q&A session was also organized for participants, during which current issues in the field were explained in detail.

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With the support of the Ministry of Economy and organized by the Small and Medium Business Development Agency, the award ceremony for the “Dayaq” Prize was held under the motto “Strength Belongs to Business.” The most active entrepreneurs in various sectors of the economy for 2025 were recognized. The event included speeches by officials, a panel discussion on “2026: The Challenge of SMEs”, and the presentation of “Dayaq” prizes to 17 successful entrepreneurial entities in 2025. Among the awarded startups, "Enverson AI," a resident of the INNOLAND Incubation and Acceleration Center, was honored.

The aim of the “Dayaq” Prize is to widely recognize the achievements of entrepreneurs who are the backbone of the economy, promote business thinking, and further strengthen cooperation between the public and private sectors.

We congratulate the Enverson AI team and wish them even greater success!

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10th-grade students of “ADA School” visited the “INNOLAND” Incubation and Acceleration Center for an information session.

10th-grade students of “ADA School” visited the “INNOLAND” Incubation and Acceleration Center for an information session.


During the meeting, participants were provided with detailed information about the startup ecosystem, the development of innovative projects, entrepreneurial skills, and career opportunities. The activities of the center, as well as the stages of its incubation and acceleration programs, were also presented.

During the interactive information session, students became familiar with real projects and the idea development process, and exchanged ideas with mentors. Participants’ questions were answered, and existing opportunities in the fields of technology, innovation, and business were explained.

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