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Favorable conditions must be created for startup companies - US Amba

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  • Favorable conditions must be created for startup companies - US Amba

    FAVORABLE CONDITIONS MUST BE CREATED FOR STARTUP COMPANIES - US AMBASSADOR

    June 21, 2013 | 12:15

    YEREVAN. - DigiTec Business Forum shows Armenia's strength, success
    and capabilities in the field of communication technologies, U.S.

    Ambassador John Heffern said.

    Delivering speech during the opening of the sixth annual DigiTec
    Business Forum, Heffern said he participates in the forum for the
    second time.

    Ambassador noted U.S. role in the development of Armenia's IT sector,
    since the American organizations are closely cooperating with the
    Armenian businessmen, including contacts with Silicon Valley.

    The diplomat stressed government's significant role in training
    experts. However, he said favorable conditions must be created for
    startup companies, small and medium-sized business entities. In order
    to develop venture capital and startup companies, he advised to study
    the experience of Singapore.

    Ambassador Heffern underscored importance of intellectual property
    right, since IT sector is the most creative field.

    News from Armenia - NEWS.am




    From: A. Papazian
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