Bakcell and INNOLAND introduced young developers to the potential investors

24.01.2020

The AppLab project of Bakcell together with INNOLAND Incubation and Acceleration Center held a “Demo Day” for the participants of their joint incubation program.

The purpose of the “Demo Day” was to introduce the startups who need access to financing to the potential investors, and support the establishment of sustainable relations between the parties in a suitable environment.

Thus, the successful finalists of the joint incubation program of Bakcell and INNOLAND, were invited to demonstrate their achievements and progress, as well as to meet representatives of companies and entrepreneurs who are interested to invest into promising startups.

During the “Demo Day”, three startups supported by Bakcell, being the “Bon.az” (www.bon.az -online cash-back service), “Towaves” (www.towaves.com - platform for finding and building local communities) and “Fonibo” (www.fonibo.com - on-demand grocery & food delivery platform) were also granted a chance to talk about their progress, future plans and gain the attention of potential investors.

It should be remembered that in the year 2018 Bakcell signed a cooperation agreement with the INNOLAND Incubation and Acceleration Center of the State Agency for Public Service and Social Innovations under the President of Azerbaijan. Within the frames of this agreement, Bakcell and INNOLAND jointly implement the incubation program for local startups. During the incubation period, the startup teams received extensive support from Bakcell and INNOLAND in the form of free office space, mentorship, equipment, and training, along with many other useful possibilities to work on their project and turn their startup into successful and innovative business.

Since the year 2014, local startups and developers engaged in creation of various hardware and software receive support from Bakcell’s AppLab program for implementation of their ideas.

***

About Bakcell

Bakcell offers a wide range of products and services to users of modern mobile communications. The company provides its customers with the best-in-class mobile internet.

With more than 8000 base stations, Bakcell network covers 99% of the population and 93% of the land area of the country (excluding the occupied territories).

Today, Bakcell has the largest 4G network in the country in terms of coverage area and capacity, covering almost 93% of the country’s population and the central parts of all the regions of Azerbaijan (excluding Nakhchivan AR and occupied territories).

For more information about Bakcell products and services, please visit www.bakcell.com or call 555. For press releases please see www.bakcell.com/en/news.

If you are not a Bakcell subscriber, but wish to find out about Bakcell and its products and services, please call 012 498 89 89.