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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