Demo Day for Startups
On November 30, 2017 the Business Angel Network Armenia (BANA) held an event supported by SMEDA with the aim of bringing together Business People and selected Armenian Startups. During this invitation-only Investor Demo Day, 10 high-profile Armenian Startup-ups presented their businesses to 15 experienced business persons, potentially interested in investing in promising companies.
The event was a successful start towards a Business Angel Network in Armenia, a platform for Armenian Business People to put investment in Armenian companies and generating mutual value. The BANA gives the opportunity to build a network and together sustainably strengthen the in-country investment climate. With the help of such a network, investors can get together, meet high-profile companies and may diversify their investments and thus enhance the possibility for creating value - through investments as well as through mentorship for the companies.
“BANA creates an ecosystem, a network where the validity of a startup-idea can be proven and everyone can learn from each other. If we support Armenian companies in terms of internationalisation, this will help the overall Armenian economy” Gevorg Poghosyan, Founder of Global AM, highlighted.
Speaking of the potential investors, Chus Lozano, who himself created a Business Angel Network in Madrid, emphasised: “Invest in a Startup, where you can add value. Only then you will be a smart investor, a Business Angel.” So besides capital investment, Maurice Backend Verwee from Crosspring VC, speaks of expertise, network, and experience that are also essential for a startup’s success.
Armenian Designers to showcase at PITTI SUPPER in Milan
With EU-SMEDA's support six Armenian designers and brands will attend and exhibit with their FW19-20 collections at the Fashion fair: PITTI SUPER 13 in Milan, February 22-25.
Startup Boost Weekend Vol.4
Good news for university students with bold ideas and interested in entrepreneurship! Startup Boost Weekend Vol.4 is not far away! It will be held from 22-24 February, 2019 at Yerevan State University.
Recent activities VIEW ALL Activities+
The Demo Day of the third batch of graduating startups of the EU-funded Armenia Startup Academy was successfully held on January 19, 2019. During the Demo Day, the founders of 12 startups that had been enrolled in the third cycle of the 12-week pre-acceleration programme of the Armenia Startup Academy introduced themselves and their products and solutions to the interested public, shared what they had learned at the Academy and what their future plans were.
2019 started for EU-SMEDA project with an activity aimed at strengthening of BMO’s (Business membership organisations) capacities. The visiting BMO consultant Karen Konopka met with a dozen of active BMOs for guidance and sharing of her hands-on expertise that aimed to improve their efficiency in performance, in particular in becoming more independent and sustainable as entities.
The second Empowering Regions through High-Tech 2018 Forum was successfully held in Gyumri, the 2nd largest city of Armenia from 7-8 December. It gathered around 200 young people and specialists from all the regions of RA engaged in high-tech, startup and innovation fields.