Ahmad Rajabli 27B, Uber Plaza, Baku, Azerbaijan

NewSpace Accelerator’s first batch comes to an end with an incredible Demo Day.

Path to Global Startup Community

NewSpace Accelerator’s first batch comes to an end with an incredible Demo Day.

On 13th June NewSpace Accelerator‘s first batch came to the end with an incredible Demo Day event.

8 months ago, Sil. announced NewSpace Accelerator, starting a search for the best startups in the SpaceTech industry partnering together with Azercosmos . İn total, 40 applications were received from entrepreneurs. It was tough, but 10 outstanding ideas were chosen and accepted to the 16 weeks’ of acceleration program held by Sil. . Every week, they were invited to the Sil. Space and got supported to hone their presentations about their businesses.

By the end of the long acceleration program, 5 surviving startups were given a chance to go up on the stage of Demo Day at French-Azerbaijani University – UFAZ in front of judges and audience, and watched them wow the crowd with their incredible ideas.

So, here are the 3 winners of NewSpace Accelerator which will get seed investments by Azercosmos in the following amounts:

  1. OrientMap – 10.000 AZN
  2. ThermoNorth – 5.000 AZN
  3. Power Academy – 3.000 AZN

Winning startups have been given a chance to sign a contract with Azercosmos and Sil. and continue their progress through global and local innovation exhibitions and conferences.

The Judges Jasur Hasanov – Founder and CEO of Sil. (Social Innovation Lab) and Anar Qasimov, Tarlan Mammadzada, Fuad Aslanov from Azercosmos had the choice of picking winners from an outstanding pool of startups.

Demo Day had also supporters from media such as:

Moreover, most active social media person of the event received prizes from Hoqqa Kart and Bloknot.