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Armenian Startup Ecosystem News Channel
by Ruben Osipyan @rubenosipyan
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Short Notice - Attention Startup Founders‼️

The first-ever Yerevan Founder Friday by TWIST is happening tomorrow on December 20th!

Founder Fridays is a global initiative by TWIST, aimed at fostering startup communities worldwide. This event is a unique opportunity to connect with fellow founders in a supportive and collaborative environment.

πŸ“… Date: December 20th
πŸ“ Location: Holiday Inn

Don’t miss out on this chance to be a part of Yerevan’s growing startup ecosystem. Follow the link below to register now!

πŸ”— Register Now: https://app.getriver.io/e/grvp4c8ywh1b

#TWIST #FounderFriday #Networking #Event

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Startup founders, hurry up to apply now to the Startup Grind Yerevan Pitch Battle happening Jan 15!

Eligibility: Tech-driven, scalable, repeatable business models, from bootstrapped to Series A.

πŸ† Prizes include:
β€’ Scaleup & Startup programs ($4,999/$2,999 value)
β€’ SG Global Conference access, stage time, and exhibits.

Yerevan winner goes global!
Compete in the Global Semi-Finals (Jan 21) and aim for the Grand Finals (Jan 23) with top founders worldwide.

πŸ‘‰ Apply now: https://airtable.com/appQk3fM8t3nTh3WW/pagfp1ffhg8AKFpMy/form
πŸ‘‰ Get your ticket: https://shorturl.at/xdFQ5

πŸ”₯ Let’s turn Yerevan into a startup arena!

β€œThe credit belongs to the man who is actually in the arena…” - Theodore Roosevelt

Step into the spotlight, pitch your vision, and make your mark on the global stage!

#StartupBattle #StartupGrindYerevan

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Great news - BANA Angels invested in Trag!

Trag redefines code review approach. By providing real-time, contextual feedback tailored to specific coding environments, Trag empowers developers to focus on creating impactful software. With Trag, coding becomes faster, smarter, and more efficient, as issues are caught before they impact projects. 

It is exciting to conclude the year with yet another investment announcement! Congrats to Trag, BANA Angels and whole ecosystem on this news.

#Trag #BANAAngels #Investment #SuccessStory

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The 2024 for the Armenian Startup Ecosystem was quite a year with ServiceTitan’s IPO, cumulative or around $700M worth of capital raised across 26 deals, the launch of Perceptron AI, global Tumo Center for Creative Technologies expansion, new laws streamlining startup growth, and Plug and Play Tech Center’s first acceleration batch in Armenia.

πŸ‘‰ Read more about these and other news in our annual recap: https://www.linkedin.com/pulse/2024-recap-major-wins-armenias-startup-h0zae/?trackingId=yONxCKpjRuKNawSLwxTjyA%3D%3D

A heartfelt thank you to Ashot Arzumanyan, Sona Veziryan, Hrant Khachatrian, Narine Davtian and Samson Avetian for their invaluable contributions.

#3N #ArmenianStartupEcosystem #AnnualRecap2024

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Dear Community - Happy New Year πŸš€

Glad to make the first post by 3N sharing an opportunity for idea stage innovative startups!

The 2025 GIST Innovates South Caucasus program launches its 2nd batch. It will be a 8-week intensive training program focuses on the Lean Startup process, customer discovery, and building a scalable business model for science & tech startups from Armenia, Azerbaijan, and Georgia.

πŸ“… Key Dates:
β€’ Apply by: 7 February 2025
β€’ Program starts: 11 April 2025

🎯 Program Benefits:
β€’ Agile customer discovery training
β€’ Weekly 1:1 mentorship
β€’ Peer support

Learn more about the program and apply here: https://www.gistnetwork.org/sc

Good luck and let's showcase Armenian tech talent in this regional program!

#Incubation #Training #IdeaStage #ScienceAndTech

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Apply to Y Combinator Spring 2025 Batch!

🌟 Y Combinator is accepting applications for the Spring 2025 funding cycle. The batch runs April–June 2025 in San Francisco.

πŸ“… Deadline to Apply On-Time: February 11 at 8 PM PT
⏳ Late applications will still be considered, but no guaranteed response time.

Dare to apply and become one of few Armenian founders - alumni of YC such as Alexis Ohanian (Reddit), Tat Ajamyan and Hrachik Ajamyan (Wakie), Armen Berjikly (Kanjoya), Raffi Isanians (Modern Realty), Andrey Santrosyan (Redouble AI), Ashot Ayvazyan (Cloudchipr), Davit Buniatyan (ActiveLoop) and others.

