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Armenian Startup Ecosystem News Channel
by Ruben Osipyan @rubenosipyan
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๐Ÿš€ Exciting Opportunity for Armenian Tech Innovators! ๐Ÿš€

The Ministry of High-Tech Industry of Armenia announced that applications are now open for VivaTech 2024, that will be held in Paris, France, from May 22 to 25, 2024.

๐ŸŒŸ Why You Should Apply:
- Network with global tech leaders and innovators.
- Showcase your products and solutions to an international audience.

๐Ÿ“… Deadline: March 25, 2024

The Ministry will cover the costs of exhibition space, construction, and entry. Participants will need to cover their travel and accommodation expenses.

๐Ÿ‘‰ Apply Here: https://hightech.gov.am/hy/vivatech-application

https://t.me/threenstartups

#mthi #vivatech2024 #armeniantech #innovation #event #networking #expo #applynow
๐ŸŒฑ Exciting News! ๐ŸŒฑ

Granatus Ventures has invested in the seed round of Sparxell, a UK-based developer of high-performance, sustainable, plant-based pigments.

Other notable investors include The Circular Innovation Fund, SpaceX-backer Future Communities Capital, and more, all supporting Sparxell's innovative mission.

"As a University of Cambridge spin-out, we were delighted to connect with Granatus Ventures through the Cambridge ecosystem. Granatus shares our ambition to make a meaningful contribution to the sustainability of our planet, and I look forward to working with the Granatus team as we scale our impact,โ€ said Dr. Benjamin Droguet, Sparxell Founder & CEO.

Sparxell's plant-based pigments offer a compelling solution to environmental challenges posed by traditional chemical colorants.

Congrats to Granatus Ventures and Sparxell!

It's exciting to see an Armenian VC fund backing an international startup ๐ŸŒŸ

https://t.me/threenstartups

#sustainability #innovation #successstory #granatusventures
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๐ŸŽ‰ Investor Connect in LA: A Day of Innovation and Networking!

STAN and Triple S Ventures organized The Investor Connect in LA on May 23 at HIRECLOUT's office in Woodland Hills.

๐ŸŽค Opening Speeches

The event kicked off with a welcome from STAN Angel, Founder & CEO of HIRECLOUT Avetis Antaplyan. It was followed by speeches from Avag Simonyan and Ruben Osipyan.

๐ŸŽฏ Panel - "Angel, VC, and Startup Perspectives on Investing"

The panel featured:
- Ari Baranian (YC W23), Co-Founder & CEO at Pirros
- Zarรฉ Baghdasarian, Venture Partner at Triple S Ventures
- Seline Karakaya, Founder & Managing Director at Excelerate Global, STAN Angel

๐Ÿš€ Pitching Session

Following the panel, the event hosted a pitching session with these startups:

Docus, VisibilityOne, StarsHunt AI, Beyond the Runway, BrandLens, okood, Dowork AI, Denovo Sciences, Cifora, Quiltt

๐ŸŽ‰ Stay tuned for more exciting updates!

https://t.me/threenstartups

#investorconnect #la #startups #innovation #networking #angelinvestors #pitching #event
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Picsart partners with Getty Images! ๐Ÿฆ„

Picsart, the photo-editing startup backed by SoftBank, is teaming up with Getty Images to develop a custom AI model for its 150 million users! ๐ŸŒŸ

๐Ÿ”น Exclusive AI Imagery: Unique and commercially usable images with Picsart's new AI model, built from Getty Images' licensed content.

๐Ÿ”น Safety & Innovation: The new AI model ensures safe creative tools, addressing concerns around AI-generated images and copyright issues.

๐Ÿ”น API Access: Built by Picsart's AI lab, PAIR, and accessible via Picsart's API services.

"This partnership enables commercially usable AI-generated imagery from a world-class brand," said Picsart CEO Hovhannes Avoyan.

https://t.me/threenstartups

#picsart #gettyimages #ai #innovation #successstory
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๐Ÿ”ˆ For Research and Educational Institutions, Technological Organizations, and Big Data Analysts!

The Institute for Informatics and Automation Problems (IIAP) of the National Academy of Sciences of Armenia and the Enterprise Incubator Foundation, supported by the Ministry of High-Tech Industry of Armeniaoffer free access to the "Aznavour" supercomputer in the Engineering City throughout 2024.

๐Ÿ’ก Key Features:

- 24,480 cores
- 39 TB memory
- 1.5 PB storage
- Infiniband FDR interconnect
- Peak performance of 861.7 teraflops/second

Perfect for:

๐Ÿ”ฌ Life Science
๐ŸŒ Earth Science
๐Ÿ”ญ Physics
๐Ÿ’ก Engineering
๐Ÿง  Data Science
๐Ÿ“Š Computer Science
๐ŸŽจ Art and Creative Technologies

Elevate your projects and research with this powerful tool. Apply here ๐Ÿ‘‰: https://anscc.sci.am/?page_id=141

https://t.me/threenstartups

#hpc #bigdata #supercomputer #research #innovation
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๐Ÿš€ Ucom Fellowship Incubation Program by Impact Hub Yerevan! ๐ŸŒฑ

Are you an innovator with a passion for technology and environmental sustainability? This program is designed to nurture early-stage projects that integrate these fields.

Get expert mentorship, workshops, and access to Impact Hubโ€™s ecosystem to turn your ideas into impactful solutions.

