Globaldev Expands with its Armenian Branch with Acquisition of Preezma 🚀

Globaldev Group, a leading provider of software development services, has announced the acquisition of Preezma, an Armenian-based software development company, expanding Globaldev's presence in Eastern Europe.

Preezma, an Armenian SW development company, has been serving international technology companies for the last 11 years, focusing on Software Development and Staff Augmentation services.

The acquisition will enable the combined entity to offer a broader range of services, tap into a larger pool of skilled developers, and accelerate growth in key market segments.

Congratulations to Globaldev and Preezma on this partnership. Excited to see another exit in the tech sector of Armenia 🎉

https://t.me/threenstartups

#preezma #globaldev #successstory

🚀 Short Notice - Applications for SkyDeck Batch 19 are OPEN! 🚀

Want to scale your startup with $200K investment, mentorship from 600+ experts, and access to a global network?

SkyDeck is looking for ambitious founders from ANY industry!

Why SkyDeck?
- Industry-agnostic program
- $200K investment for Cohort teams
- Mentorship from 600+ experts
- Access to Berkeley's vast alumni network

Ready to take your startup to the next level?
Apply now 👉: https://skydeck.berkeley.edu/apply/

Application deadline is August 23, 2024

https://t.me/threenstartups

#berkeleyskydeck #accelerationprogram #applynow

Applications for EPIC's 15th Batch are Now Open! 🚀

Join EPIC's 15-week incubation program to transform your idea-stage startup project into successful ventures.

Validate your ideas, discover customers, and explore new markets through an intensive program including:

- hands-on workshops
- tailored mentorship
- access to startup ecosystem, participants .

Since 2017, over 130 startups and 320+ entrepreneurs have participated in this program. Whether you're from the American University of Armenia or not, if you have an idea that solves a real-life problem and the drive to make it a reality, EPIC is the place for you!

🗓 Application Deadline: September 15, 2024
Apply here 👉: https://epic.aua.am/incubation-program/

https://t.me/threenstartups

#epic #incubationprogram #applynow

Call for Startups: DigiTec Startup Alley! 📢

Get ready to showcase your innovation at Armenia's largest tech event, DigiTec Expo 2024!

Why join DigiTec Startup Alley?
- Visibility: Connect with thousands of attendees and potential investors.
- Support: Benefit from special conditions designed for early-stage startups.
- Pitching: Showcase your idea in the DigiTec Elevator Pitch.
Networking: Connect with industry leaders and other startups.

Apply here 👉: https://shorturl.at/DhIgT
Application deadline: September 15, 2024

DigiTec Expo 2024
🗓 October 4-6
📍 Meridian Expo Center, Yerevan, Armenia 🇦🇲

https://t.me/threenstartups

#digitec #expo #startupprogram #startupalley

SmartGateVC invests in Vonova, a pioneer in catheter-based brain interface technology.

🚀 SmartGateVC announced investment in Vonova, a medtech company revolutionizing brain interface technology. 🧠

Vonova's innovative approach offers a minimally invasive solution for accessing the brain, paving the way for transformative neuromodulation therapies.

Check out more about Vonova's solution here.

Join us in congratulating SmartGate VC on this impressive addition to their portfolio. Congrats to SmartGate VC and Vonova on this partnership and good luck in the journey going forward! 🚀

P.S. It is heartening to see that Armenian investors continuously expand their investments in international teams ❤️

https://t.me/threenstartups

#smartgatevc #investment #vonova #successstory

Startup Opportunities due soon 🔥

Acceleration programs 🚀

1) Berkeley's SkyDeck: ❗️TODAY (Aug 23)

Don't miss this $200K investment opportunity!

Learn more: https://t.me/threenstartups/741

2) Y Combinator: ❕4 Days left (Aug 27, 2024)

Don't miss this $500K investment opportunity!

