Good news for the Armenian startup community!
The National Assembly has approved a law on "State Support for the High-Tech Sector" with several important changes.
The package envisions providing over $80 million in annual support to technology sector companies in terms of tax benefits covering income tax, corporate tax, and turnover tax. Beneficiaries include micro, small, medium, and large businesses, as well as relocated and subsidiary companies, branches, and other legal entity divisions. Sole entrepreneurs are also eligible beneficiaries.
Here's what's new:
1) Boosting R&D: Resident companies paying corporate profit tax can reduce taxable income by 200% of salaries paid to R&D specialists.
2) Incentives for Hiring New Talent: Companies hiring new employees will receive 60% of the new employee’s income tax as state support for three years.
3) Turnover Tax Reduction: Entrepreneurs and high-tech companies with turnover of up to $280k/year (AMD 115M) will benefit from a reduced tax rate of 1% (vs 5%).
4) Support for Relocants (Work Migrants): Starting Jan 1, 2026: 60% income tax reimbursement to relocants. For 2025: Same support extended to companies employing them.
Sources: Vice President of National Assembly Hakob Arsakhyan - See original post here and Advisor to VP of NA Sergey Muradyan - See the post here
#PolicyUpdates #StateSupport #Incentives
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The National Assembly has approved a law on "State Support for the High-Tech Sector" with several important changes.
The package envisions providing over $80 million in annual support to technology sector companies in terms of tax benefits covering income tax, corporate tax, and turnover tax. Beneficiaries include micro, small, medium, and large businesses, as well as relocated and subsidiary companies, branches, and other legal entity divisions. Sole entrepreneurs are also eligible beneficiaries.
Here's what's new:
1) Boosting R&D: Resident companies paying corporate profit tax can reduce taxable income by 200% of salaries paid to R&D specialists.
2) Incentives for Hiring New Talent: Companies hiring new employees will receive 60% of the new employee’s income tax as state support for three years.
3) Turnover Tax Reduction: Entrepreneurs and high-tech companies with turnover of up to $280k/year (AMD 115M) will benefit from a reduced tax rate of 1% (vs 5%).
4) Support for Relocants (Work Migrants): Starting Jan 1, 2026: 60% income tax reimbursement to relocants. For 2025: Same support extended to companies employing them.
Sources: Vice President of National Assembly Hakob Arsakhyan - See original post here and Advisor to VP of NA Sergey Muradyan - See the post here
#PolicyUpdates #StateSupport #Incentives
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Linkedin
#innovation #hightech #armenia #r #futureready | Hakob Arshakyan
📢 Armenia's High-Tech Future: Bold Steps Forward!
The National Assembly has approved a transformative law on "State Support for the High-Tech Sector," showcasing Armenia's commitment to innovation and technological growth. Here's what's new:
🚀 Support for…
The National Assembly has approved a transformative law on "State Support for the High-Tech Sector," showcasing Armenia's commitment to innovation and technological growth. Here's what's new:
🚀 Support for…
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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.
📄 Source: Ministry of Foreign Affairs of Armenia
#Innovation #Technology #Science
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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.
📄 Source: Ministry of Foreign Affairs of Armenia
#Innovation #Technology #Science
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www.mfa.am
The signing of the Strategic Partnership Charter between the Republic of Armenia and the United States of America took place in…
On January 14, the signing of the Strategic Partnership Charter between the Republic of Armenia and the United States of America took place in the U.S. Department of State in Washington.
🚀 Women TechEU Call for Startups is Now OPEN!
Source: Women TechEU LinkedIn Post and Website
Women TechEU is a 2-year EU-funded initiative aimed at empowering women leading deep tech startups across Europe.
Who Can Apply?
• Early-stage deep tech startups founded or co-founded by women in top management roles (CEO, CTO, etc.).
• Women must hold at least 25% of the shares at the time of application.
• Startups must be registered in an EU Member State or Horizon Europe Associated Country (Armenia is included!).
• Startups should be 6 months to 8 years old as of the submission deadline.
What’s on Offer?
• €75,000 equity-free grant
• Access to business support services
• Opportunity to be among the 160 selected startups
Application Deadline: March 17th, 2025 (17:00 CET, Brussels Time)
Apply Now: https://womentecheurope.eu
#WomenTechEU #Startups #EquityFreeFunding #Innovation
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Source: Women TechEU LinkedIn Post and Website
Women TechEU is a 2-year EU-funded initiative aimed at empowering women leading deep tech startups across Europe.
Who Can Apply?
• Early-stage deep tech startups founded or co-founded by women in top management roles (CEO, CTO, etc.).
• Women must hold at least 25% of the shares at the time of application.
