Armenia Startup Academy focuses on developing entrepreneurship and startup education programs that equip capable teams with the knowledge and skills necessary to create products that resonate with customers. By emphasizing practical learning and industry insights, the academy fosters innovation and supports entrepreneurial growth.
With Batch 8, we extend our mission by helping Armenian tech companies in life sciences, connected hardware, and B2B SaaS to scale internationally. We assist teams in transforming their ideas, research, or prototypes into market-ready products while removing market entry obstacles through partnerships with global funding, acceleration, and advisory institutions. Startups working in green tech, climate tech, energy efficiency, or the circular economy are highly encouraged to participate.
The programme has been supported through the Private Sector Development and Technical Vocational Education and Training in Armenia project, which is commissioned by the German Government and implemented by GIZ.
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 POSSIBLE GRANT
Up to 10K EUR
Selection to be made on Week 8 - 10
Grant is discretionary and non guaranteed
