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Armenia Startup Academy pre-accelerator is a 14-week program designed to guide tech companies/teams through the process of customer development using advanced tracking methodologies and instruments. Upon graduation, the teams have practical understanding of market context for their products and practical steps for the next 6 months. Program culminates with a Demo Day, where startups present their solutions to the investors, community and general audience.
THE KEY COMPONENTS
OF THE PROGRAM
FUNDING
Support in receiving local and EU
grants and connecting with local
as well as US- and EU-based angels and VCs
CUSTOMER DEVELOPMENT
Silicon Valley tracking tools helping startups to track their everyday progress towards value creation and efficiency of distribution channels
MENTORSHIP
Individual work with the teams by the Academy instructors and
entrepreneurial assistants, as well as pairing with foreign and local mentors
ACCESS TO ACCELERATORS
Guidance and coaching to apply to regional and global accelerators
ACCESS TO NETWORK
Guidance to build relevant
partnerships for market validation
and access to networks
ADMIN SUPPORT
Financial and legal support,
legal council, financial and
tax administration
CURRICULUM AND TRAINING
Providing practical knowledge, tech architecture coaching, and weekly lectures, workshops, guest-speaker talks about the main topics:
Team/Founders
Technology
Business Model
Market
Customers
Competitors
Ecosystem
Investor Interest
IP & Legal
Financial
WHO CAN APPLY?
Early-stage for-profit tech startups
Strong teams with complementary skills
Startups with scalability potential
Teams who want to acquire hands-on experience
SELECTION CRITERIA
Although the final selection will be made by the Academy team based on the individual interviews the following criteria play a decisive role:
scalability potential
complementarity of the team composition
(business, tech, other as necessary)
individual team members’ track record
maturity of the startup
ABOUT THE GRANTS
Up to 10K EUR
For up to 8 top-performing startups
Selection to be made on Week 10-11

COMMUNITY
The whole educational process takes place at Hero House.
It is the space where the atmosphere of excellence, integrity, friendship, hard work, and fun nurture teams capable of global success.
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