Seaside Startup Summit is the right place for companies and individuals that have the means and the willingness to invest in potentially successful startups. Networking will give the investors a chance to get acquainted with the members of the startups and get an insight which will help them evaluate the risks.
What are the events?
⇒ Campfire Pitch: established startups will present their pitches to the investors for raising expansion capital around a campfire.
⇒ Big Battle: Early stage startups will compete for the grand prize. The investors will decide whether to invest or not.
⇒ Seed Battle: Seed stage startups will present their products and companies and compete for multiple prizes. Investors are welcome to join and invest.
Why invest in Armenia?
⇒ Armenians have skills related to many fields. In addition to that, they can speak 2-3 languages and sometimes more.
⇒ The government is supporting the IT and the R&D sectors. It is working on making Armenia one of the top 20 Global economies for technical innovations in 2018.
⇒ The cost of living is cheap which makes the labor less expensive compared to countries in Northern Europe, North America and the Middle East.
⇒ Tax rates are low.
⇒ The market is untapped.