ArmInfo.Converse Bank is sponsoring the Sevan Startup Summit 2018 as part of its 25th anniversary events. "The event will be held on July 22-29 in Sevan, with the participation of over 1000 entrepreneurs from around the world.
"Converse Bank regularly implements projects aimed at encouraging education and innovative thinking, thereby providing young people with the opportunity to obtain competitive education, as well as implementing a number of innovative projects." Cooperation with Sevan Startup Summit is one of the best opportunities to promote similar projects. In this year, for the first time, start-up ideas and projects in the field of Fintech will also be presented in the framework of this event teaches a special prize from the Bank in the amount of $ 2 thousand, "- said CEO of Converse Bank Artur Hakobyan.
At the same time, Converse Bank will install payment terminals in Sevan Startup Summit, demonstrate some banking technologies and provide plastic cards to all participants of the event.
"We are very pleased that Converse Bank has joined our sponsors and look forward to a long-term mutually beneficial cooperation. The development of a start-up ecosystem is extremely important from the point of view of creating a sustainable business environment in Armenia," said Vahagn Rapyan, CEO of Sevan Startup Summit.
According to the source, during the event, start-ups will have an opportunity to meet with investors and representatives of venture organizations, as well as attend lectures and seminars that will be conducted by successful entrepreneurs and business experts. Depending on the degree of development and scope of activity, start-ups will take part in contests, the total prize fund of which will reach $ 50 thousand. The investment fund will be $ 100 thousand, which will be provided to 2 start-ups - participants of the accelerating program.
Details can be found at sss.am.
To recall, Converse Bank has been operating in the Armenian market since September 1996. The Bank's shareholders are Advanced Global Investments LLc (hand-Eduardo Ernekian) - 80.94%, HayPost Trust Management B.V. - 14.06%, the Cathedral of the Mother See of Etchmiadzin - 5%. The Bank's branch network has 34 branches, out of which 13 are located in Yerevan, 20 - in the regions of Armenia and 1 - in the NKR.