• Startups must be registered in an EU Member State or Horizon Europe Associated Country (Armenia is included!).
• Startups should be 6 months to 8 years old as of the submission deadline.
What’s on Offer?
• €75,000 equity-free grant
• Access to business support services
• Opportunity to be among the 160 selected startups
Application Deadline: March 17th, 2025 (17:00 CET, Brussels Time)
Apply Now: https://womentecheurope.eu
#WomenTechEU #Startups #EquityFreeFunding #Innovation
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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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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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As How2B reports, Web3 Armenia has issued an open letter expressing disagreement with the Central Bank of Armenia’s proposed crypto regulations. You can read the letter here (in Armenian).
We'd love to hear CBA’s response and see both organizations, along with the Government and the National Assembly engage in a constructive dialogue to shape the future of fintech innovation in Armenia.
Meanwhile, neighboring Georgia is taking a proactive approach. The National Bank of Georgia recently initiated a national fintech strategy focused on:
1. Progressive regulation to support fintech startups
2. Early-stage experimentation with blockchain and emerging technologies
3. Cross-border fintech collaboration to scale Georgian startups internationally
While it’s exciting to see this development in brotherly Georgia, it also serves as a wake-up call for Armenia. With our startup ecosystem, banking sector, and diaspora connections, fintech has a huge development potential here. Public-private partnerships are key to making that happen! Let’s foster dialogue and drive innovation forward.
#FinTech #Web3Armenia #CBA #Regulation #Innovation #PPP #Dialogue
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We'd love to hear CBA’s response and see both organizations, along with the Government and the National Assembly engage in a constructive dialogue to shape the future of fintech innovation in Armenia.
Meanwhile, neighboring Georgia is taking a proactive approach. The National Bank of Georgia recently initiated a national fintech strategy focused on:
1. Progressive regulation to support fintech startups
2. Early-stage experimentation with blockchain and emerging technologies
3. Cross-border fintech collaboration to scale Georgian startups internationally
While it’s exciting to see this development in brotherly Georgia, it also serves as a wake-up call for Armenia. With our startup ecosystem, banking sector, and diaspora connections, fintech has a huge development potential here. Public-private partnerships are key to making that happen! Let’s foster dialogue and drive innovation forward.
#FinTech #Web3Armenia #CBA #Regulation #Innovation #PPP #Dialogue
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How2B
Web3 համայնքը հանդես է եկել կոչով՝ կրիպտո ոլորտի կառավարության վավերացրած օրենքի նախագծի վերաբերյալ - How2B
Web3 Հայաստան շահույթ չհետապնդող հիմնադրամը հանդես է եկել կոչով՝ կրիպտո ոլորտի կառավարության վավերացրած օրենքի նախագծի վերաբերյալ։ Կից ներկայացնում ենք կոչի
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STRIVE Pre-Incubation Program – Applications NOW OPEN!
Ready to develop your entrepreneurial mindset? Join AUA EPIC's STRIVE, a 10-week immersive program designed to equip you with the fundamentals of entrepreneurship and innovation!
What’s in it for you?
- Interactive lectures, meetups & workshops
- Insights from industry leaders & networking opportunities
- Personal & professional coaching
No startup idea needed - just curiosity and a desire to learn!
Eligibility:
- Age 18+
- Available for weekly in-person sessions at AUA (7-9 PM)
- English proficiency (intermediate+)
Application Deadline: March 14, 2025
👉 Apply here: tinyurl.com/5dms926r
#STRIVE #Entrepreneurship #Innovation #PreIncubation #AUA #EPIC
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Ready to develop your entrepreneurial mindset? Join AUA EPIC's STRIVE, a 10-week immersive program designed to equip you with the fundamentals of entrepreneurship and innovation!
What’s in it for you?
- Interactive lectures, meetups & workshops
- Insights from industry leaders & networking opportunities
- Personal & professional coaching
No startup idea needed - just curiosity and a desire to learn!
Eligibility:
- Age 18+
- Available for weekly in-person sessions at AUA (7-9 PM)
- English proficiency (intermediate+)
Application Deadline: March 14, 2025
👉 Apply here: tinyurl.com/5dms926r
#STRIVE #Entrepreneurship #Innovation #PreIncubation #AUA #EPIC
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🚀 Krisp Unveils SDK to Enhance AI Voice Agent Communication
Krisp has launched its Noise Cancellation SDK, designed to enhance turn-taking, speech recognition accuracy, and interrupt-handling for AI voice agents. By eliminating background noise and secondary voices, this SDK ensures seamless, uninterrupted conversations between humans and AI.
