Grant for Establishing a Pre-seed Support Platform for MVP Development and Validation in Armenia

About

A grant program aimed at establishing a pre-seed support platform for startups in Armenia, providing financial assistance, mentorship, and networking opportunities to help early-stage companies develop and validate their minimum viable products (MVPs).

Benefits

• 💰Financial Support
  Up to €7,500 per startup for MVP development and validation
• 🎓Mentorship Program
  Access to mentoring and business support
• 🌐Network Access
  Networking opportunities with industry stakeholders
• 📈Investment Readiness Support
  Support for preparing startups for investment
• 🎯Milestone-Based Grants
  Total programme budget of €330,000 available for distribution

Eligibility Criteria

• Legally registered organisations in Armenia
• Experience in startup incubation or acceleration
• Experience in grant management
• Experience in innovation ecosystem support
• Capability for transparent selection processes
• Strong financial management
• Monitoring and evaluation systems

Participation Commitments

• Project duration of up to 24 months
• Minimum 15% co-financing required
• Must design and manage the startup support platform
• Conduct merit-based selection of startups
• Provide mentoring and business support

Target Sector

All sectors

Target Location

Armenia