“INNOLAND” and “AzerGold” CJSC to bring together revolutionary industrial startups

“INNOLAND” Incubation and Acceleration Center of the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan and “AzerGold” CJSC have jointly launched the Acceleration Program.

In this regard, a meeting was held between Deputy Chairman of the State Agency for Public Service and Social Innovations Jeyhun Salmanov and Deputy Chairman, member of the Executive Board of “AzerGold” CJSC Khayyam Farzaliyev.

The Parties signed a bilateral agreement on the Acceleration Program. The main goal of the cooperation is to bring together revolutionary industrial startups to stimulate inter-industry innovation, encourage industry-related developments, as well as optimize concerning processes.

Startups that are optimizing the processes in the mining industry and of “AzerGold” CJSC, developing existing potential, increasing professional knowledge, using advanced technologies, equipment and solutions can be used in the Acceleration Program as agreed by the Parties.

Along with providing innovative solutions for the mining industry, startups will also offer solutions for organizational needs of “AzerGold” CJSC, including geology, human resources management, digitalization, law, finance and other areas.

Thus, startups that accomplish the Acceleration Program will directly collaborate with “AzerGold” CJSC.

It should be mentioned that “INNOLAND” is an incubation, acceleration and research center created to develop the private sector, promote innovation and expand the startup movement both in Azerbaijan and beyond its borders.