ArmInfo. Beeline Startup Incubator has hosted a discussion on business angel network in Armenia.
As the press service of the company informs 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.
According to the source, founder of Business Angel Network of Armenia (BANA) Grigor Hovhannisyan, Armenia Startup Academy cofounder Hambardzum Kaghketsyan and head of Sprint Crowdfunders' Fund Karen Vardanyan to part at the meeting. 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.
'' Beeline Startup Incubator has organized this meeting for raising awareness of its residents-startups, potential residents and all the stakeholders'', the statement reads. To recall, "VEON Armenia" CJSC (Beeline trademark) is a member of the Veon Group of companies, which is one of the world's largest integrated telecom operators. The group includes communications companies providing voice and data services based on a wide range of wireless and fixed-line technologies, as well as broadband Internet access to more than 200 million subscribers in Russia, Italy, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia , Kyrgyzstan, Laos, Algeria, Bangladesh and Pakistan. The companies of the group provide services under the brands Beeline, Kyivstar, Wind, Mobilink, Banglalink and Djezzy.