Empowering Diaspora Tech Startups: Applications Open for Neruzh 6.0!
The Ministry of High-Tech Industry of Armenia has launched Neruzh 6.0, a program designed to support diaspora-led technology startups.
Eligibility:
- Diaspora Armenians who have lived abroad for at least 5 years.
- Teams with at least 50% diaspora founders.
- Repatriates who returned to Armenia within the last 6 months.
What's in it for you?
- A 6-day intensive program in Armenia with mentorship, networking, and startup development.
- Grants of up to $75K (30M AMD) for winning teams!
- Long-term support from an international accelerator to scale your startup.
📌 Apply by May 30, 2025, 6:00 PM!
Application Link: https://gust.com/programs/neruzh-6-0-diaspora-tech-startup-program
For more details: https://hightech.gov.am/en/tegekatvakan-kentron/ayl/norutyunner/neruzh6
#Neruzh #DiasporaStartups #ArmeniaTech #Innovation #Entrepreneurship
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The Ministry of High-Tech Industry of Armenia has launched Neruzh 6.0, a program designed to support diaspora-led technology startups.
Eligibility:
- Diaspora Armenians who have lived abroad for at least 5 years.
- Teams with at least 50% diaspora founders.
- Repatriates who returned to Armenia within the last 6 months.
What's in it for you?
- A 6-day intensive program in Armenia with mentorship, networking, and startup development.
- Grants of up to $75K (30M AMD) for winning teams!
- Long-term support from an international accelerator to scale your startup.
📌 Apply by May 30, 2025, 6:00 PM!
Application Link: https://gust.com/programs/neruzh-6-0-diaspora-tech-startup-program
For more details: https://hightech.gov.am/en/tegekatvakan-kentron/ayl/norutyunner/neruzh6
#Neruzh #DiasporaStartups #ArmeniaTech #Innovation #Entrepreneurship
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🚀 Microchip Expands in Armenia with a New Office in Yerevan!
Microchip Technology partners with Armenian Venture Studio Instigate for several years. In 2023 Microchip acquired Instigate Semiconductor.
The collaboration between Instigate and Microchip continues as Instigate continues advising Microchip on Armenian operations. Worth noting, that the company supports the next-generation talent nurturing for Mirochip facilitating internship opportunities for the students of Real School in Microchip.
Microchip has centers 4 Armenian cities - Yerevan, Gyumri, Vanadzor and Ijevan.
Notable Quote from Microchip Executive: “If you’re looking for top talent in Europe, there’s no better place than Armenia.” – Rajeev Jayaraman, Sr. Director, Microchip.
Read full article by
👏 Congrats to Instigate team on this success!
(c) Sources: Economy of Armenia, Armenpress
#ArmeniaTech #Instigate #Microchip
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Microchip Technology partners with Armenian Venture Studio Instigate for several years. In 2023 Microchip acquired Instigate Semiconductor.
The collaboration between Instigate and Microchip continues as Instigate continues advising Microchip on Armenian operations. Worth noting, that the company supports the next-generation talent nurturing for Mirochip facilitating internship opportunities for the students of Real School in Microchip.
Microchip has centers 4 Armenian cities - Yerevan, Gyumri, Vanadzor and Ijevan.
Notable Quote from Microchip Executive: “If you’re looking for top talent in Europe, there’s no better place than Armenia.” – Rajeev Jayaraman, Sr. Director, Microchip.
Read full article by
👏 Congrats to Instigate team on this success!
(c) Sources: Economy of Armenia, Armenpress
#ArmeniaTech #Instigate #Microchip
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Armenian Code Academy, STEP Consulting LLC, and Technological Education Foundation published their Armenia’s Tech & Startup Ecosystem Overvew for 2025🚀📊
Key Highlights:
• 1,253 active tech companies in Armenia
• 58,700 professionals are employed in tech sector
• $2.3B industry turnover in 2024
• 7% of GDP from ICT – a significant contributor to the GDP
• $120M+ in startup funding in 2024 – Great year with multiple Series A & B rounds.
• 🦄 ServiceTitan IPO on NASDAQ – The first Armenian-founded startup to go public, valuing at nearly $10B.
• Plug & Play’s entry into Armenia – A huge milestone for the country!
🔗 Donwloand the full report here: https://bootcamps.aca.am/insights
#ArmeniaTech #StartupEcosystem #Investment #TechGrowth #Innovation
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Key Highlights:
• 1,253 active tech companies in Armenia
• 58,700 professionals are employed in tech sector
• $2.3B industry turnover in 2024
• 7% of GDP from ICT – a significant contributor to the GDP
• $120M+ in startup funding in 2024 – Great year with multiple Series A & B rounds.
• 🦄 ServiceTitan IPO on NASDAQ – The first Armenian-founded startup to go public, valuing at nearly $10B.
• Plug & Play’s entry into Armenia – A huge milestone for the country!
