11:16 | 30.04.20 | News | 6901

ImpactAIM ANAU AgriTechAccelerator accepts application

ImpactAIM ANAU AgriTechAccelerator accepts applications for its new program, aimed to support science and technology-backed startups and budding entrepreneurs offering innovative solutions to tackle challenges in the agricultural sector of Armenia and worldwide.

The solutions that target responding urgent challenges caused by COVID-19 in the short and long terms, will be considered as high priority.

AgriTech Acceleration program aims to provide the necessary knowledge, expertise, network, and funding for setting up, and/or scaling up existing ventures. Gap assessment is conducted to offer a tailored program best fitted to the participants’ individual needs. The full program will last 3 months and be followed by further prototyping sessions and scale-up schemes. The program will be conducted online and in three stages:

Onboarding sessions
Core startup development sessions
Follow up and prototyping sessions

After the successful completion of each stage, the most promising graduates will receive monetary awards/grants of up to 10,000 USD.

Access to funding is an integral part of the program. To fuel the further growth of successful ventures, the program is partnering also with ADB Ventures. Promising startups will also receive an opportunity to pitch in front of the investors from the Science & Technology Angels Network (STAN). The global scale-up perspective envisions that the most promising startups will benefit from UNDP in Armenia - Cultiv@te: Innovation for Sustainable Agriculture initiative partnership.

Applications are accepted until May 24. All the details of the program and the application procedure is available here.

The program is launched by UNDP ImpactAIM Accelerator and implemented jointly with Armenia National Agrarian University (ANAU), Foundation, Foundation for Armenian Science and Technology (FAST), International Center for Agribusiness Research and Education (ICARE), Nation in Action initiative, is supported by Armenian National Innovation SDG Lab and ADB Ventures Facility.