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Armenian Startup Ecosystem News Channel
by Ruben Osipyan @rubenosipyan
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🚀 Catalyst NYC: Applications Open for NYU Tandon Future Labs’ Equity-Free Accelerator!

Source: Catalyst NYC Website

Catalyst NYC, part of the NYU Tandon Future Labs, is now accepting applications for its 2025 accelerator program!

Catalyst is a 6-month, in-person accelerator designed for pre-seed and seed-stage startups.

In addition to standard beneftis like AWS/Azure credits, mentorship, and workspace accepted startups will have:
- access to engineering expertise and Tandon faculty
- tax-free operations through Startup NY for up to 10 years

It is an equity-free program with no cost to participants.

Who Should Apply?
- Stage: Pre-seed or seed stage
- Sectors: Health, Cybersecurity, Data Science, AI, Robotics, Communications-IT, Emerging Media, and intersections between them
- Committment: Teams of up to 5 members ready to commit 2 days per week in the Future Labs office.

Applications Deadline: February 13, 2025 (by 5 PM EST)
Learn more and apply here: https://cbykxf3v.paperform.co/?es_id=4c586de2f9

#CatalystNYC #FutureLabs #Accelerator #Startups #EquityFree

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A Memorandum of Understanding was signed between the Innovation and Digital Development Agency of Azerbaijan and Israel Aerospace Industries Corporation to expand economic, industrial, scientific, and technological cooperation in the field of innovation.

The agreement includes the establishment of a Center of Excellence, development of training programs, and initiatives focused on human capital development to bring advanced practices and innovation to Azerbaijan.

As part of the collaboration, joint events, seminars, forums, and training programs will be organized to facilitate the exchange of expertise and knowledge.

Israel Aerospace Industries (IAI) has a long history of groundbreaking innovations in defense, aerospace, and technology. Some of their most famous and impactful innovations include:
- Arrow Missile Defense System
- Heron Unmanned Aerial Vehicles (UAVs)
- LORA (Long-Range Artillery Weapon System)
- Space Technologies: IAI is a leader in satellite technologies and has developed small, lightweight satellites for imaging and communication purposes. Their AMOS satellite series has been instrumental in global satellite communications.
- Cybersecurity Solutions: IAI’s ELTA Systems division has developed advanced cybersecurity solutions to protect critical infrastructure and secure communication networks.

Source: IDDA's LinkedIn Post

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Batch 8 Applications Are Open for 500 Global Eurasia!

Source: 500 Global Eurasia Website

Are you a pre-seed or seed-stage startup founder ready to take your startup next level?
Access 500's program designed to help founders tackle challenges and scale.

The program is run in Tbilisi and geographically this can be a good option for the founders based in Armenia.
Learn more and apply here: https://500.co/founders/eurasia/accelerator

Priority Application Deadline: February 14, 2025

Good luck!

#500Global #Eurasia #Startups #Acceleration #Funding #ApplyNow

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🚀 Startup Opportunities with Deadlines in February 2025

Looking for an acceleration or funding opportunity?
Here are some opportunities due in February 2025 - don’t miss your chance!

- Plug and Play’s Accelerator in Uzbekistan: Feb 1

- EPIC Incubation Program: Feb 2

- BANA Angels Pitching Session: Feb 3

- GIST Innovates South Caucasus program: Feb 7

- STAN Pitching Session: Feb 9

- AICA's 24th Pitching Session: Feb 10

- Equity free acceleration program by Catalyst NYC: Feb 13

- Y Combinator Spring 2025 Batch: Feb 11

- Batch 8 of 500 Global Eurasia: Feb 14

- Berkeley SkyDeck Accelerator program: Feb 14

- ReaktorX Accelerator program: Feb 16

Apply before the deadlines and make the most of these opportunities!

#Startups #Funding #Accelerators #Pitching #ApplyNow

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🚀 BANA Angels Back Prodmap AI!

Source: BANA Angels LinkedIn Post

BANA Angels invested in Prodmap.ai, an AI-powered platform that automates the entire product development cycle, transforming ideas into market-ready products with speed and precision. From AI-driven roadmap planning to real-time execution insights, Prodmap.ai helps teams prioritize smarter, execute faster, and build better.

🎉 Congrats to Prodmap.ai and BANA Angels on this exciting milestone!

#BANAAngels #Investment #ProdmapAI #SuccessStory

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🚀 Early-Stage Startups: Pitch to STAN on February 21!

STAN is accepting applications for its 22nd pitching session on February 21, 2025—a chance for early-stage startups to secure funding and join a growing network of investors and experts.