Key Features:
- Real-time background noise & voice removal
- Improved voice activity detection (VAD)
- Server-side & on-device deployment options
- Integrations available for Python, Node.js, JavaScript/WASM & more
Already powering Vodex, Fixie (Ultravox), Daily, LiveKit, Fluidworks, and Synthflow, Krisp’s technology is setting a new standard for AI-driven voice interactions.
📢 Learn more & request a demo: krisp.ai/developers
The press release was published on March 20 - what a perfect birthday gift for Krisp’s co-founder Davit Baghdasaryan! 🎉 Happy birthday, Davit, and congratulations to the Krisp team! 🙌
#AI #VoiceTech #KrispAI #Innovation #SuccessStory
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Krisp has launched its Noise Cancellation SDK, designed to enhance turn-taking, speech recognition accuracy, and interrupt-handling for AI voice agents. By eliminating background noise and secondary voices, this SDK ensures seamless, uninterrupted conversations between humans and AI.
Key Features:
- Real-time background noise & voice removal
- Improved voice activity detection (VAD)
- Server-side & on-device deployment options
- Integrations available for Python, Node.js, JavaScript/WASM & more
Already powering Vodex, Fixie (Ultravox), Daily, LiveKit, Fluidworks, and Synthflow, Krisp’s technology is setting a new standard for AI-driven voice interactions.
📢 Learn more & request a demo: krisp.ai/developers
The press release was published on March 20 - what a perfect birthday gift for Krisp’s co-founder Davit Baghdasaryan! 🎉 Happy birthday, Davit, and congratulations to the Krisp team! 🙌
#AI #VoiceTech #KrispAI #Innovation #SuccessStory
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Krisp
Krisp cancels background noise, records, transcribes, and summarizes meetings and calls.
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Armenian Code Academy, STEP Consulting LLC, and Technological Education Foundation published their Armenia’s Tech & Startup Ecosystem Overvew for 2025🚀📊
Key Highlights:
• 1,253 active tech companies in Armenia
• 58,700 professionals are employed in tech sector
• $2.3B industry turnover in 2024
• 7% of GDP from ICT – a significant contributor to the GDP
• $120M+ in startup funding in 2024 – Great year with multiple Series A & B rounds.
• 🦄 ServiceTitan IPO on NASDAQ – The first Armenian-founded startup to go public, valuing at nearly $10B.
• Plug & Play’s entry into Armenia – A huge milestone for the country!
🔗 Donwloand the full report here: https://bootcamps.aca.am/insights
#ArmeniaTech #StartupEcosystem #Investment #TechGrowth #Innovation
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Key Highlights:
• 1,253 active tech companies in Armenia
• 58,700 professionals are employed in tech sector
• $2.3B industry turnover in 2024
• 7% of GDP from ICT – a significant contributor to the GDP
• $120M+ in startup funding in 2024 – Great year with multiple Series A & B rounds.
• 🦄 ServiceTitan IPO on NASDAQ – The first Armenian-founded startup to go public, valuing at nearly $10B.
• Plug & Play’s entry into Armenia – A huge milestone for the country!
🔗 Donwloand the full report here: https://bootcamps.aca.am/insights
#ArmeniaTech #StartupEcosystem #Investment #TechGrowth #Innovation
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📢 Armenia’s AI leap: how open access and strategic alliances could supercharge a small country’s high-tech future
Armenia is prioritizing AI and deep tech, having in mind there is no barrier to innovation. Here are the key takeaways from the article by Suzanna Shamakhyan, executive director of FAST:
Notable Developments:
• Armenia initiated a partnership with Mistral AI, aligning with Europe’s AI ecosystem.
• ServiceTitan, a unicorn co-founded by Armenian-Americans, IPO-ed in Dec 2024.
• NVIDIA operates in Armenia, while SpaceX’s Starlink is set for nationwide deployment.
Education:
• FAST’s Generation AI program aims to reach 85% of high school students by 2026.
• TUMO’s success model has expanded globally to Paris, Berlin, and beyond.
The Global Context:
• Armenia ranks 63rd in the Global Innovation Index.
• The country attracts tech talent from Russia, much like Israel did in the ‘90s.
• AI-driven education and diaspora-led funding are fueling the rise of new startups.
Read the full article here: https://neweasterneurope.eu/2025/03/25/armenias-ai-leap-how-open-access-and-strategic-alliances-could-supercharge-a-small-countrys-high-tech-future/
#AI #TechEcosystem #ArmeniaTech #DeepTech #Innovation
Armenia is prioritizing AI and deep tech, having in mind there is no barrier to innovation. Here are the key takeaways from the article by Suzanna Shamakhyan, executive director of FAST:
Notable Developments:
• Armenia initiated a partnership with Mistral AI, aligning with Europe’s AI ecosystem.
