Capacity building trainings held to strengthen textile sector in Armenia's northern regions
In the framework of the project “Textile for a sustainable economic development of the northern regions of Armenia”, implemented by Gegharkunik, Shirak and Lori Chambers of Commerce and Industry, through an action grant by EU-SMEDA project, a number of trainings and capacity building activities are implemented to strengthen the skills of sole entrepreneurs. As part of such measures, a “Business Planning Training” was held in Armenia’s second largest city Gyumri. The final stage of the training was held on 26 September, 2018, where the participants: self-employed individuals from the textile field, presented their products and Business Plans, which they had developed as a result of the one-week training.
Moreover, each participant made a presentation with assessment of similar businesses, market trends, prices, statistics on competitiveness and market, etc., which they had learned at the training. To complete their know-how, they had developed marketing strategy and made estimation of investments needed to expand further (e. g. weaving machines, additional money for production, etc.).
The event was summed up by a Certificate Award ceremony to mark the successful completion of the training in Gyumri.
A similar training was held in Vanadzor city one month earlier targeting local SMEs and individuals from textile sector. Out of them, the 4 best entrepreneurs were awarded with small grants by GCCI to kick off their business projects. Additionally, trainings are organised in Vanadzor for a small group of unemployed women who want to learn sewing techniques in Vanadzor’s Gloria sewing factory. See the video demonstrating a small fragment of the training: https://bit.ly/2xPpp78
As part of the training, Gyumri’s Technological college presented a syllabus for a 3-month sewing training course. An initial agreement was reached between LENTEX textile company and Gyumri technological college to provide jobs to successful graduates of the mentioned training course.
The second “Innovative ideas for tourism development in Armenia” Hackathon to take place in Vanadzor soon
Based on the success of the first tourism related Hackathon that took place last year, the EU-SMEDA project supports the second “Innovative ideas for tourism development in Armenia” Hackathon to be held on 18-19 May 2019 in Vanadzor, organised by Vanadzor Technology Center (VTC), the Enterprise Incubator Foundation and Lori region’s administration to organise in cooperation with the Tourism Committee of the RA.
Demo Day of Armenia Startup Academy Batch 4
The Demo Day of the Armenia Startup Academy 4th Batch of Graduates will be held on May 28, 2019 at AUA, Manoogian Hall. The Academy is a game-changing entrepreneurship and startup education program, which, by the support of European Union, shapes Armenia’s innovative future.
Startup Boost Weekend, Vol. 5 coming up soon
The EU-SMEDA supported Startup Boost Weekend Vol. 5 is just about to happen. Date: April 26-28, Venue: French University of Armenia. Once again, university students from 7 partner Armenian universities will get together to master the essentials of entrepreneurship during 54-hour sessions on Ideation, Pitching, Lean Canvas building, Hypothesis design by experienced mentors and successful startup owners.
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From April 15-19, 2019 the managers and leading staff of Enterprise Incubator Foundation and Armenian Technology centers: Gyumri Technology Center, Vanadzor Technology Center and Engineering City, visited Ljubljana’s Technology Park in Slovenia. The study visit aimed at learning and knowledge transfer on business support and innovation ecosystem environment in Technology park of Ljubljana, Slovenia.
The 5th and the final Women Entrepreneurs’ Club (WE Club) was successfully held in Yerevan on April 11, 2019. The event was officially opened by the EU Ambassador H.E. Piotr Świtalski and Ambassador of Germany to Armenia H.E. Bernhard Matthias Kiesler.
The International Forum on ''Modeling the Economy and Politics for optimal development'' was successfuly held in Yerevan, Armenia with international and national scientists and physicist who work on innovative modeling of economic theories, political and social behaviors, quantum theory of decision making, predicting financial risks and crisis, industrial research and development and more novel topics that could be applied and efficiently used in Armenia's economy. The event was supported by the European Union through its EU-SMEDA project.