Learn more: https://t.me/threenstartups/739

Grant Opportunity 💸

Equity-free grant of up to 10M AMD ($25K) to launch your product ("Market Entry" grant from Ministry of HTI): September 16, 2024
Learn more: https://t.me/threenstartups/731

Incubation Program 👨‍🏫

AUA EPIC Incubation program: September 15, 2024
Learn more: https://t.me/threenstartups/742

Expo & Networking 🎤
DigiTec Startup Alley: September 15, 2024
Learn more: https://t.me/threenstartups/743

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#upcoming #startup #opportunities

EMERGE is Back! 💥

Get ready for the coolest tech conference in Yerevan! 🇦🇲

🗓 September 25-26
📍 o2 Gardens, Silikyan District 13str, N 2/8, Yerevan 0029, Map Link

Join thousands of tech enthusiasts, startups, investors, and more for two days of mind-blowing sessions, networking, and investment opportunities.

Hear from top-tier speakers and investors on topics like "Tech Roulette" and "Biohacking & Human Upgrade."

Use promo code 3N20 for 20% off all tickets! 🎟

👉 Register: Book Your Spot Here!

Join 3N to stay on top of startup news!

#emerge #yerevan #techconference #startup #event #networking

Be bold as you start your journey, but stay open to feedback along the way.

Good luck to all the brave founders who’ve taken the courage to start their startup journey! ❤️

Join 3N to stay on top of startup news!

#humor #mondaypositivity

Join Breakfast with Angel series of BANA Angels featuring Thomas Mazejian! ‍☕️

Thomas is a seasoned IT executive with decades of international experience in tech & telecom sectors.

He is an angel investor who actively supports his portfolio startups with his network and advice.

Thomas is an agile transformation coach. He is the founder and first president of Project Management Institute (PMI) chapter in Armenia.

🗓 Date: September 4, 2024 at 10:00 AM
📍 Venue: Unicorn Community Café, 83 Koghbatsi St. Yerevan

Fee: 4,000 AMD (breakfast included)

➡️ Register Now (registration will be confirmed upon receipt of payment) : https://forms.gle/HQoDzYePaf3WoSw86

Payment Methods:
- Transfer to Card: 4355033930007038
- Idram: @272340603

❗️P.S. As a startup founder, where Thomas was an angel I strongly recommend connecting with him to gain first-hand insights and recommendations.

#banaangels #networking #event #thomasmazejian

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From Professor to Partner, From Teaching to Collaborating

Not your usual startup news, but an exciting one: our team has grown by one more person.

Hi everyone, I’m Greta, a communications specialist and a student at AUA. My journey in the Tech Ecosystem has been fueled by a passion for innovation. Little did I know that my Creativity and Tech Innovation course taught by Ruben Osipyan would lead to this dream collaboration years later.

A bit about me? I’m on a mission to make tech journalism a reality in Armenia—to be the voice of the industry, highlight key developments, and make the world AND each other know about all the cool stuff that is happening here.

Together with 3N, I’m confident that through professionalism, transparency, and collaboration, we can achieve this and more.

Stay tuned—exciting times are ahead!

Early-Stage Startup Opportunity with Alchemist Accelerator!

Alchemist Accelerator is known for its focus on enterprise ventures and is accepting applications.

🌟 Why Apply?
-Home to over 650 startups, with 50%+ receiving funding after graduation.
-$3.9B+ in total funding secured by graduates.
-Access to the world’s best enterprise mentors, investor networks, and global markets.

⚠️ Granatus Ventures established collaboration with Alchemist Accelerator, and if you are part of Granatus’ pipeline, being part of the Alchemist Accelerator program might be even more beneficial.

Apply here 👉: https://shorturl.at/9GrI4

Application deadline: September 6, 2024

#alchemist #alchemistaccelerator #accelerationprogram

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📰New on MarketWatch: Armenia's Tech Sector is Booming!

While places like Manhattan’s Silicon Alley and South Africa’s Silicon Cape have gained fame, Armenia is paving its way based on its rich educational and research heritage.

