Beeline Startup Incubator will work in a new format.

ArmInfo. Stage 3 Beeline Startup Incubator will be launched in a new format and with new start-up teams. As the press service of the company reports, the third stage  is carried out jointly with the Business Angel Network of Armenia  (BANA) network of Armenia, thanks to which after its completion the  teams that have registered the best results will be able to attract  investments.

Andrei Pyatakhin, Director General of Beeline in Armenia,  noted that the start-ups that were trained under the project have  achieved tangible achievements. "Well, we, together with our new  partner BANA, have made a step forward, and henceforth the process of  receiving investments and maintaining constant communication with the  investor for start-ups will become more real", he said.In turn, the  head of the network of business angels of Armenia Grigor Hovhannisyan  stressed that the new format of Beeline Startup Incubator will be a  breakthrough program for startups and investors. 

<At the end of each stage, we plan to make investments.  Thus, we  want the best international practice to be applied to our startups,  "he stressed.According to the report, BANA is an association of  investors who, in addition to financial means, train start-ups and  start-up enterprises to develop a business strategy and attract  potential customers. Established in the spring of 2017, BANA has  already invested in 5 startups.Note that Beeline Startup Incubator  contributes to the intensive growth of Armenian startups, ensuring  their access to the international market. Resident startups go  through a 14-week incubation period, during which training courses  and master classes on entrepreneurship, market assessment,  management, marketing, PR, financial planning, etc. are organized for  them.

Recall that "VEON Armenia" CJSC is now "VEON Armenia Holdings B.V."  (Beeline trademark) is part of the VEON group of companies, which is  one of the world's largest integrated telecom operators. The group  includes telecommunications companies that provide voice and data  services based on a wide range of wireless and fixed-line  technologies, as well as broadband Internet access to subscribers in  Russia, Italy, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia,  Georgia, Kyrgyzstan, Laos , Algeria, Bangladesh and Pakistan. Group  companies provide services under the brands "Beeline", "Kyivstar",  "Wind", "Mobilink", "Banglalink" and "Djezzy" .