Beeline Startup Incubator 5th batch residents receiving investments and awards

24 October
Beeline Startup Incubator 5th batch residents receiving investments and awards

24th October, 2019, Yerevan:   Beeline Startup Incubator team has now started working actively with five resident startups of the 5th batch. Thanks to intensive courses, themed workshops and individual works, resident startups have already achieved significant success.

The first of the major achievements was the joint contribution to the Forge Fiction startup by the Business Angel Network of Armenia (BANA), SmartGateVC, Science and Technology Angel Network (STAN).

The second significant achievement was recorded in scope of the “WCIT 2019”. During the “Lightning Rounds” startup contest of the World IT Congress, which was organized in Yerevan for the first time in its 40-year history, two out of six winners were the resident startups of the 5th batch. The jury awarded the first place out of three to Forge Fiction startup, which received a prize of $ 25,000, whereas GebeCert won the 2nd place, receiving a prize of $ 10,000. The Organizing Committee established “Armenian Tech Community Prize” award for the winning teams on behalf of the Armenian IT community.

"Our incubator assigns special importance not only to providing knowledge and skills to the participants, but also to supporting the progress of the startup teams in every way possible. And this is the reason we consider successes in similar major events as our own achievements. We will utterly put best endeavor to continue providing multi-way support to the teams" said Andrey Pyatakhin, the Chief Executive Officer of Beeline Armenia.

Beeline Startup Incubator contributes to the intensive growth of startups with all its resources, providing investment opportunities for startups and their entry into the international market. They are offered a working platform, themed workshops and master classes on entrepreneurship, management, marketing, PR, as well as on financial and legal matters.

Selected resident startups use the resources of the Incubator, expert consulting and opportunity to work in active business environment during 14 weeks.