Sevan Startup Summit 2016: Educational Business Platform

Sevan Startup Summit the first non formal startup event in the region as well as the first startup tent camp in the world Sevan Startup Summit is organized by Startup Armenia Foundation Preparations lasted for 25 days and a lot of work was carried out From territorial improvement and coast flattening to finding and interviewing the participants startup team we invited renowned speakers of the sphere and ensure the participation of potential investors the event lasted for a total of nine days and took place from august 18th to the 27th out of 102 startup applicants and startup companies the top 35 were selected for participating in the event on August 21 the ten best teams Participated in the first startup battle the winning Skycryptor team received a prize of five thousand dollars Following on 25 startup teams took part in the second startup battle on the 23rd of August the winning startup Energy Globe received a prize of 2500 dollars More than twenty speakers and three business coaches delivered interesting lectures covering the whole business cycle from idea evaluation to the finished product marketing and post-sales activities Project implementation was actively supported by one of the successful armenian startups GG Sevan Startup Summit hosted venture capital company Granatus ventures and four angel investors In addition to the 7,500 dollar prize fund one of the angel investors made an investment of $30.000 The summit participants also took part in a lot of fun activities as a result a new educational business platform was created in armenia giving hundreds of young people the opportunity to get involved in startup projects meet each other Participate in interesting lectures improve their projects and gain valuable patterns and investors our vision for the future focuses on Sevan Startup Summit becoming main startup event both locally and worldwide Attracting thousands of startups and investors for Silicon Valley to Australia This in turn will promote business tourism contribute to the creation of new vaccines and help to improve the economy and involve new resources Sevan Startup Summit a start that leads upwards.

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