16^th July, 2019, Yerevan: The next “Sevan Startup Summit 2019” will be held from July 28 till August 3 on Lake Sevan shore with support of Beeline.

Startups, participating in the tent camp summit will compete for USD 100,000 prize fund. There is USD 100,000 guaranteed investment fund that will finance 2 or 3 startups. The summit will be attended by independent investors, and representatives of venture funds from around the world. This year's summit will bring together over a thousand entrepreneurs.

It is planned to reach investment agreements in the amount of over $1 million. Various educational events and competitions are planned for the startups.

"Sevan Startup Summit” has already become a tradition and an anticipated event for all startups, which is great. The excitement around the event and the obvious positive results encourage us to join the organizers again and again, and this year we act as a strategic partner, giving Armenian startups the opportunity to meet other startups, investors and entrepreneurs, helping them obtain investment and new knowledge," said Beeline Armenia CEO Andrey Pyatakhin.

“To participate in “Sevan Startup Summit 2019” about 1,000 startup applications were received this year, applications from over 200 programmers and about 1,200 volunteers. About 100 startups from all over the world received invitations to the summit. Mentors and business experts from around the world were invited to Armenia to develop startups and conquer international markets. Over 100 successful entrepreneurs and industry leaders will share their experiences with participants during the 7 days of the Summit,” said Director of Sevan Startup Summit 2019 Vahagn Rapyan.

Recap: Beeline is the main supporter of the summit for the third year. The company supports the event in cooperation with Startup Armenia Foundation, including providing the participants with Internet connection.