ArmInfo.Participant of the Sevan Startup Summit-2018 team Roads Vision as a result of the competition will become a resident of the Startup Beeline Incubator. As the press service of the company informs, in the last competitive day that took place on the shore of Sevan, the general director of Beeline in Armenia Andrey Pyatakhin took part in the jury's work.
"Today I took part in the work of the jury and saw very strong teams from Armenia and from abroad. Exit of the summit to the international platform will undoubtedly significantly improve the ecosystem of Armenian start-ups, which is our goal. That's why we launched our incubator and we always support such events as Sevan Startup Summit. I am very glad that one of the best start-ups of this summit will become a resident of our incubator as a reward, "said Beeline CEO Andrey Pyatakhin.
The summit was held in the format of a tent camp and took place from 22 to 29 July. This year the summit entered the international arena and was held in the UAE and India, and the finals took place in Armenia, on the shores of Sevan. Over 1000 participants from 35 countries took part in the event. 150 startup- participants of the summit had an opportunity to take part in lectures and in an informal atmosphere to communicate with well-known entrepreneurs and specialists, to meet with numerous investors and investment companies from all over the world, with whom preliminary agreements were reached.
The investment fund of the project is $ 100 thousand - these funds will be provided to one or two start-ups. The prize fund of the summit in 2018 is $ 50 thousand.
To note, Beeline has been the general partner of Sevan Startup Summit for the second consecutive year.
To recall, "VEON Armenia" CJSC (Beeline trademark) is a part of the Veon group of companies, which is one of the world's largest integrated telecom operators. The group includes communications companies providing voice and data services based on a wide range of wireless and fixed-line technologies, as well as broadband Internet access to more than 200 million subscribers in Russia, Italy, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia , Kyrgyzstan, Laos, Algeria, Bangladesh and Pakistan. The companies of the group provide services under the brands Beeline, Kyivstar, Wind, Mobilink, Banglalink and Djezzy.