Learn more about YC and application process here: https://www.ycombinator.com/apply

P.S. Check out this photo of YC’s first batch with Sam Altman, Paul Graham, Alexis Ohanian and others. Learn more about the first batch here.

#YC #Acceleration #ApplyNow

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πŸš€ Applications are OPEN for EPIC Jam!

EPIC Jam is a 48-hour ideathon where you will form a team of like-minded aspiring founders to tackle real-world problems and pitch your idea to a jury.

Why Join?
β€’ Get mentorship from top industry professionals.
β€’ Participate in workshops to sharpen your idea and pitching skills.
β€’ Work with dedicated coaches guiding your team throughout.
β€’ Win prizes and rewards.

The program is open to anyone aged 18 and more from any academic background.

Apply now: https://epic.aua.am/epicjam/

Application deadline: January 15, 2025

#EPICJam #Hackathon #ApplyNow

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Noubar Afeyan and Moderna Honored with National Medal of Technology and Innovation by the President of the United States

Dr. Noubar Afeyan, Co-Founder and Board Chairman of Moderna, Founder and CEO of Flagship Pioneering was awarded the prestigious National Medal of Technology and Innovation by Dr. Arati Prabhakar, Director of the White House Office of Science and Technology Policy (OSTP), in a ceremony held at the Eisenhower Executive Office Building on January 3, 2025.

This award recognizes Moderna’s groundbreaking contributions to biotechnology, specifically the development of mRNA-based Covid-19 vaccines that a critical role in combating the global Covid-19 pandemic.

Dr. Afeyan is a visionary who co-founded FAST, Aurora and other initiatives to support Armenia’s scientific, cultural, and humanitarian development.

Join us in celebrating the recognition of Dr. Afeyan's contribution to innovation globally.

#NoubarAfeyan #Moderna #SuccessStory

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Wishing you an energetic year ahead, dear startup community πŸ”₯

This is the screenshot of Matt Turck's LinkedIn post. Matt is a source of humour and first hand VC expertise being the Managing Director of First Mark Capital.
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πŸš€ Applications Open for EPIC Incubation Program Spring 2025!

The EPIC Incubation Program is a 15-week journey for idea-stage startups to validate their ideas, discover customers, test concepts, and connect with local and international startup ecosystems. Since 2017, 130+ startups and 320+ entrepreneurs have benefited from this program.

What’s in it for you?
β€’ Workshops and guided customer discovery sessions
β€’ Tailored mentorship and access to advisors
β€’ Meetings with successful entrepreneurs
β€’ Free legal consultancy from AUA’s Tech and Innovation Legal Clinic
β€’ Opportunities to pitch to investors and win cash prizes at Demo Day

The program is open to anyone who has a startup idea.

πŸ“… Deadline: February 2, 2025
πŸ”— Details & Apply: https://epic.aua.am/incubation-program/

Source: AUA EPIC Incubation Program

#EPIC #AUA #IncubationProgram #ApplyNow

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Dear Startup Community:

The American University of Armenia (AUA) BS in Data Science program is inviting professionals in data science, machine learning, and AI to guide and evaluate Capstone projects for undergraduate students.

Roles Available:
β€’ Capstone Supervisor: Guide students throughout the 5-month project, from research to finalization.
β€’ Capstone Reviewer: Evaluate and provide feedback on final projects.

Why Participate?
β€’ Give back by nurturing future professionals with your real-world experience.
β€’ Expand your network through the collaboration with the capable youth.
β€’ Get access to innovative ideas and potential recruits (att: HR professionals).
β€’ There is a modest remuneration for supervisors.

Apply here: https://forms.gle/1Zvfm5UnecPSy9qf6
Apply by: January 17, 2025

Additional Information:
- Program Details: https://cse.aua.am/become-a-supervisor-reviewer/
- Past Capstones: https://cse.aua.am/bs-ds-capstones/

#AUA #DataScience

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Armenian startup Feedback.one is live on Product Hunt! πŸš€πŸŽ‰

Feedback.one, has launched a platform designed to help website owners collect user feedback quickly, securely, and at no cost.