• ServiceTitan, a unicorn co-founded by Armenian-Americans, IPO-ed in Dec 2024.
• NVIDIA operates in Armenia, while SpaceX’s Starlink is set for nationwide deployment.
Education:
• FAST’s Generation AI program aims to reach 85% of high school students by 2026.
• TUMO’s success model has expanded globally to Paris, Berlin, and beyond.
The Global Context:
• Armenia ranks 63rd in the Global Innovation Index.
• The country attracts tech talent from Russia, much like Israel did in the ‘90s.
• AI-driven education and diaspora-led funding are fueling the rise of new startups.
Read the full article here: https://neweasterneurope.eu/2025/03/25/armenias-ai-leap-how-open-access-and-strategic-alliances-could-supercharge-a-small-countrys-high-tech-future/
#AI #TechEcosystem #ArmeniaTech #DeepTech #Innovation
LinkedIn
⚡️The Ministry of High-Tech Industry of the Republic of Armenia and French Mistral AI have partnered to foster collaboration in…
⚡️The Ministry of High-Tech Industry of the Republic of Armenia and French Mistral AI have partnered to foster collaboration in the field of artificial intelligence
This collaboration will:
✅ Strengthen Armenia’s AI ecosystem through knowledge sharing &…
This collaboration will:
✅ Strengthen Armenia’s AI ecosystem through knowledge sharing &…
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The POCTRN network announced six new award opportunities to foster groundbreaking advancements in health technology.
They seek applications from academic and industry applicants who have innovative point-of-care technologies in areas of chronic disease, infectious disease and disease prevention, such as cancer detection, heart, lung, blood, and sleep disorders, STIs, emerging infectious disease in low-resource settings, and more.
Each center offers unique awards, with the potential for awards to reach up to $150,000. Successful applicants may also receive 12 months of in-kind support services.
Applications are due on June 6, 2025.
Learn more and apply here: https://www.poctrn.org/solicitation-2025
#HealtTech #Innovation #Awards #Competition
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They seek applications from academic and industry applicants who have innovative point-of-care technologies in areas of chronic disease, infectious disease and disease prevention, such as cancer detection, heart, lung, blood, and sleep disorders, STIs, emerging infectious disease in low-resource settings, and more.
Each center offers unique awards, with the potential for awards to reach up to $150,000. Successful applicants may also receive 12 months of in-kind support services.
Applications are due on June 6, 2025.
Learn more and apply here: https://www.poctrn.org/solicitation-2025
#HealtTech #Innovation #Awards #Competition
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Are you innovating in the realm of urban tech?
Don't miss a chance. Submit your proposal to build more livable urban environment.
Solutions from around the world are invited to apply. To be eligible, applicants must:
- Be a legally registered business, civil society organization, or academic institution.
- Present a solution that is beyond the idea stage (i.e., already piloted, implemented or validated with users).
- Demonstrate readiness to facilitate the adaptation of their solutions in secondary cities in Armenia, Montenegro, North Macedonia, Kosovo, and/or Ukraine.
Prior experience in these countries/region is an advantage but not required.
If selected, you’ll have the chance to:
- Demo your solution at BOOST Discovery Days (19-21 October 2025), directly to city representatives.
- Match with cities facing real-world challenges.
- Receive tailored support to co-develop pilots and partnerships.
- Apply for up to US$30,000 in funding to adapt, pilot, or scale your solution in our partner cities in 2026.
📅 Deadline to apply: 19 October 2025
📌Apply here
#UrbanTech #Innovation
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Don't miss a chance. Submit your proposal to build more livable urban environment.
Solutions from around the world are invited to apply. To be eligible, applicants must:
- Be a legally registered business, civil society organization, or academic institution.
- Present a solution that is beyond the idea stage (i.e., already piloted, implemented or validated with users).
- Demonstrate readiness to facilitate the adaptation of their solutions in secondary cities in Armenia, Montenegro, North Macedonia, Kosovo, and/or Ukraine.
Prior experience in these countries/region is an advantage but not required.
If selected, you’ll have the chance to:
- Demo your solution at BOOST Discovery Days (19-21 October 2025), directly to city representatives.
- Match with cities facing real-world challenges.
- Receive tailored support to co-develop pilots and partnerships.
- Apply for up to US$30,000 in funding to adapt, pilot, or scale your solution in our partner cities in 2026.
📅 Deadline to apply: 19 October 2025
📌Apply here
#UrbanTech #Innovation
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Office
Please fill out this form
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Deep-Tech Founders: EIC Pathfinder Deadline Is Approaching!
