Monday, February 26 2024 15:41
Alina Hovhannisyan

Gevorg Mantashyan: High-Tech Ministry makes consistent efforts for  emergence and progress of startups in Armenia

Gevorg Mantashyan: High-Tech Ministry makes consistent efforts for  emergence and progress of startups in Armenia

ArmInfo.First Deputy Minister of High-Tech Industry of the RA Gevorg Mantashyan participated in the "Seaside Startup Summit UAE 2024" educational business conference in the emirate of Ras Al Khaimah, United Arab Emirates.

As the press service of the department reports, at the opening of the  conference, Gevorg Mantashyan welcomed the participants of the event,  noted that the Ministry of High-Tech Industry of the Republic of  Armenia, emphasizing the development of the startup ecosystem in its  priorities and programs, makes consistent efforts for emergence and  progress of startups, supports them to be represented on important  platforms, demonstrate their solutions and products, commercialize  them, acquire partners.  

""Seaside Startup Summit UAE 2024" is one of the important platforms  in which various discussions and educational programs create a  serious opportunity for participants to improve their ideas and  projects, develop innovative solutions, present them to investors and  investment organizations from different countries, get new knowledge,  establish business relations," said the First Deputy Minister.  

Gevorg Mantashyan also had a series of discussions with participating   startups.  

High-ranking officials, businessmen, investors, representatives of  startups, venture companies, experts from different countries  participate in the conference.  

The event is held by the "Startup Armenia" Scientific-Educational  Foundation, with the support of the Ministry of High-Tech Industry of  the RA, under the high patronage of His Highness Sheikh Saud Bin Saqr  Al Qasimi, a member of the Supreme Council of the UAE, Head of Ras  al-Khaimah.  

The main goal of this representative event is to create a new  platform for startups, businessmen, investors to meet, exchange  experience, discuss opportunities for mutually beneficial   cooperation.  

It is noteworthy that in 2023, the cooperation between the Ministry  of High-Tech Industry of the RA and the "Startup Armenia"  Scientific-Educational Foundation was put on a solid basis: on  December 21, a Memorandum of Cooperation was signed, so that the  newly established Armenian companies have the experience of  presenting themselves on international platforms. The Memorandum is  also aimed at the development of the high-tech industry ecosystem,  the promotion of Armenian startup companies, the dissemination and  implementation of artificial intelligence tools.