🔹 Deadline to apply: February 9, 2025
👉 Apply here:

Who should apply?

Pre-seed & seed-stage startups with an MVP and early traction
Deep-tech startups with high-risk, high-reward potential
Female-led startups from idea to concept stage

🔎 Source: STAN's LinkedIn post

#STAN #pitchingsession #startupfunding

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3N Startups pinned «🚀 Startup Opportunities with Deadlines in February 2025 Looking for an acceleration or funding opportunity? Here are some opportunities due in February 2025 - don’t miss your chance! - Plug and Play’s Accelerator in Uzbekistan: Feb 1 - EPIC Incubation Program:…»
3N Startups
🚀 BANA Angels Back Prodmap AI! Source: BANA Angels LinkedIn Post BANA Angels invested in Prodmap.ai, an AI-powered platform that automates the entire product development cycle, transforming ideas into market-ready products with speed and precision. From…
🚀Prodmap.ai Secures Another Investment—This Time from Formula VC! 

Fresh off its recent funding from BANA Angels, Prodmap.ai has now raised $200,000 from Formula VC II, and it’s starting to feel like momentum is building fast.

With AI-driven roadmap planning and real-time execution insights, Prodmap.ai is making serious steps in product development. At this pace, we can’t wait to see what’s next!

👏Congratulations to Prodmap.ai and Formula VC on this exciting journey! Source: Formula VC’s LinkedIn post.

#FormulaVC #Investment #ProdmapAI #SuccessStory

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🌱2025 Fellowship for Agri Innovators

Impact Hub Yerevan and ACBA Federation are back with their Fellowship Incubation Program—a one-year journey designed to help you grow your agriculture-focused startup.

What’s in it for you?

Professional individual support
Workshops on essential topics from idea validation to financial management, pitching, etc.
Mentorship
Membership at Impact Hub Yerevan
Daily engagement with a dynamic community of over 350 creative innovators
Access to ACBA Federation’s wide network in the agriculture industry
The top three participants of the semi-pitch will receive the chance to join the reArmenia academy for their Fundraising Program.

💰At the end of the program, the final pitch will determine the top participant who will receive a 1,200,000 AMD award!

Think your idea has what it takes? Apply ⬇️

Deadline: Feb 12, 2025, 11:59 PM.
🔗 More details here.
📝
Apply here.

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Pitch at the EBAN Congress to Secure Funding!

Source: EBAN Congress Website

EBAN Congress, co-hosted by EBAN, DanBAN, and the InvestEU Portal happening on June 3-5, 2025 will is the place to showcase your startup to a large community of EU angels and early stage investors.

Selected startups receive:
• Complimentary Tickets to the Congress
• Pitching Slot to present to top investors
• Featured Profile on the Congress website for visibility
• Full access to workshops and sessions

Apply Deadline: April 15, 2025
Apply Here: https://ebancongress.com/apply-to-pitch

#EBANCongress #PitchingEvent #StartupFunding #Networking #Investors #ApplyNow

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🚀ASA Pre Acceleration Batch 8 | Demo Day

Armenia Startup Academy is hosting the Pre-Acceleration Program Batch 8 Demo Day on February 18 at Yandex Hall.

10 startups will present their ideas to investors, industry experts, and the startup community. It’s a chance to get a first look at some of Armenia’s most promising early-stage startups, network and engage with key people shaping the ecosystem.

Also, the event will have a networking session and catering to connect and explore potential collaborations.

🤝Supported by GIZ through the Private Sector Development & TVET in Armenia project.

📌 Register here: https://lu.ma/iyew1jwp
📅 Date & Time: February 18, 6:00 PM
📍 Location: Yandex Hall, Moskovyan 35


#ASA #PitchingEvent #DemoDay #Networking

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TCF: A Global Leader in E-Commerce Marketing & Crowdfunding

In 2025, TCF marked a significant milestone in its financial evolution by issuing its inaugural coupon bonds. The total volume of the issue is AMD 400 million. The bonds are intended for free market circulation.

Nominal Value per Bond: 100,000 AMD
Offering Period: January 7, 2025 – April 7, 2025
Placement Agent: Dimension CJSC

TCF stands as one of the world's preeminent international marketing agencies, specializing in innovative technology, e-commerce, and crowdfunding solutions. With a decade of proven expertise, TCF has established itself as the industry leader in orchestrating successful million-dollar crowdfunding campaigns, setting global benchmarks for campaign success rates and revenue generation.

