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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

PROGRAM TIMELINE

APPLICATIONS

Mar 2 - Apr 23, 2022

INFO SESSION

Mar 21,

2022

INTERVIEWS AND FINAL SELECTION

May 2 - 5,

2022

PROGRAMme

May 9 - Aug 12,

2022

DEMO DAY

Aug 19,

2022

Up to 10K EUR

For up to 8 top-performing startups

Selection to be made on Week 10-11

ABOUT THE GRANTS

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.