Gyumri Technology Center to host innovation and entrepreneurship forum ArmeniaFTW

YEREVAN, November 7. / ARKA /. The Gyumri Technology Center will host the Innovation and Entrepreneurship Forum ArmeniaFTW on November 8-9, Bagrat Yengibaryan, the head of the Enterprise Incubator Foundation (EIF), said today.

According to him, the forum will provide an excellent opportunity to Armenian start-up companies to showcase their potential to representatives of international venture capital funds and investment companies who will be for two days examining Armenian start-up companies’ proposals.

According to Artashes Vardanyan, the head of Microsoft Innovation Center Armenia acceleration program, 20 Armenian start-ups have already registered for the participation, which will present their products to representatives of American, Bulgarian, Ukrainian, English, German and Armenian venture funds.

Head of Phillip Morris Armenia corporate management unit Vahe Danielian said the company provided a 12.3 million drams worth grant to the Enterprise Incubator Foundation to organize and conduct the event.
He said the best three teams will receive one million drams worth grants from the company to start their business projects.

The forum is organized by the Innovation and Entrepreneurship ArmeniaFTW, Microsoft Innovation Center Armenia, Public Journalism Club, EIF, the Gyumri Technology Center, Microsoft and Philip Morris Armenia, the Armenian government and USAID with the support of the US Embassy in Armenia and EU Office in Yerevan.  The general partners of the event are the Swiss Embassy in Armenia, Rostelecom, Sixt Rent a car, MegasportArmenia and Markarian law firm. ($ 1 - 413.94 drams).  -0-

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18:48 11/07/2014