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Europe’s Leading Innovation Platform Tenity Expands to Azerbaijan

News
Europe’s Leading Innovation Platform Tenity Expands to Azerbaijan

The Innovation and Digital Development Agency (IDDA) has launched a partnership with Tenity, one of Europe’s leading acceleration and incubation platforms. As part of this collaboration, two hackathons and one incubation program will be implemented to support fintech-oriented startups in Azerbaijan. Startups from other countries will also be eligible to participate in these programs alongside Azerbaijani teams.

Applications are now open for the first hackathon, which will take place on November 14–16. During the event, local startups will participate in training sessions conducted by international experts and benefit from mentorship support. Additionally, meetings will be held with investors connected with Tenity.

Startups eligible to participate in this hackathon include those founded by individuals over 18 who are active in or interested in the fintech sector, as well as startups at the idea stage. The three teams achieving the highest results will be awarded cash prizes. Interested applicants can apply via this link. Application deadline: November 7, 2025.

In addition to the hackathon, applications are now open for the four-month incubation program for fintech startups. This program aims to help startups transform their ideas and prototypes into scalable businesses by providing mentorship, expert guidance, and access to an investor network. At the end of the program, startups will have the opportunity to present their projects at a Demo Day event.

Early-stage fintech startups can apply for the incubation program via this link. Application deadline: December 12, 2025.

Founded in Switzerland in 2015, Tenity currently operates in six cities: Zurich, Madrid, London, Istanbul, Singapore, and Tallinn. The platform primarily supports early-stage startups in sectors such as fintech, insurtech, regtech, Web3, blockchain, tokenization, and artificial intelligence. Through its acceleration and incubation programs, Tenity offers startups mentorship, corporate connections, access to investors, and market opportunities. To date, Tenity has enabled startups to secure investments of up to €300,000 and has supported more than 1,600 startups within its ecosystem.