By integrating a simple script, websites can enable a feedback button, simplifying the process of gathering insights. πŸ’¬

Let's make it the product of the day together!!!
https://www.producthunt.com/posts/feedback-one

#ProductHunt #Feedbackone #Upvote

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Startup and Investing Influencers You Might Not Know About πŸ”Ž

While many of us follow big names like Garry Tan, Sam Altman, Marc Andreessen, Alexis Ohanian, and other top-tier investors, we also hope you’re keeping tabs on experts from the Armenian ecosystem like Ashot Arzumanyan, Artavazd (Arto) Minasyan, Armine Galstyan, Ash Vardanian, and more.

If you’re not already following these opinion leaders, we highly recommend starting today!

In addition, we’re sharing some β€œnon-celebrity” experts from the global ecosystem who consistently share valuable insights. These voices deserve more recognition, and we believe their knowledge can greatly benefit founders and ecosystem builders.

Here’s our list of experts to follow:

1. Burak Buyukdemir
https://www.linkedin.com/in/burakbuyukdemir/

Burak shares thought-provoking insights and questions that are invaluable for founders and startup investors alike.

2. RubΓ©n D.
https://www.linkedin.com/in/rubendominguezibar/

RubΓ©n is an excellent resource for information on investors, startup opportunities, and the latest industry trends.

3. Borys Musielak
https://www.linkedin.com/in/musielak/

Borys offers unique perspectives on the global startup ecosystem, with a special focus on the CEE region and Poland.

4. Ihar Mahaniok
https://www.linkedin.com/in/mahaniok/

Originally from Belarus, Ihar is a successful VC founder supporting Diaspora founders. His content is particularly valuable for frontier founders.

5. Vadim Rogovskiy
https://www.linkedin.com/in/vadim-rogovskiy/

Originally from Ukraine. Partner at Geek Ventures, Vadim shares insights on achieving success while maintaining a healthy balance in life and work.

6. Matt Turck
https://www.linkedin.com/in/turck/

Managing Director at FirstMark Capital, Matt offers data-driven content mixed with fascinating humor, making him a must-follow for startup enthusiasts.

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We’re sure there are more experts out there to follow! Please share your recommendations in the comments. We love discovering new bright minds!

#Knowledge #Follow #KOL #Inlfuencers #Experts

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πŸš€ Opportunity for Early-Stage Startups!

Are you an early-stage startup ready to build something great? ReaktorX is here to help you take off!

What's in it for you?
πŸ’°β‚¬25K investment on Day One at a €500K valuation β€” even for idea-stage startups!
🎯 Funding from SMOK Ventures: No grant reporting, just real VC backing on your cap table.
πŸ›  Hands-on program: 1-week bootcamp in a CEE city to focus on building something customers want.
🧠 8 weeks of mentoring: Learn from founders who’ve built unicorns and have vested equity in your success.
🌍 Month-long U.S. trip: Connect with real customers and close deals.

πŸ“… Application Deadline: February 16, 2025
πŸ‘‰ Learn more and apply: https://reaktorx.com/

Source: ReaktorX LinkedIn Page Posts

#ReaktorX #EarlyStageStartups #FundingOpportunity

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Armenia’s AI Preparedness Index Results: A Call for Action Amid Regional Competition

Modex has recently published AI Preparedness Index 2023 showing that Armenia is at the 70th position, behind regional neighbors Kazakhstan (47th), Turkey (49th), and Georgia (57th).

And this result is not a coincidence. Let's have a closer look at what is done by Kazakhstan and Georgia to boost their innovation ecosystems:

1. Kazakhstan’s AI Vision

Kazakhstan has developed its Generative Nation Strategy, driven by key initiatives:
β€’ Establishing an AI Development Committee and drafting a national AI Law to regulate ethical AI practices.
β€’ Building infrastructure like KazLLM, a large language model, and a supercomputing cluster.
β€’ Training 1 million people in AI skills by 2029 and launching Tomorrow School, a peer-to-peer AI training hub.
β€’ Attracting global talent through the Digital Nomad Visa and fostering over 1,500 startups at Astana Hub, generating $1 billion in revenue.

See more on this topic from Kazakhstan's Minister of Digital, Innovation & Aerospace Zhaslan Madiyev - here.

2. Kazakhstan’s $1 Billion Fund of Funds

Kazakhstan recently announced the creation of a $1 billion Fund of Funds, channeling investments into regional and global VC funds to fuel innovation and position the country as a startup hub.

See more on this topic from Alim Khamitov, CEO of MOST Ventures - here.

