15:28 | 12.07.18 | News | 18861

Beeline Startup Incubation introduces business angel network

Beeline Startup Incubator has hosted a discussion on business angel network in Armenia.

The network is an association of investors and enterprises that provide funding, other necessary resources and example of work to startups and newcomers in business.

The speakers at the meeting were founder of Business Angel Network of Armenia (BANA) Grigor Hovhannisyan, Armenia Startup Academy cofounder Hambardzum Kaghketsyan and head of Sprint Crowdfunders’ Fund Karen Vardanyan. They introduced the advantages and potential of this type of investment and explained to the attendees how they could apply for assistance of business angels.

“Cooperation with business angels is a popular and successful method worldwide and we want to make the best of international experience as available as possible for Armenian startups. I hope that participants of today’s discussion will use the information they learned to advance their startups in the future,” said Beeline Armenia CEO Andrey Pyatakhin.