Beeline Startup Incubator completes 4th cycle

ArmInfo.Beeline Startup Incubator has completed its 4th incubation cycle.  According to the press service of the company, yesterday, on  September 4, five startup teams introduced the invited investors,  representatives of startup ecosystem and other guests to their  innovative ideas and business projects.

"Beeline has contributed to the development of startup ecosystem in  Armenia for several years now. We are happy that we have had the  opportunity to work with young and talented people. We have  registered significant progress during the three months of experience  exchange between the participants and the organizers. We are hopeful  that Beeline Startup Incubator has helped the newly-created  establishments receive the necessary knowledge to turn their good  ideas into business projects," Beeline Armenia CEO Andrey Pyatakhin  satd.

According to the source, the five resident teams of this cycle are  Mealo, StackDev, ARD Music, WedZig, RendChain.

The goal of Beeline Startup Incubator is to support, with all its  resources, the intensive growth of Armenian startups, ensuring their  access to the international market. Residents are provided with a  working platform, they undergo trainings and master classes in  business, management, marketing, PR, and also receive answers to  questions regarding the financial and legal segments. For 14 weeks,  selected resident startups have been using incubator resources,  expert advice, and opportunities to work in an active business  environment.

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 providing voice and data services  based on a wide range of wireless and fixed-line technologies, as  well as broadband Internet access for subscribers in Russia, Italy,  Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia,  Kyrgyzstan, Laos , Algeria, Bangladesh and Pakistan. The companies of  the group provide services under the brands Beeline, Kyivstar, Wind,  Mobilink, Banglalink and Djezzy.