10:57 | 28.02.20 | News | 6165

Application open to the program taking Armenian startups to Silicon Valley

Several Armenian startups will take part in HyeTech Entrepreneur Immersion Program 2020 (HyeTech EIP) in Los Angeles and Silicon Valley on May 1-10.

This 10-day intensive program aims at helping the founders get acquainted with the most useful innovations, as well as tech culture and tendencies in Silicon Valley.

The main requirement to the startups is that the amount of funds they have raised so far should not exceed USD 500,000. Startups can apply here until March 15.

HyeTech EIP was designed to help entrepreneurs get involved in Silicon Valley and use resources more efficiently, discover influential specialists and leading entrepreneurs in IT sector, as well as competitors, partners and potential customers.

This is the third edition of the program. The first one was held in April 2016 and the second – on February 15-24, 2019.

According to the organizers, the unprecedented rise of startup ecosystem in Armenia in recent years has prompted HyeTech, SmartGateVC and Globally to hold the program again.

The program agenda includes meetings with successful entrepreneurs and investors in Los Angeles and Silicon Valley, as well as consultations with them and discussions on business topics.

The founders of selected startups are going to visit accelerators and investment companies, learn about their investment expectations and upcoming changes in the market.