15:28 | 03.07.17 | News | 17876

Main events of Sevan Startup Summit 2017 revealed

Sevan Startup Summit 2017 revealed main events of upcoming camping business forum on July 24-31.

The prize fund of Sevan Startup Summit 2017 comprises USD 40,000, which will be distributed among 15 teams during different competitions. More than USD 200,000 of investment is expected to be done during the Summit. Top 70 startups and 30 software developer teams will be selected from 309 applicants after the interviews.

Summit participants will have the opportunity to attend lectures lead by business trainers invited from all over the world (July 24-28). The participants will receive knowledge on “How to create a business plan?”, “How to exit the business?” etc.

Business stage startup teams will have a chance to pitch angel investors and venture companies during Campfire Pitch, organized for the first time in Armenia (July 25-26).

Developer teams will have a chance to present prototype versions of different software solutions during 24-hour Campathon (July 27-28). During the Campathon, the organizers will hold 2 training sessions. The best two will be granted USD 1000 and USD 500 respectively. They will also have the opportunity to get involved in the Startup Acceleration Program.

Brand Battles will be organized for startups in different fields. The best startups in the field of tourism (Yell Extreme Battle), food and healthy lifestyle (Art Lunch Battle), agriculture (Janfida Battle) and science (Science Battle) will win USD 2500 in each category.

Seed stage startups will compete with each other in the Seed Battle (July 29). The participants will fight for the following prizes: USD 2500 special prize, USD 2000 for the 1st place, USD 1000 for the 2nd place.

Early stage startups will compete with each other in the Big Battle (July 30). The participants can be rewarded with the following prizes: USD 8000 grand prix, USD 5000 for the 1st place, USD 2500 for the 2nd place and USD 1000 for the 3rd place.

In addition to monetary prizes, there are different rewards to encourage the startups. Digital Factory company will design logo and corporate identity for 3 startup teams, AYYO company will provide UI/UX design for 1 startup team and Smart Production LLC will create a website for 1 startup team.

Moreover, Coworking Armenia will reward 1 early stage startup with a free working space for 3 months.

Sevan Startup Summit 2017 will be concluded by an unprecedented beach party on the night of July 30. All expenses of the participants during the Summit are covered by the organizers.