Ministry of High-Tech Industry announces a grant competition for the “Idea stage” component

Ministry of High-Tech Industry of the RA announces a grant competition for the “Idea Stage” component within the framework of the “From Idea to Business” 2024 grant program.

As part of the “Idea Stage” component, it is planned to provide funding in the form of grants to start-up companies at the idea stage, whose ideas for products and/or services are aimed at creating new values in the field of high technologies and/or solving current problems and challenges using technology.

The total budget of the grant program is AMD 250,000,000 (two hundred fifty million).

The budget of the grant is planned to be distributed among the winning companies, up to 5,000,000 (five million) AMD to each of them.

Applications for participation in the competition must be submitted through www.armeps.am website by May 13, 2024, at 16:00 at the following link.

All details about the competition, the procedure for its holding, the conditions for processing and submitting an application are presented on the official website of the Ministry at the following link.

The competition number is: ԲՏԱՆ-ԴՄ-2024/01

For more information, please contact 010 590075, 010 590174 or send an email to grants2023@hti.am .