11 / February / 2023 : 15-33
Investment in Armenian startups and emerging businesse
Armenia has a growing startup ecosystem, with a range of innovative companies emerging in sectors such as IT, biotech, clean energy, and agriculture. These startups and emerging businesses have the potential to make a significant impact on the Armenian economy and create job opportunities for young professionals.
Investing in Armenian startups and emerging businesses is an excellent way to support the country's economy while also gaining exposure to high-potential ventures. The Armenian government has implemented a range of incentives to attract investors to the country, including tax breaks, financial support, and streamlined visa procedures.
Many accelerators, incubators, and venture capital firms have also been established in Armenia, offering support and funding to promising startups. Some of the most successful Armenian startups include PicsArt, an image and video editing app with over 150 million monthly active users, and Teamable, a platform that streamlines employee referrals for businesses.
Investing in Armenian startups and emerging businesses also offers the opportunity to tap into a diverse talent pool of young, educated, and tech-savvy professionals. Many Armenian startups have a global outlook and are well-positioned to serve international markets.
In conclusion, investing in Armenian startups and emerging businesses is a smart move for investors looking for high-potential ventures with a global outlook. With the support of the Armenian government and a growing network of accelerators and venture capital firms, the country's startup ecosystem is poised for further growth and success.
Published on 11 / February / 2023 : 15-33
Published by
Liana Aloyan
Journalist, columnist. Liana studies at the Faculty of Russian Philology of Khachatur Abovyan State University. She has been working at Yelaket (Yelaket.am) news agency since 2019 as a journalist and columnist. Writes articles about business and marketing. Liana is a member of "Media association" since 2020.
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