3. Georgia’s Strategic Push in Startups and Fintech

Georgia is actively fostering its startup ecosystem by:
β€’ Hosting the 500 Global Program to support startups from Georgia and the broader region (including several Armenian startups).
β€’ The National Bank of Georgia is working seriously on setting Nation's Fintech Development Strategy aiming to transform Georgia into a regional fintech innovation hub.

#Analytics #Editorial

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Pitching & Angel Funding Opportunity πŸš€

BANA Angels are going to host their first pitching session this year.

Hurry up to apply by Feb 3, 2025
πŸ”— Link to apply: https://forms.gle/xjAXnfVwQa4KPtZB6

Eligibility:
- MVP
- Initial traction

Good luck!

#StartupPitching #BANA #AngelInvestment #ApplyNow

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πŸ“£ Opportunity for Early-Stage Founders: Berkeley SkyDeck!

Here’s what Berkeley SkyDeck offers:
β€’ $200K funding from Berkeley SkyDeck Fund
β€’ Intensive programming to ensure long-term success
β€’ 800+ advisors/mentors ready to guide you
β€’ Expand your network with top-tier founders
β€’ VC introductions to help fund your journey

Eligibility: Startups from any university or country can apply - UC affiliation is not required!

Learn More: Register for SkyDeck’s information sessions here.

Application Deadline: Feb. 14, 11:59 PM PT
πŸ“ŒApply here

Source: SkyDeck’s LinkedIn Post

P.S. Proud moment! In their original LinkedIn post SkyDeck highlights Armenian SuperAnnotate (reached Series B stage last year), as one of its success stories! πŸš€

#Berkeley #SkyDeck #Acceleration #Funding #Growth #ApplyNow

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πŸš€ 2025 Menlo Fellowship: For aspiring entrepreneurs based in North America!

The Menlo Fellowship by Menlo Ventures, one of Silicon Valley’s top-tier venture capital firms, is now accepting applications for 2025! If you’re exploring the idea of starting your own company, this program is designed to support your entrepreneurial journey.

The Menlo Fellowship offers a collaborative community and unparalleled resources to help you take the first steps toward launching a startup.

Key Features of the Program:
β€’ Community: Join a network of like-minded leaders to exchange feedback, insights, and learn collectively.
β€’ Networking: Build relationships with the Menlo Ventures team, seasoned founders, and industry experts.
β€’ Programming: Participate in in-person gatherings, virtual forums, and sessions on key topics like idea development, co-founder selection, and customer feedback.
β€’ Personalized Mentorship: Get regular one-on-one feedback and introductions to refine your vision.
β€’ Flexibility: Engage in the program for up to one year while maintaining your current employment.
β€’ Potential Path to Pre-Seed Funding: Select Fellows may collaborate with Menlo Labs, Menlo Ventures’ venture studio.

The fellowship is tailored for professionals established in their careers, ready to explore entrepreneurship with the confidence and resources to take their first steps.

πŸ“… Apply here: https://airtable.com/appNCeymogy3hhZG9/shrVRprBv0IBXrcU8
Learn more here: https://menlovc.com/menlo-fellowship/

#MenloVentures #MenloFellowship #ApplyNow #IdeaStageStartups

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🀝 USA and Armenia Sign Charter on Partnership and Cooperation

On January 14, 2025, the United States and Armenia signed a Charter on Partnership and Cooperation. For us a significant highlight of the document is its mention of collaboration in innovation and technological advances, signaling the potential for Armenia to further engage in cutting-edge developments and global tech ecosystems.

We look forward to seeing more actionable collaborations initated by this document.

πŸ“„ Source: Ministry of Foreign Affairs of Armenia

#Innovation #Technology #Science

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BAJ Accelerator announces call for application for its 12th Cohort!

Source: BAJ Accelerator LinkedIn Post

The 12th cohort of the BAJ Accelerator Program is set to take place from May 11–16, 2025. This cohort is extra special as BAJ celebrates its 5th Anniversary!
To honor this milestone, the May 2025 program is complementary and free for all participants - great opportunity for early-stage and scaling startups.

Apply here: https://www.bajaccelerator.com/founder-application

What’s in it for you?
Tailored for startups at Pre-Seed to Series A+ levels, it provides:
β€’ Comprehensive content to guide you through global business complexities.
β€’ Exclusive resources to help take your startup to the next level.
β€’ Opportunities to break into international markets and scale globally.

πŸŽ‰ Congratulations to the BAJ team - Emma Arakelyan, Armen Kherlopian, and everyone else on this 5th Anniversary milestone!

#BAJAccelerator #Accelerator #Startups #Expansion

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