Memorandum of Understanding Signed to Partner for Sevan Startup Summit
June 14, 2017: The “Support to SME development in Armenia” (SMEDA) Project has signed a MOU for the partnership with the Startup Armenia Foundation, Small and Medium Entrepreneurship Development National Center of Armenia (SME DNC), and Global AM NGO. With this agreement the Support to SME Development in Armenia (SMEDA) Project – co-funded by the European Union and the German Federal Ministry for Economic Development and Cooperation, implemented by GIZ under the EU4Business and EU4Innovation Initiatives – will support the Sevan Startup Summit in 2017. The Sevan Startup Summit serves as an important initiative to further strengthen the startup support in Armenia. The summit offers a great opportunity to startups to present their business ideas and further improve them with the assistance of mentors, experts, trainers and peers. This exchange and networking are important for startups to learn and improve their business plans and to market their ideas starting at very early stage. This will help strengthen the Armenian entrepreneurial ecosystem and improve the performance of startups in general. Mrs. Eva Naeher, Team leader of SMEDA, mentioned: “Our objective and hope for Sevan Startup Summit are to strengthen and to provide helpful business advise to Armenian startups. We are very happy to collaborate with the Startup Armenia Foundation, SME DNC and GlobalAM NGO.” Sevan Startup Summit 2017 will host more than 1000 participants and have a more intensive educational, practical and entertainment schedule this year. The prize fund of Sevan Startup Summit 2017 comprises $40,000, which can form an important financing part for Seed Stage and Early stage startups. Enlargement of the partnerships in 2017 creates new perspectives for the Summit.
Winners of the 2nd cycle of Innovation Matching Grants to be selected soon
The final stage of EU-supported Innovation Matching Grants competition (IMG) will be held on June 29, 2018 from 10:00 to 19:00, at Vanadzor Technology Center (VTC). The 16 shortlisted startups who have undergone the process of pre-selection, excessive trainings and mentorship will participate at the final competition aimed at supporting business development and innovation and will present their innovative ideas to the jury.
FlyFest 2018 - an amazing aircraft show is coming up!
An amazing aircraft show full of speed, colors and breathtaking flight tricks - the FlyFest 2018- is coming up on July st in Gyumri, Armenia, supported by EU through its Support to SME Development in Armenia (EU-SMEDA) projcet. The festival is aiming to promote the expansion and development of model aircraft sports and tourism in the regions of Armenia through modern engineering solutions.
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The first-ever Fashion Forum was held in Yerevan, Armenia from June 2-4, 2018 bringing in fresh re-start and aspiration to the fashion world of Armenia. It united Armenian designers under one roof to exhibit their most sleek, elegant and glamourous sets to the fashion gurus, trend-setters, guests and general public. Truly, dozens of dazzling dresses, layered pieces and stylish outfits were showcased in Aram Khachaturian house-museum created by 50 talented Armenian designers from Armenia and diaspora coming from Germany, France, Lebanon, Syria, Ukraine, US and Russia.
New startup bids to become the most favorite one for the people who feel uneasy at the kitchen and for the gourmets who prefer a variety of tasty meals every day. This application is called Cookmenu, a new venture offering various recipes with the ingredients you have at home.
''This is substantial assistance, especially for the women who are unable to cook anything in the kitchen. This application is for those who are getting married and can’t cook except, for example, fried potatoes. So, we suggest all of them use our application,'' said Narine Manukyan, the founder of Cookmenu.