Armenia: EU4Business unites technology, science and business

12-06-2017
Armenia: EU4Business unites technology, science and business
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Over 200 representatives of the Armenian technology and science community gathered for the “Unleash the Future” forum in Yerevan on 30 May. The event was organised with the support of EU4Business and EU4Innovation. The forum brought together different generations of Armenian entrepreneurs and scientists to discuss global technological trends and Armenia’s status in today’s tech world.

Participants discussed artificial intelligence, cyber-security, research funding for cutting-edge, long-term and open-source projects and Armenia’s potential to become a global technology education hub. The speakers highlighted that Armenian hardware is already targeting 5G mobile communications and working with oil/gas and car manufacturers in Russian and Eurasian markets.

“There is an awesome community of tech entrepreneurs, scientists and education professionals in Armenia - with different generations involved. All this is solid ground to get Armenia to the next level,” commented Ashot Arzumanyan, co-founder of SmartGateVC.

SmartGateVC is a seed fund for Armenian start-ups. It specialises in Artificial Intelligence, cybersecurity and Internet of Things (IoT), as well as emerging quantum computing, biotech and fintech.

EU4Business helps to integrate small- and medium-sized enterprises (SMEs) from Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine into domestic and global value chains, facilitating their access to new markets and boosting economic development.