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The Entrepreneurship and Product Innovation Middle (EPIC) on the American College of Armenia (AUA) along with the Entrepreneurship World Cup (EWC) Nationwide Management Committee congratulates the startups that gained the highest prizes on the EWC Armenia 2022 Nationwide Finals.
Based mostly on the choice of an unbiased jury of the EWC Armenia 2022 Nationwide Finals, two Armenian startups, Textual content’nPayMe and Hopshop, took first place and can symbolize Armenia within the EWC International Finals. They’ll compete for an opportunity to win $1 million in prizes.
In accordance with Nationwide Organizer of EWC Armenia Nejdeh Hovanessian, “Compared to final yr, the startups taking part within the competitors have been higher developed and their pitches extra refined. Competitors for the highest prizes was intense, and the Nationwide Finals jury needed to make robust selections. I’m glad that on account of the Nationwide Finals, we have now two groups that can be aggressive with startup groups from the remainder of the world.”
The Nationwide Finals occurred at AUA on August 13. The occasion opened with an inspirational keynote handle by Hayk Chabanyan, CEO of the Union of Superior Know-how Entreprises. The opening ceremony featured speeches by President of the International Entrepreneurship Community Jonathan Ortmans, AUA Provost Dr. Brian A. Ellison, and AUA Professor and Director of EPIC Dr. Michael Kouchakdjian. A panel consisting of representatives from the native startup ecosystem then debated tips on how to speed up the maturity of Armenia’s startup ecosystem.
The esteemed Nationwide Finals jury consisted of Deputy Minister of Excessive-Tech Trade of the Republic of Armenia Dr. Davit Sahakyan, Founding Accomplice at Strategic Worth Ventures Karen Gyulbudaghyan, Managing Director at ServiceTitan Armenia Ashot Tonoyan, Worldwide Knowledgeable on the European Union Progressive Tourism and Know-how Improvement for Armenia (ITTD) Venture Christian Schellenberger, and CEO of the Nationwide Middle for Innovation and Entrepreneurship Dr. Hayk Margarian.
Along with the EWC trophy, every profitable staff acquired a prize of $10,000 from the sponsors of the occasion.
Textual content’nPayMe is a banking keyboard that allows financial institution shoppers to ship cash in any messaging software and in some other software the place they will discover an enter area.
Hopshop is Shazam for trend. It helps prospects discover and buy any garments or equipment which can be found on the Web, social media, and even in actual life.
One other staff, Biocentric, acquired a particular prize from Crew Telecom Armenia: a one-year subscription to an web reference to velocity as much as 1,000 Mbps.
“Organizations with scientific orientation are all the time on the middle of our firm’s consideration,” mentioned Basic Director’s Advisor on Knowledge Analytics at Crew Telecom Armenia Zaven Navoyan. “I’m glad that there have been such startups within the Nationwide Finals of the competitors, one among which acquired a prize from Crew Telecom Armenia. I hope that we are going to have a small funding in serving to this startup advance from Concept stage to progress stage.”
From over 110 submitted purposes, 99 startup groups handed the preliminary screening stage, and 34 have been later chosen as semifinalists. Based mostly on the analysis of the jury, 12 startups superior to the Nationwide Finals. Over 60 judges from Armenia and overseas performed a central function within the analysis levels of the competitors.
EWC is being organized in Armenia for the second time. Due to the energetic ecosystem and high-level group of the competitors in Armenia, the nation can have 2 startups representing Armenia within the International Stage of the competitors. EWC International 2022 will happen in Riyadh, Saudi Arabia in November 2022.
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