ArmInfo.On September 17, Deputy Minister of Economy of Armenia Naira Margaryan received international experts and venture investors - President of Business Angels Europe / BAE /, Executive Director of the largest venture company META, founder of the Italian Business Angels Network Luigi Amati, as well as Honorary Chairman of the European Business Angels Network / EBAN / Brigitte Baumann.
According to the press service of the Ministry of Economy, during the meeting they discussed prospects for expanding investment opportunities in startup teams.
According to Naira Margaryan, ensuring the financial accessibility for SMEs is a priority for the ministry, and business angels and venture investors are an integral part of this process.
As international experts pointed out, legislative reforms and simplification of procedures can make Armenia more attractive among business angels, which can also lead to an increase in their investments.
To note, the largest venture capital company META invested in startup teams in various countries about 40 million euros. Brigitte Baumann in 2015 recognized as the best European investor. She is the founder of Go Beyond Early Stage Investment Investing Company, operating in France, UK and Switzerland. Baumann also advises businesses and government representatives from various countries.
The Association of Business Investors Business Angel Network of Armenia (a network of business angels of Armenia (BANA), in addition to providing financial resources to start-up teams and start-up entrepreneurs, teaches them to develop business strategies and attract potential customers.
International experts are in Armenia at the invitation of the BANA Business Angel Network of Armenia to participate in a conference on attracting investments for executives and investors of information technology and business, forming startup ecosystems and providing advice on other issues. The Association of Business Investors Business Angel Network of Armenia (BANA), in addition to providing financial resources to start-up teams and start-up entrepreneurs, teaches them to develop business strategies and attract potential customers.