Beeline Startup Incubator concludes the first cycle

Beeline Startup Incubator has concluded the interim results of the first cycle in Aghveran, Armenia: eight out of ten teams have passed two out of four stages.

The incubator announced the assessments for the second stage at an informal meeting on Sunday. The 8 startups with good results reached the third stage.

“Our incubator organizes educational courses for participating startups for the first time and it is important for us to do everything properly. Informal, relaxed communication allows us to get to know our residents better and understand their needs and challenges in order to provide them with the knowledge they need,” said Beeline Armenia CEO Andrey Pyatakhin.

The resident startups took training in marketing, PR, market and goal assessment, team building and development during the first two stages of the incubator. Next, they will study the legal framework, finance planning and fundraising.