February offered a great opportunity to Armenian start-ups to leave their comfort zones and travel to one of the world’s biggest technology capitals, California in the United States, for an intensive 10-day programme. The programme aimed to help participants get acquainted with useful innovations, as well as the latest technology culture and trends in Silicon Valley.
In total, 13 Armenian start-ups participated in the HyeTech Entrepreneur Immersion Programme 2019, held on 15-24 February in Los Angeles and Silicon Valley, which also included visits to accelerators and investment firms.
Five Armenian start-ups that had received grants in the framework of the EU-SMEDA project were among the selected teams.
Since 2017, the EU-funded ‘Support to SME Development in Armenia’ (EU-SMEDA) project has been supporting Armenian start-ups with two types of grant – Innovation Matching Grants and Science and Technology Entrepreneurship grants.