StartUp Cup is an international business model competition, which provides local entrepreneurs with community-based long-term support during their early growth phase. The competition is open to any type of business idea and is a proven model to build businesses and create jobs.
"As one of the first StartUp Cups held outside the United States in 2012 it is inspiring to see the growing impact that Armenia StartUp Cup is having on Armenia's entrepreneurial ecosystem. The increased number of submissions received and community partners engaged this year is a testament to Armenia's growing commitment to entrepreneurship as a powerful path to economic growth and improving lives," said Sean Griffin, CEO and Founder of StartUp Cup.
From July to November 2013, participating entrepreneurs will receive coaching and mentoring from 20 local seasoned entrepreneurs and business leaders. The participants will design a viable business model, build teams, and enhance investor outreach efforts, as well as a number of other business skills from sales to finance. An award celebration will be held in November to announce the winners during Global Entrepreneurship Week.
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