ArmInfo.Beeline Armenia and Microsoft Innovation Center Armenia have summed up the results of the Product bootcamp, that was launched last year with the purpose to help young people with innovative ideas get into technological entrepreneurship and develop their own startups.
As the press service of Beeline informs, Festival and Rendcain were selected from 10 teams, for developing the best products.
In particular, Festival team, which developed an app designed specifically for film festivals, was awarded AMD 1.5 million. The team created full Android and iOS versions of the app and is now trying testing it at small-scale film festivals. Another team, the Rendchain, was awarded AMD 1 million. The team developed a beta version of their product, which is designed to enhance the speed of production and quality of 3D objects by combining the capacities of currently available software.
"It is always great to see active, capable, talented young people who view issues not as problems but as opportunities and who suggest original solutions for making people's lives better. As a responsible company, Beelines strives to support these young people with anything we can, and our joint program with the Microsoft Innovation Center is a great example of that support," said Beeline Armenia CEO Andrey Pyatakhin.
To note, the product development camp (Product bootcamp) was launched at Beeline Startup Incubator in November 2018 at the initiative of Beeline and Microsoft Innovation Center. Over 45 teams submitted applications for participation in the camp, but as a result 10 teams were selected, which on November 22 at the first working meeting interacted with representatives of various companies representing the technological community of Armenia. They were trained in the preparation of the Business canvas model, and how to properly design and build a prototype product.
To recall, <VEON Armenia> CJSC is a part of VEON (Beeline trademark) is 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>.