๐Ÿ—“ Application Deadline: August 12, 2024, 23:59 (Armenian Local Time).

Apply now to transform your vision into reality and compete for a 500,000 AMD award!

๐Ÿ‘‰ Apply Here: https://docs.google.com/forms/d/e/1FAIpQLSflrBtQAQ57KrRq0vQfnwJjKQdJxcW_vVlREj2t3qjbXgi5cw/viewform

Find more details here: https://yerevan.impacthub.net/ucom_fellowship/

https://t.me/threenstartups

#innovation #sustainability #impacthubyerevan #ucomfellowship #entrepreneurship
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Grant Opportunity for Armenian startups!

Apply for the "Market Entry" grant from the "Idea to Business" program run by the Ministry of HTI!

Winners can get an equity-free grant of up to 10M AMD ($25K) to launch your product.

Application deadline is September 16, 2024, at 4 PM GMT+4.

๐Ÿ‘‰ Apply here: https://armeps.am/epps/cft/listContractDocuments.do?resourceId=10628112

https://t.me/threenstartups

#startup #grant #armenia #tech #innovation #business #funding #mhti
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A Global Acceleration Program Comes to Armenia! ๐ŸŒŸ

The Ministry of High-Tech Industry starts a collaboration with Plug and Play.

In the scope of collaboration a 26-week program will be launched to empower Armenian startups. This program will offer consultation services, capacity building, business development, innovation support, and one-on-one mentoring.

Notably, Plug and Play's investment fund previously invested in a number of startups with Armenian founders such as Aarki (exited to Skills), SuperAnnotate and ModicusPrime.

Glad to see that the initiative started by the previous leadership of the ministry was successfully continued and implemented by the new leadership team.

We hope to hear more news coming out from this partnership. Can't wait to see program's impact on the Armenian startup ecosystem ๐Ÿ‡ฆ๐Ÿ‡ฒ๐Ÿš€

https://t.me/threenstartups

#plugandplay #innovation #startupecosystem #mhti #finally
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๐Ÿ’กTCF Armenia announces "Innovate Armenia" competition
The โ€œInnovate Armeniaโ€ invites innovative thinkers from across Armenia to present their groundbreaking ideas and projects. This pan-Armenian initiative by TCF aims to bring innovation and develop products that can compete in international markets. The goal is to encourage innovation in Armenia and create physical products that are competitive in global markets.

Participants are required to submit:

โœ… A background story of the idea,
โœ… A complete and detailed description of the product, including sketches and diagrams,
โœ… Market research and a development plan,
โœ… An explanation of what makes the project unique and worthy of becoming a real product.

โ•Both, individuals and teams from all over Armenia are welcome to participate. The application deadline is October 31.

๐Ÿ”ŽMore details: https://tinyurl.com/428u3skn
๐Ÿ”—Apply: https://tinyurl.com/3e8chmf7

#TCFArmenia #InnovateArmenia #Innovation
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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 employeeโ€™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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๐Ÿ”ฅ Join 3N to stay on top of startup news
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๐Ÿค 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.

๐Ÿ“„ Source: Ministry of Foreign Affairs of Armenia

#Innovation #Technology #Science

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๐Ÿ”ฅ Join 3N to stay on top of startup news!
๐Ÿš€ 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?
โ€ข Early-stage deep tech startups founded or co-founded by women in top management roles (CEO, CTO, etc.).
โ€ข Women must hold at least 25% of the shares at the time of application.
โ€ข Startups must be registered in an EU Member State or Horizon Europe Associated Country (Armenia is included!).
โ€ข Startups should be 6 months to 8 years old as of the submission deadline.

Whatโ€™s on Offer?
โ€ข โ‚ฌ75,000 equity-free grant
โ€ข Access to business support services
โ€ข 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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๐Ÿ”ฅ Join 3N to stay updated on startup opportunities!
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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.

๐Ÿ“Œ 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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๐Ÿ”ฅ Join 3N to stay updated on startup opportunities!
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As How2B reports, Web3 Armenia has issued an open letter expressing disagreement with the Central Bank of Armeniaโ€™s proposed crypto regulations. You can read the letter here (in Armenian).

We'd love to hear CBAโ€™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 itโ€™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! Letโ€™s foster dialogue and drive innovation forward.

#FinTech #Web3Armenia #CBA #Regulation #Innovation #PPP #Dialogue

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๐Ÿ”ฅ Join 3N to stay updated on startup news!
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STRIVE Pre-Incubation Program โ€“ 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!

Whatโ€™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
๐Ÿ‘‰ Apply here: tinyurl.com/5dms926r

#STRIVE #Entrepreneurship #Innovation #PreIncubation #AUA #EPIC

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๐Ÿ”ฅ Join 3N to stay updated on startup news!
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๐Ÿš€ 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, Krispโ€™s technology is setting a new standard for AI-driven voice interactions.

๐Ÿ“ข Learn more & request a demo: krisp.ai/developers

The press release was published on March 20 - what a perfect birthday gift for Krispโ€™s co-founder Davit Baghdasaryan! ๐ŸŽ‰ Happy birthday, Davit, and congratulations to the Krisp team! ๐Ÿ™Œ

#AI #VoiceTech #KrispAI #Innovation #SuccessStory

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๐Ÿ”ฅ Join 3N to stay updated on startup news!
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