The company maintains strategic operations through offices in:

🇺🇸 USA – Serving North American markets and global technology hubs
🇨🇳 China – Facilitating manufacturing partnerships and Asian market expansion
🇦🇲 Armenia – Housing key development and operational teams

TCF collaborates with:

Crowdfunding Platforms: Deep integration with Kickstarter and Indiegogo
E-commerce: Strategic partnership with Amazon
Marketing Technology: Collaboration with Klaviyo for advanced marketing automation

The company has worked with brands like Keychron, CIGA Design, KaraWater, YASHICA, and Particula, helping them scale globally.

👉 Learn more here.

🔗 The bond prospectus has been registered with the Central Bank of Armenia under Decision No. 1/423 A, dated November 6, 2024. View the full document here: https://bit.ly/TCF-Bonds

📢 This is a partner post in collaboration with TCF.

#TCF #Ecommerce #crowdfundingcompany

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🚀 TUMO Labs GreenTech Incubation Program

More incubation programs are shifting focus toward sustainability, and TUMO Labs is launching its GreenTech Incubation Program. This 12-week program is designed to help entrepreneurs turn their GreenTech ideas into viable startups, providing mentorship and resources throughout the process, from idea validation to securing funding.

Who can apply?

♻️Individuals or teams passionate about green technologies, sustainable fashion or tourism, circularity, resource efficiency, or clean energy.
♻️Whether you have an idea or are ready to brainstorm and validate new concepts, the program will guide you through every step.
♻️Teams will be mixed for the Ideathon event, and new teams will be formed during the Incubation stage.

Deadline to apply: March 3.
🔗 More details here

#Incubationprogram #GreenTech #TumoLabs

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🎉 Plug and Play Expo: First Armenian Startup Batch Showcase

Armenia’s first batch of startups from the Plug and Play International Accelerator will be showcased at an upcoming Expo event. The event will highlight the innovative progress made by these startups and celebrate the achievements within Armenia's growing innovation ecosystem.

The event will bring together government officials, entrepreneurs, investors, and local and international VCs, which is a perfect opportunity for inspiration, collaboration, and networking.

🗓 Date & Time: Saturday, February 22, 2025
📌 Register here
📍 Location: Sundukyan Theater, 6 Grigor Lusavorich Street

#PlugandPlay #StartupBatch #InternationalAccelerator

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🚀 Deep Origin Challenge 2025 – Registration Open!

Are you ready to push the boundaries of AI and molecular modeling? Join DeepOrigin’s DO Challenge 2025 and put your problem-solving, creativity, and teamwork skills to the test!

Date & Time: March 22, 2025 | 09:00 - 22:00 (Armenian Time)
Location: DeepOrigin Armenia, 3 Hakob Hakobyan (Mergelyan Institute)

Challenge Overview:
• 10-hour AI-driven molecular modeling competition
• Work solo or in teams (1-4 people)
• Solve real-world challenges under resource constraints
Compete for $6,000 in cash prizes

Who Should Apply?
• Experience in CS/coding
• Bring your own laptop
• No chemistry knowledge required

Food & Beverages Provided (Lunch, Dinner, Coffee)

Pre-Registration Deadline: March 16, 2025
For inquiries: info.armenia@deeporigin.com

Find more details and apply: https://www.deeporigin.com/events/deep-origin-challenge-2025

#DeepOrigin #MolecularModeling #MachineLearning #Competition #Hackathon

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🎉 A Major Milestone for Armenia’s Startup Ecosystem!

Yesterday marked a significant moment for Armenia’s tech scene as startups from the first-ever batch of Plug & Play’s International Acceleration Program in Armenia took the stage! 🚀

The OutOfScope Telegram channel put together a great startup mapping, breaking down the verticals and technologies showcased at Demo Day.
👉Check it out here.

👏 Congratulations to the Ministry of High-Tech Industry and Plug & Play teams for making this happen! And hats off to the startups who pitched their innovations- we look forward see the next success stories emerge from this batch.

Looking forward to more game-changing programs by Plug & Play in Armenia! 🔥

#PlugAndPlay #Acceleration #DemoDay #Startups #Ecosystem #StartupEcosystem #MHTI

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🚀 Applications Open for the 7th Edition of the TransAtlantic Angel Conference (TAAC)!

The TransAtlantic Angel Conference (TAAC) is a virtual startup pitch competition that brings together early-stage business angels from Europe and the USA to support pre-seed and seed-stage startups.

This sector-agnostic event offers a “winner takes all” investment ranging from $100,000 to $200,000, with potential additional funding for up to five other promising startups.

