ArmInfo. Beeline Startup Incubator summed up the intermediate results of the 2nd incubation cycle. As the press service of the company told ArmInfo, the teams worked on their start-ups along with mentors, seminar leaders and other facilitators.
Verification monitoring of the first month of start-ups was aimed at identifying their growth and the level of knowledge gained during the seminars and meetings. According to the results of this monitoring, eSwap was in the top three. docking and e-commerce management system in various online stores; TapTap - a travel application containing game elements and allowing travel without a guide, and LinguaStorm - The international online platform for teaching 16 foreign languages through 40 or more courses in all specialties. There were two startups in the risk zone, and one dropped out of the incubation cycle. Similar monitoring will be conducted in the next three months.
"Development monitoring is an important part of the educational cycle. We intend to achieve only an excellent result. The startups undergoing the incubation cycle must finally be ready to appear before real investors, and for this you need to do a lot of work. I am very glad to see how our teams are developing, whom I want to wish great success, "said Andrey Pyatakhin, CEO of Beeline in Armenia.
To note, Beeline Startup Incubator recruited startups for the 2nd incubation cycle until September 10th. Beeline Startup Incubator helps Armenian startups to take the first steps in the market. They are provided with a working area, training seminars are organized and master classes are held on topics such as entrepreneurship, management, marketing, PR, finance and law. The selected resident start-ups use the resources and expert advice of Incubator for 4 months. At the end of the cycle, for the start-up participants in the Incubator, Demo days are organized to present their projects to selected audiences, namely investors, the media, partners and experts.
To recall, <VEON Armenia> CJSC (Beeline trademark) is a part of VEON, one of the world's largest integrated telecommunications services operators. VEON includes communication companies providing voice communication and data transfer services on the basis of a wide range of wireless and fixed communications, as well as broadband Internet access. The company has more than 200 million subscribers in Russia, Italy, Ukraine, Kazakhstan, Uzbekistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh and Pakistan. VEON provides services under the brands "Beeline", "Kyivstar>, <Wind>, <Mobilink>, <Banglalink> and <Djezzy>.