ArmInfo.Sevan Startup Summit will be held on the shore of Lake Sevan on July 28 - August 3 with support of Beeline.
According to the press service of the company, participants of the tent camp summit will compete for the USD 100,000 prize. The summit also has an USD 100,000 guaranteed investment fund that will finance 2 or 3 promising startups.
The summit will be attended by independent investors, and representatives of venture funds from around the world. This year's summit will bring together over a thousand entrepreneurs. The summit provides for reaching investment agreements worth more than $ 1 million. Startups will take part in various events and competitions.
"Sevan Startup Summit has become a tradition and an anticipated event for all startups, which is great. The excitement around the event and the obvious positive results are encouraging us to join the organizers time and again. This is year too Beeline performs as the strategic partner, giving Armenian startups the opportunity to socialize, meet investors and entrepreneurs, helping them obtain investment and new knowledge," said Beeline Armenia CEO Andrey Pyatakhin.
Beeline is the main supporter of the summit for the third year. The company supports the event in cooperation with Startup Armenia Foundation, in particular providing the participating teams with internet connection.
To recall, "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 communications companies that provide voice communications and data transmission services based on a wide range of wireless and fixed communications technologies, as well as broadband Internet access to subscribers in Russia, Italy, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyz Republic, Laos , Algeria, Bangladesh and Pakistan. Group companies provide services under the brands "Beeline", "Kyivstar", "Wind", "Mobilink", "Banglalink" and "Djezzy".