FEZ development under SMEDA's focus
Within SMEDA’s focus areas, and more specifically SMEDA’s commitment to support the development of clusters, techno parks and Free Economic Zones (FEZ) in Armenia leading to a sustainable economic development of the country, SMEDA has organised the second workshop on FEZ on October 4, 2017 following the initial one held on August 8, 2017.
The workshop focused on FEZ development and the management concept in Armenia in general and outlined a number of specific measures, such as the targeted management principles for FEZ with discussions on required capacities, rules and standards to be developed and adapted in the country. Furthermore, management systems to be adopted by FEZ such as quality management, environmental and occupational health management, service provision, managerial services to be offered by FEZ including advisory training, establishing networking and synergies between the resident companies were highlighted during the workshop. Another important topic was the establishment of knowledge management for FEZ on overall governance regulations and the charter, standardisation of services to companies, coordination between authorities and residents, to name a few.
To suceed with FEZ development through a comprehensive FEZ Management and Development Concept, the stakeholders, represented by the RA Ministry of Economic Development and Investments (MEDI) and managerial staff of the currently operating Free Economic Zones, have started a SWOT analysis at the workshop. The process was guided by SMEDA’s international expert Dr Michael Weber, in order to access the current situation of FEZ in Armenia and to identify future steps to ensure susccessful and sustainable Free Economic Zones in line with international standards.
Moreover, the participants learnt about Hannover Fair 2018 – an excellent opportunity for the Marketing of Armenian FEZ in EU markets, where SMEDA will provide support to Armenian FEZ representatives and SMEs to participate and present business opportunities based on Armenia’s economic and collaboration potential.
Armenia will be represented at Hannover Messe 2018
SMEDA supports 4 Armenian Precision Engineering and IOT companies, namely Rafa Solutions(http://rafasolutions.com/), Bitlis-MEN (www,bitlismen.com), Volterman Inc. (www.volterman.com) and Grovf (www.grovf.com); several representatives of Free Economic Zones: Alliance FEZ (www.fez.am), Meridian FEZ (meridianfez.com) and Meghri FEZ (www.meghrifez.am); Gyumri Technology Center (www.gtc.am) and Vanadzor Technology Center (www.vtc.am), the Union of Precision Engineering Enterprises (www.upee.am) 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.
Recent activities VIEW ALL Activities+
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 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.
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.