MarketWatch highlights how Armenia, far from Silicon Valley, is building a successful tech hub with global giants and local startups making their mark. 🌍

📖 Read the full article on MarketWatch: https://shorturl.at/HLFAJ

It’s exciting to see Armenia’s tech journey getting international attention!
Exciting times are ahead!

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🚀 Explore STRIVE: Armenia's Pre-Incubation Program

The hardest part of being an entrepreneur is learning how to be one—a skill rarely taught. But what if you could change that?
The change is here because our startup ecosystem needs YOU and your fresh ideas to keep it booming, and STRIVE can guide you. 

As Armenia’s first-of-its-kind pre-incubation program, STRIVE is designed to engage participants from all backgrounds, whether they have a startup idea or not. Over 10 weeks, you’ll develop the entrepreneurial mindset, skills, and network needed to make a real impact.

Why Join?

• Learn fundamental entrepreneurship concepts.
• Gain practical skills to turn ideas into action.
• Connect with a network of industry professionals and leaders.

📅 Eligibility: Open to all individuals, especially non-AUA members, with sessions held at AUA in the evenings. No startup idea is required—just a passion to learn!

More details here: https://shorturl.at/Q7saC

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Armenia-born CodeSignal is Making Waves! 🌍

Tigran Sloyan, the co-founder and CEO of CodeSignal, has announced a partnership with WGU Labs (Western Governors University). Together, they’re integrating AI-driven skills assessments and personalized learning pathways into the WGU Academy curriculum.🎓

What does this mean?

CodeSignal, known for its innovative platform that helps to master coding and other tech skills, will bring its tools to a broader audience. The goal is to bridge the gap between education and employment by helping students upskill, get certified, and align with job market needs.

It’s exciting and inspiring to see the impact of Armenian-led innovation on the global stage.

Exciting times are ahead for tech education!

The full article: https://shorturl.at/4ndIA
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🚀 Top Accelerators Now Accepting Applications! [Part 1]

San Francisco is the heart of innovation, and if you're a startup founder looking to fast-track your growth, these top accelerators are now accepting applications.

1. Y Combinator

Deadline: August 27, but still accepting late applications
Start Date: Fall 2024
Investment: $125k for 7% equity + $375k uncapped MFN SAFE
Apply Here

2. Hf0

Start Date: September 18, 2024
Investment: 5% equity + $1M uncapped MFN SAFE
Apply Here

3. 500 Global Flagship Accelerator Program

Deadline: October 11
Start Date: November 2024
Investment: $150k for 6% equity + $37.5k program fee
Apply Here

4. Founder Institute

Deadline: Sep 29, 2024
Start Date: October 2024
Upfront Cost: $999
Investment: Typically takes 2-4% equity
Apply Now

Wishing all applicants the best of luck—we can’t wait to report on your future successes!

Stay tuned for Part 2! ✨
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Why Do Startups Fail? Two Main Reasons: Product-Market Fit and Team

We all know that the majority of startups fail. Most of you probably saw the infographics of CBI Insights with the Top 12 Reasons Startups Fail.

When you dig into the details and group the reasons, you would probably see the two main patterns emerge:

1. Inability to Achieve Product-Market Fit
2. Not the Right Team

1. Lack of Product-Market Fit

Here are the top reasons related to PMF:
- Ran out of cash (38%)
- No market need (35%)
- Got outcompeted (20%)
- Flawed business model (19%)
- Regulatory/legal challenges (18%)
- Pricing/cost issues (15%)
- Product mistimed (10%)
- Poor product (8%)
- Pivot gone bad (6%)

Taken together, 9 out of the 12 reasons for failure can be traced back to an inability to achieve PMF.

2. Not the Right Team
Interestingly, while most of the reasons for failure relate to PMF, investors still say the No. 1 reason they invest in a startup is the team.