Program Timeline:
• March 27: Program commencement.
• April 3: First pitch to investors.
• June 12: Final public presentation and winner announcement.

Application Details:
• Application Fee: $100
• Eligibility: Pre-seed and seed-stage startups from North America and greater Europe.
• Application Limit: Capped at 60 startups.

For more information and to apply, visit the TAAC website.

Source: TransAtlantic Angel Conference on Gust


#TAAC #AngelFunding #ApplyNow

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🚀 STAN & Triple S Ventures Announce Co-Investment in My Town AI!

STAN and Triple S Ventures have co-invested in My Town AI, marking the first investmend done in the scope of STAN’s Los Angeles Chapter, launched in partnership between STAN and Triple S Ventures.

My Town AI is transforming small-town management by integrating AI, municipal data, and low-cost digital twin technology. Their solution enhances local government operations, empowering understaffed communities with real-time insights for smarter, faster decision-making and improved productivity.

Learn more about the deal and startup here.

🎉 Congrats to the investors and the My Town AI team on this exciting step forward!

#TripleSVentures #STAN #Investment #STANLAChapter #SuccessStory
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🚀 Celebrating the Launch of Formula VC II Fund!

Today marks an important milestone for the Armenian startup ecosystem with the opening ceremony of Formula VC II Fund!

Since its inception in 2021, Formula VC I has backed 22 startups, many of which have grown into global leaders in fields like cybersecurity, AI, and quantum technologies. With investors and advisors from 20+ countries, Formula VC has become one of the key enablers of the Armenian startup ecosystem.

With a vision to invest $30M in 35–40 companies, Formula VC II will further fuel the next wave of innovation and strengthen Armenia’s position in the global tech ecosystem.

A heartfelt congratulations to the founders, LPs, and the entire Formula VC community on this incredible journey!

(c) Photo Credit: Itel's article

#VentureCapital #Armenia #StartupEcosystem #TechInnovation #FormulaVC

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Empowering Diaspora Tech Startups: Applications Open for Neruzh 6.0!

The Ministry of High-Tech Industry of Armenia has launched Neruzh 6.0, a program designed to support diaspora-led technology startups.

Eligibility:
- Diaspora Armenians who have lived abroad for at least 5 years.
- Teams with at least 50% diaspora founders.
- Repatriates who returned to Armenia within the last 6 months.

What's in it for you?
- A 6-day intensive program in Armenia with mentorship, networking, and startup development.
- Grants of up to $75K (30M AMD) for winning teams!
- Long-term support from an international accelerator to scale your startup.

📌 Apply by May 30, 2025, 6:00 PM!
Application Link: https://gust.com/programs/neruzh-6-0-diaspora-tech-startup-program

For more details: https://hightech.gov.am/en/tegekatvakan-kentron/ayl/norutyunner/neruzh6

#Neruzh #DiasporaStartups #ArmeniaTech #Innovation #Entrepreneurship

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“Theorizing without data is meaningless.”
Armenia vs. Estonia – A Comparative Look

As reported by Economy of Armenia channel, the minister of high-tech industry of Armenia presented Armenia’s technology sector impressive growth:

🇦🇲
- Annual turnover: 1.15 trillion drams ($2.93 billion)
- Employees in IT: 41,500
- GDP share: 7-8%

Meanwhile, during a meeting with the Estonian Association of ICT on February 5, 2025, they presented country's latest figures:

🇪🇪
- Annual turnover: €10.2 billion ($10.6 billion) - 3.6x bigger than in Armenia
- Employees in ICT: 38,942 - little bit less than in Armenia
- GDP share: 11% - which is 4-5% more than in Armenia

Key Takeaways
Despite Estonia’s smaller population (~1.3 million vs. Armenia’s ~2.8 million), its tech sector contributes more significantly to GDP, operates at a larger scale, and generates higher per-employee revenue. We understand that reasons of the success require deeper analysis, but probably the Estonian success should be found in digital transformation, startup-friendly policies, and deep integration of tech into governance.

While we are proud to see the success of the Armenian private tech sector (as an example, Formula VC recently announced a launch of their 2nd fund  of $30M  🚀) we also realize a massive need of comparing ourselves with countries like Estonia to identify key lessons and strategies that can accelerate Armenia’s growth.

Estonia’s journey from a post-Soviet state to a global leader in digital innovation proves that well-thought policies, strategic investments, and a strong startup ecosystem can drive transformative change.

The Estonian model serves not just as inspiration but as a benchmark for what’s possible. The question is - how fast can Armenia catch up?

#Armenia #Estonia #EcosystemComparison #Editorial

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