{"id":6740,"date":"2024-01-09T13:05:05","date_gmt":"2024-01-09T13:05:05","guid":{"rendered":"https:\/\/bsc.am\/?p=6740"},"modified":"2024-01-09T13:34:08","modified_gmt":"2024-01-09T13:34:08","slug":"from-idea-to-business-grant-program","status":"publish","type":"post","link":"https:\/\/bsc.am\/en\/from-idea-to-business-grant-program\/","title":{"rendered":"\u201cFrom Idea to Business\u201d Grant Program"},"content":{"rendered":"<p><section class=\"kc-elm kc-css-820127 kc_row\"><div class=\"kc-row-container  kc-container\"><div class=\"kc-wrap-columns\"><div class=\"kc-elm kc-css-908740 kc_col-sm-12 kc_column kc_col-sm-12\"><div class=\"kc-col-container\"><div class=\"kc-elm kc-css-817115\" style=\"height: 20px; clear: both; width:100%;\"><\/div><div class=\"kc-elm kc-css-348037 kc_text_block\"><\/p>\n<p><span style=\"color: #045dad;\"><strong>Goal<br \/>\n<\/strong><\/span>&#8211; The goal of the program is to create an entrepreneurial ecosystem in Armenia that plays a key and significant role in the development of the innovation system.<\/p>\n<p><span style=\"color: #045dad;\"><strong>Description<\/strong><\/span><br \/>\n&#8211; The program provides funding and other resources to start-up technology companies and research groups to commercialize their ideas and create new value in the economy. In particular, grant competitions will provide start-up companies with funding at the idea and growth stages to ensure product development and market access.<\/p>\n<p><span style=\"color: #045dad;\"><strong>Target group<\/strong><\/span><br \/>\n&#8211; Tech startups in the idea and growth stages.<\/p>\n<p><span style=\"color: #045dad;\"><strong>Additional information<\/strong><\/span><br \/>\n&#8211; Companies-winners of the competition will have the opportunity to participate in an incubation program that will help them work on their idea, develop a minimum viable product and move on to the next stage of development.<br \/>\n&#8211; After the successful completion of the incubation phase, these companies will be ready to receive funding in the form of a grant to enter target markets and build a client base.<br \/>\n&#8211; It is planned to allocate a maximum of 5 million drams at the idea stage grant competition.<br \/>\n&#8211; As part of the grant competition, at the stage of entering the market, companies will be provided with no more than AMD 10 million.<br \/>\n&#8211; Companies-winners of the competition will have the opportunity to participate in the acceleration program. As a result of providing funding and ensuring acceleration, new start-up technology companies will develop, the best of which will be able to attract investments.<\/p>\n<p>Detailed information on grant competitions, including the conditions for participation, the procedure for submitting and deadlines for submitting applications, is presented in the <a href=\"https:\/\/hightech.gov.am\/hy\/cragrer\/dramasnorhner\/haytararutyunner\" target=\"_blank\" rel=\"noopener\"><strong><u>\u201cGrants\u201d section<\/u><\/strong><\/a>.<\/p>\n<p><span style=\"color: #045dad;\"><strong>Contacts<br \/>\n<\/strong><\/span>E-mail: <strong><a href=\"mailto:startupgrants@hti.am\" target=\"_blank\" rel=\"noopener\"><u>startupgrants@hti.am<\/u><\/a><\/strong><br \/>\nTel.: +374 10 59 01 74<\/p>\n<p>\n<\/div><\/div><\/div><\/div><\/div><\/section><section class=\"kc-elm kc-css-570617 kc_row\"><div class=\"kc-row-container  kc-container\"><div class=\"kc-wrap-columns\"><div class=\"kc-elm kc-css-29502 kc_col-sm-12 kc_column kc_col-sm-12\"><div class=\"kc-col-container\"><div class=\"kc-elm kc-css-964857\" style=\"height: 44px; clear: both; width:100%;\"><\/div><\/div><\/div><\/div><\/div><\/section><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":3,"featured_media":6741,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cybocfi_hide_featured_image":"yes","footnotes":""},"categories":[35],"tags":[],"class_list":["post-6740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-grants"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u201cFrom Idea to Business\u201d grant program<\/title>\n<meta name=\"description\" content=\"\u201cFrom Idea to Business\u201d grant program. 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