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.
Armenia will be represented at Hannover Messe 2018
SMEDA supports four Armenian Precision Engineering and IoT companies, namely RAFA Solutions, Bitlis-MEN, Volterman Inc. and Grovf and several representatives of Free Economic Zones and the Ministry of Economic Development and Investments of Armenia to be part of this year's Hannover Messe 2018 trade fair under a joint stand, followed by a roadshow in German companies among which the famous Autostadt Volkswagen.
Business Membership Organisations' (BMO) Academy
SMEDA is organising a 3-week Business Membership Organisations' (BMO) Academy for Armenian BMOs with no less than 20 SMEs as members. The aim of the Academy is to enhance the capacities of BMOs to organise themselves as active professional associations able to build constructive dialogues with authorities when defining economic and sectoral policies.
EAVE on Demand Producers Workshop in Armenia 2018
SMEDA is supporting the EAVE on Demand Producers Workshop in Armenia 2018, aimed at producers, both fiction and documentary, who are interested in developing their feature film project during a 3-day intensive training program from April 12 to 16, outside of Yerevan.
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The Press Conference held on January 10, 2018 aimed at announcing broadly about the Eave on Demand Producers' Workshop in Armenia 2018. The initiative is supported by SMEDA project targeting producers, both fiction and documentary, who are interested in developing their feature film project during a 3-day intensive training program from April 12 to 16, outside of Yerevan.
SMEDA has implemented numerous activities in 2017 within its five main result areas and beyond to support & promote SMEs, Startups, Innovation, Precision Engineering, Free Economic Zones, Technoparks, Creative Industries, Regional development, and many more as highlighted in this video: http://bit.ly/2BMn9kl
The Armenia Startup Academy (ASA) was officially launched at the Hero House and is now contributing to the Startup Ecosystem of Armenia. The initiative is supported by SMEDA and implemented by Catalyst Foundation aiming to boost the startup ecosystem and bring the Armenian startups to the next level. With the help of a team of advanced mentors, advisers, instructors and entrepreneurial assistants it offers a pre-acceleration programme to guide tech companies and startup teams through the process of customer development using advanced tracking methodologies and instruments.