Surprising Armenian Startups @ Startup Olé in Salamanca, Spain

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Surprising Armenian Startups @ Startup Olé in Salamanca, Spain

 Ten Armenian startups @ Startup Olé in Salamanca, Spain Ten Armenian technology-based startup founders and representatives enjoyed their exclusive chance to participate at the Startup Olé 2017 event, held in the historical Hospederia Fonseca, University of Salamanca, Spain, on April 26th-27th 2017.  Armenian startups were  invited by the “Support to SME Development in Armenia” (SMEDA) project to present their ideas to more than 1000 attendees in Salamanca. SMEDA is co-funded by the European Union and the German Federal Ministry for Economic Cooperation and Development (BMZ) and implemented by GIZ’s Private Sector Development in South Caucasus Programme. SMEDA is part of the EU4Business and EU4Innovation initiatives of the European Union.  Being one of the important events for startups, investors, accelerators, incubators in Europe, Startup Olé aims at being a meeting point for key players for the tech startup community.  Armenia was represented in Salamanca for the first time with a noteworthy delegation of Armenian Startups and support entities – such as the Small and Medium Enterprise Development National Center (SMEDNC) and the Enterprise Incubator Foundation (EIF).  Startup Olé was a great opportunity for interesting and perspective meetings aimed at enhancing collaborations between startups, investors, accelerators and international companies. The conference also offered a unique chance to being informed on existing global technological innovations and a benchmark of startups in Europe.  Hundreds of startups from Spain and other countries participated in the Startup Fair on April 26-27 2017, which delivered opportunities including an exhibitor space, entry to a pitching competition, matchmaking with relevant corporates and investors, and private networking. In addition, more than 100 speakers delivered presentations during the two days of the event on relevant topics for startups in the tech sphere.  While the Armenian and other startups were representing their ideas, materials, and projects to investors, accelerators, officials of Salamanca and other regions of Spain, as well as to representatives of the EU commission, rather interesting presentations and discussions were going on in the halls of the University of Salamanca. The major accentuation during the discussions was that “passion never fails”.  The two-day event enabled Armenian startups to build new and promising connections, learn how to present themselves at international events, meet active businessmen and investors during and after the sessions of Startup Olé.    SMEDA will follow up with the participating startups on their further progress to reveal how their participation at  Startup Olé helped them to develop and improve their projects and will promote their success stories among other startups in Armenia. SMEDA will follow up with  participant startups on their further progress to reveal how their participation at  Startup Olé helped them to develop and improve and will promote their success stories among other startups in Armenia.

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Eave on Demand Workshop held for Armenian film producers

From April 12-15, 2018 the EAVE on Demand film producers' workshop was held in Yerevan. The workshop was aimed at the selected Armenian producers of feature films who during the intensive training had a chance to enhance their know-how on contemporary methods and techniques applied in Europe, UK and Israel in feature film production starting from the basic planning, selection of topics, and script writing to acquiring funds, and forming strong film producers' unions.


The hackathon does generate innovative ideas – some of them truly “never-seen before” in Armenia!

The second part of the hackathon continued with sessions on Tourism perspectives in Armenia, Tourism as a sector of opportunities, Competitive analysis, product-market fit, pricing, and go-to-market and B2B sales and objection handling to equip the competing teams with better understanding of the sector. The sessions were conceived so that teams learn about how to advance their business knowledge as their business ideas. In the meantime, the teams focused on developing their ideas and prototypes for 24 hours. After intense internal discussions and hard work within the 49 teams, they were ready to pitch their ideas and prototypes in front of the jury on April 8, 2018.


Setting the ground for innovative tourism in Armenia’s regions

The hackathon aimed at generating innovative ideas for tourism was launched on April 7, 2018 in Vanadzor Technology Center (VTC) – located at Armenia’s Lori Region. Around 50 young and enthusiastic teams gathered at VTC to compete around innovative and ingenious ideas that could be turned into models and embedded into regional tourism development.  The idea is supported by the European Union and Armenian Government and thus, EU-SMEDA project partnered with VTC and Enterprise Incubator Foundation to make this happen.