Microsoft’s Acceleration Program to Assist Startups in Armenia

YEREVAN — Microsoft Innovation Center Armenia has launched the new round of Acceleration Program, targeting startups with innovative solutions. 14 teams out of more than 50 applicants have been selected, presenting various solutions in e-commerce, B2B transactions, video editing, social solutions etc.

Artashes Vardanian, the head of Acceleration Program of Microsoft innovation center said the startups, involved in the program are at different stages of development. Startups will work to develop their products, powered by mentorship from experienced specialists throughout the 12-week acceleration program, involving experts from the Silicon Valley, Israel, Australia, Russia, who have huge experience in turning ideas into products.

Armenian specialists will work with the teams and provide professional and business consultancy. Besides, the participating teams will receive working space and other facilities in the center, will participate in all events, training courses and seminars, organized by MIC Armenia. The program will culminate in the MIC Demo Day, with a global audience witnessing the product demonstrations and startups receiving feedback from experts. 4 startups – Solo Learn, Forkize, Flaxton and Penny – involved in the previous rounds of the Acceleration program raised more than $350,000 for the further development and marketing of their products.

The teams, participating in this round of the Acceleration program are the following:
BeeCart – an online system of on-demand grocery delivery,
Archimedes – a solution, intended to automate lessons scheduling process at higher educational institutions,
Challenger – an app, intended to help people achieve their postponed goals, by creating challenges and competing with each other,
CPU panda – an online CPU retailer with worldwide shipping,
Follow My YouTube – a web solution, allowing friends to simultaneously watch YouTube videos from different places,
Friendhub – a mobile application, intended to help people socialize in real life,
Homesweet – an on-demand cooking order of food,
Helpie – a solution to make better UX and to help and support communications,
gShop – an automated delivery of household goods, based on consumption behavior,
Masoor solutions – a smart medical scheduler to help patients take medicine and treatment in time,
NeedChange – an app, that will help avoid inconvenience while visiting places of entertainment and make reservations,
Renderforest – a free online video making tool,
New life – an e-commerce platform/aggregator of clothes stores,
Filmer – a mobile app intended to help you find your next favorite movie.