- Not the right team (14%)
- Disharmony among team/investors (7%)
- Burned out/lacked passion (5%)

Takeaways for Startup Founders

- Focus on market validation: Before you build, ensure you have a deep understanding of your target market’s pain points.

- Relations management: Your No 1 task as founders is relationship management. Constantly build your relations with your team and investors to make sure your team morale is high, and manage relations with the supporters, customers and general public to know the market as now one knows.

- Be ready to pivot: If the market or product isn’t working, adapt. Remember, your mission is to build what customers want, not what you think they need.

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Armenian Reform of High-School Program in Math and Programming at UNESCO

FAST will present Armenia's revolutionary Generation AI High School Project at the Paris Digital Learning Week, held at UNESCO Headquarters from September 2 to 5.

This initiative is transforming math and programming education in Armenian public schools with the goal of preparing a new generation of AI experts.

FAST’s very own Suzanna Shamakhyan will present how this nationwide project, integrated into the public education system in collaboration with the Ministry of Education, equips students with advanced competencies in AI while promoting essential 21st-century skills.

This is a significant moment for Armenia, as Generation AI will be discussed among global experts and policymakers, marking a milestone in connecting education and industry.

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🚀 Top Accelerators Now Accepting Applications! [Part 2]

Following up on our earlier post, here is the second part of our list of San Francisco accelerators. Check out these programs to see which one might be the right fit for your startup.

1. HAX

• Location: San Francisco
• Start Date: Monthly
• Upfront Cost: None
• Investment: Up to $500k investment in exchange for equity
• Apply here

2. The Mint (FinTech)

• Location: San Francisco
• Start Date: Fall 2024
• Upfront Cost: None
• Investment: $500k for 10% equity
• Apply here

3. Greylock Edge
• Location: Menlo Park
• Upfront Cost: None
• Investment: Flexible financing from a priced seed round to an uncapped SAFE note, plus $500k+ in credits with AWS, Google, Microsoft, and more
• Apply here

Wishing all applicants the best of luck.

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🚀 Opportunity for Armenian Startups!

The Armenian Ministry of High-Tech Industry, in collaboration with Plug and Play, is now accepting applications for their International Accelerator Program.

This initiative is open to startups from the MVP stage to scale-ups, particularly those developing innovative hardware and software solutions in the mobility and automotive sectors.

✨ Program Highlights:
- Access to a global network of mentors, investors, and partners
- Workshops, personalized office hours, and expert guidance to refine business pitches
- A chance to join the Silicon Valley GOAL Program, offering top startups four weeks of immersion in the U.S. tech ecosystem

📅 Key Dates:
- Application deadline: October 7
- The program runs from October 2024 to February 2025
- Demo Day will be held on February 21, 2025

👉 Find more details apply: https://innovationchallenge.pnp.tc/int-accelerator-armenia/

#accelerationprogram #plugandplay

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Startup Summit on AI + Fundraising Summit - Remote Networking Event 🚀

On September 26th, 2024, startups from across the globe will have the chance to attend Startup Summit: AI + Fundraising, a virtual event hosted by Startup Grind HQ.

This half-day summit promises to deliver critical insights into the evolving world of AI and its impact on startup growth and fundraising.

Attendees will benefit from:
🔹 Fireside chats with leading VCs and tech experts
🔹 Interactive workshops on AI integration and scaling strategies
🔹 A LIVE pitch teardown with real-time feedback from investors

📅 Registration is open now. Limited spots available – don’t miss the chance to elevate your startup!

Find more details and register here: https://shorturl.at/YfLsL

#event #networking

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Open Call: BANA Pitching Session

BANA has announced an open call for its upcoming pitching session, inviting startups to apply and have a chance to present their ideas to angel investors.

Eligibility Criteria:

✅Must have a Minimum Viable Product (MVP)
✅Initial traction required

Application Deadline: September 18, 2024

Apply to make the most of this chance to connect with the investor community.

Apply here: https://shorturl.at/YlsJl

#StartupPitching #BANA #StartupGrowth

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