The European Innovation Council (EIC) is inviting research teams and deep-tech startups to apply for EIC Pathfinder 2025, funding instrument supporting science and breakthrough innovation.
This is a grant funding opportunity of €300K to €500K to support early stage development of future technologies.
The grant will cover 70 % of eligible cost of the project. The remaining 30% should be co-funded by the beneficiary through its own resources.
Applicants must demonstrate:
- high-impact innovation that could create new markets or disrupt existing ones (at least TRL 4);
- ownership of the Intellectual Property Rights to ensure freedom to operate and adequate protection of the idea;
- a clear vision on the intended pathway to market (milestones together with concrete and verifiable KPIs to assess progress towards the market);
- the ambition and commitments to scale up.
Application Deadline: November 18, 2025
Learn more and apply: https://eic.ec.europa.eu/eic-funding-opportunities/eic-pre-accelerator_en
✅ Companies incorporated in Armenia are eligible for this opportunity.
#EIC #Pathfinder #HorizonEurope #DeepTech #Innovation #Armenia
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The European Innovation Council (EIC) is inviting research teams and deep-tech startups to apply for EIC Pathfinder 2025, funding instrument supporting science and breakthrough innovation.
This is a grant funding opportunity of €300K to €500K to support early stage development of future technologies.
The grant will cover 70 % of eligible cost of the project. The remaining 30% should be co-funded by the beneficiary through its own resources.
Applicants must demonstrate:
- high-impact innovation that could create new markets or disrupt existing ones (at least TRL 4);
- ownership of the Intellectual Property Rights to ensure freedom to operate and adequate protection of the idea;
- a clear vision on the intended pathway to market (milestones together with concrete and verifiable KPIs to assess progress towards the market);
- the ambition and commitments to scale up.
Application Deadline: November 18, 2025
Learn more and apply: https://eic.ec.europa.eu/eic-funding-opportunities/eic-pre-accelerator_en
✅ Companies incorporated in Armenia are eligible for this opportunity.
#EIC #Pathfinder #HorizonEurope #DeepTech #Innovation #Armenia
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ec.europa.eu
EU Funding & Tenders Portal
The Funding and Tenders Portal is the single entry point (the Single Electronic Data Interchange Area) for applicants, contractors and experts in funding programmes and procurements managed by the European Commission.
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Vickino Day is happening tomorrow
Doctors, healthcare providers, innovators, entrepreneurs, and industry leaders are coming together for a full day focused on healthcare innovation, collaboration, and real-world impact.
If you’re working in or around health and medtech, this is a strong opportunity to connect, learn, and exchange practical insights.
• View the full program
• Register for the event
• Follow the event live
#VickinoDay #HealthCare #Innovation
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Doctors, healthcare providers, innovators, entrepreneurs, and industry leaders are coming together for a full day focused on healthcare innovation, collaboration, and real-world impact.
If you’re working in or around health and medtech, this is a strong opportunity to connect, learn, and exchange practical insights.
• View the full program
• Register for the event
• Follow the event live
#VickinoDay #HealthCare #Innovation
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🇦🇲 Two of Armenia's biggest tech figures honored with the Order for Services to the Fatherland
Hovhannes Avoyan, founder of Armenia's first unicorn, Picsart, and Sam Simonian, founder of TUMO and President of AGBU, were recognized for their long-standing contributions to education, science, culture, economic development and the future of Armenia.
Their journeys look nothing alike, but the mark they've left does. One built a technology company that carried Armenian innovation onto the global stage. The other changed how an entire generation of young Armenians learns to create — TUMO, an idea now borrowed by cities far beyond Armenia.
Both have shown that serving your country doesn't always happen through public office. Sometimes it happens by building companies, creating opportunities, investing in education and helping the next generation dream bigger.
Congratulations to Hovhannes Avoyan and Sam Simonian on this well-deserved recognition.
#Innovation
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Hovhannes Avoyan, founder of Armenia's first unicorn, Picsart, and Sam Simonian, founder of TUMO and President of AGBU, were recognized for their long-standing contributions to education, science, culture, economic development and the future of Armenia.
Their journeys look nothing alike, but the mark they've left does. One built a technology company that carried Armenian innovation onto the global stage. The other changed how an entire generation of young Armenians learns to create — TUMO, an idea now borrowed by cities far beyond Armenia.
Both have shown that serving your country doesn't always happen through public office. Sometimes it happens by building companies, creating opportunities, investing in education and helping the next generation dream bigger.
Congratulations to Hovhannes Avoyan and Sam Simonian on this well-deserved recognition.
#Innovation
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