A meeting was held between the "Innovations Center" and Georgia's Innovation and Technology Agency
On April 7, a meeting took place between the "Innovations Center" of the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan and the Innovation and Technology Agency operating under the Ministry of Economy and Sustainable Development of the Republic of Georgia. During the meeting, Vusal Rustamov, Director of the "Innovations Center," provided detailed information regarding the center's core activities, the innovation ecosystem, startup support, as well as ongoing innovation-oriented initiatives and achievements.
Within the framework of the meeting, the parties familiarized themselves with each Other's fields of activity and discussed opportunities for cooperation in the field of social innovations. At the same time, the potential for implementing joint projects and strengthening collaboration within international programs was reviewed.
The guests also visited and learned about the activities of the ASAN Service center, "INNOLAND" Incubation and Acceleration Center, the "ABAD" public legal entity, and the "Bilim Baku" (Bilim Azerbaijan) center.
“İnnovasiyalar Mərkəzi”nin “Gələcək üçün bacarıqlar” layihəsi çərçivəsində baş tutan tədbir Türkiyənin “Bilişim Vadisi” ilə birgə reallaşdırılan 6 aylıq inkubasiya proqramının yekununa dair keçirilən Demo Day tədbirində münsiflər heyəti tərəfindən ən yüksək balla qiymətləndirilən 5 komandaya “Bilişim Vadisi”nin xüsusi mükafatı təqdim edilib.
Mükafat alan "Printfable", "Cücələrim", "Medappoint", "Evor" və "Dovotes" komandaları "Bilişim Vadisi"nin Türkiyə ofislərində 6 aylıq inkubasiya proqramı keçmək haqqına sahib oldular.
Komandalarımızı təbrik edirik!
On March 17, memorandum of understanding signed between "Innovations Center" LLC (INNOLAND), which is subordinate to the State Agency for Citizens Service and Social Innovations under the President of The Republic of Azerbaijan, and “Yeni Fikir” LLC. The purpose of the Memorandum is to support entrepreneurship ecosystems for technological startups in our country and in the regions of Azerbaijan and to implement a high-level partnership that serves the needs of emerging (or other) technology entrepreneurs.
The document, along with the formation and development of technology entrepreneurship, also reflects cooperation issues related to the strengthening of business initiatives. Thus, the content of the Memorandum reflects the factors that are being estimated for the establishment and development of innovation ecosystems in our country, as well as business initiatives.
"Innovations Center" LLC (INNOLAND) cooperates with local and international organizations in accordance with the strategy of the development of innovation ecosystem in our country and in the region, as well as for the development of technology entrepreneurship (startups). As one of such organizations, "Yeni Fikir" LLC is one of the companies operating in the intellectual sector in Azerbaijan and having a specific role in the formation of startup culture.
Thus, the "Yeni Fikir" startup competition, which was held for the sixth time this year, is being implemented by "Yeni Fikir" LLC, sponsored by BP, the Baku Engineering University. The company "Yeni Fikir" cooperates with "Innovations Center" LLC (INNOLAND) in organizing the same startup competition. Five startup projects that will win the competition.
The development of five startup projects that will win the competition will also be supported at the Innoland Incubation and Acceleration Center.
Have you heard startups say, “we’re already in the acceleration stage”?
But what does acceleration mean?
Acceleration is the phase where startups that have tested their idea and are ready to grow gain speed.
At this stage, teams:
meet with investors
strengthen market strategies
refine sales and marketing plans
focus on realistic goals with mentor support
In simple terms, acceleration is the moment when a startup is not just starting, but preparing to grow.
What do you think is the most important factor for a startup at this stage — mentorship, market strategy, or investor support?