🔗 Donwloand the full report here: https://bootcamps.aca.am/insights
#ArmeniaTech #StartupEcosystem #Investment #TechGrowth #Innovation
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📢 Armenia’s AI leap: how open access and strategic alliances could supercharge a small country’s high-tech future
Armenia is prioritizing AI and deep tech, having in mind there is no barrier to innovation. Here are the key takeaways from the article by Suzanna Shamakhyan, executive director of FAST:
Notable Developments:
• Armenia initiated a partnership with Mistral AI, aligning with Europe’s AI ecosystem.
• ServiceTitan, a unicorn co-founded by Armenian-Americans, IPO-ed in Dec 2024.
• NVIDIA operates in Armenia, while SpaceX’s Starlink is set for nationwide deployment.
Education:
• FAST’s Generation AI program aims to reach 85% of high school students by 2026.
• TUMO’s success model has expanded globally to Paris, Berlin, and beyond.
The Global Context:
• Armenia ranks 63rd in the Global Innovation Index.
• The country attracts tech talent from Russia, much like Israel did in the ‘90s.
• AI-driven education and diaspora-led funding are fueling the rise of new startups.
Read the full article here: https://neweasterneurope.eu/2025/03/25/armenias-ai-leap-how-open-access-and-strategic-alliances-could-supercharge-a-small-countrys-high-tech-future/
#AI #TechEcosystem #ArmeniaTech #DeepTech #Innovation
Armenia is prioritizing AI and deep tech, having in mind there is no barrier to innovation. Here are the key takeaways from the article by Suzanna Shamakhyan, executive director of FAST:
Notable Developments:
• Armenia initiated a partnership with Mistral AI, aligning with Europe’s AI ecosystem.
• ServiceTitan, a unicorn co-founded by Armenian-Americans, IPO-ed in Dec 2024.
• NVIDIA operates in Armenia, while SpaceX’s Starlink is set for nationwide deployment.
Education:
• FAST’s Generation AI program aims to reach 85% of high school students by 2026.
• TUMO’s success model has expanded globally to Paris, Berlin, and beyond.
The Global Context:
• Armenia ranks 63rd in the Global Innovation Index.
• The country attracts tech talent from Russia, much like Israel did in the ‘90s.
• AI-driven education and diaspora-led funding are fueling the rise of new startups.
Read the full article here: https://neweasterneurope.eu/2025/03/25/armenias-ai-leap-how-open-access-and-strategic-alliances-could-supercharge-a-small-countrys-high-tech-future/
#AI #TechEcosystem #ArmeniaTech #DeepTech #Innovation
LinkedIn
⚡️The Ministry of High-Tech Industry of the Republic of Armenia and French Mistral AI have partnered to foster collaboration in…
⚡️The Ministry of High-Tech Industry of the Republic of Armenia and French Mistral AI have partnered to foster collaboration in the field of artificial intelligence
This collaboration will:
✅ Strengthen Armenia’s AI ecosystem through knowledge sharing &…
This collaboration will:
✅ Strengthen Armenia’s AI ecosystem through knowledge sharing &…
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Armenia: Silicon Valley of the Caucasus?
BBC World Service
🎧 Armenia: Silicon Valley of the Caucasus?
Rayhan Demytrie of BBC Business Daily explores Armenia's efforts is turning into a tech hub with global ambitions.
🎓 From Armath labs - where 11-year-olds build smart homes - to Doctor Yan, Armenia’s first doctor-patient matchmaking platform, the episode highlights how tech education and founders are shaping the future.
With 600+ Armath labs having 17K students and 9K alumni, and a growing startup scene fueled by diaspora ties, Armenia is creating talent to build globally competitive innovation.
🇦🇲 “We want Armenia to become a tech powerhouse,” says Sargis Karapetyan, CEO of UATE.
📈 Doctor Yan is growing 25% monthly and is eyeing expansion into Central Asia.
🤝 SmartGate VC and Armenia Startup Academy are enabling global scale from Day 1.
🎙️ Catch the full episode on BBC Business Daily (attached).
#ArmeniaTech #BBCBusinessDaily
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Rayhan Demytrie of BBC Business Daily explores Armenia's efforts is turning into a tech hub with global ambitions.
🎓 From Armath labs - where 11-year-olds build smart homes - to Doctor Yan, Armenia’s first doctor-patient matchmaking platform, the episode highlights how tech education and founders are shaping the future.
With 600+ Armath labs having 17K students and 9K alumni, and a growing startup scene fueled by diaspora ties, Armenia is creating talent to build globally competitive innovation.
🇦🇲 “We want Armenia to become a tech powerhouse,” says Sargis Karapetyan, CEO of UATE.
📈 Doctor Yan is growing 25% monthly and is eyeing expansion into Central Asia.
🤝 SmartGate VC and Armenia Startup Academy are enabling global scale from Day 1.
🎙️ Catch the full episode on BBC Business Daily (attached).
#ArmeniaTech #BBCBusinessDaily
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