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Ecotechnology Company wins Armenia's National Cleanses Business Ideas
Competition
YEREVAN, October 24./ARKA/. Ecotechnology Company has won Armenia's
National Cleantech Business Ideas Competition, Anahit Simonyan, head
of UNIDO programs in Armenia, said on Friday.
"Three other prize winners are Solvar Sysytem, MSK and NanoHi
companies," she said.
She said that the aim of the contest is to put new ideas into practice
and to support their authors.
The contest is being held as part of the Global Cleantech Innovation
Program for SME in Armenia and is aimed at finding and encouraging
Cleantech startup companies and SMEs.
Armenia is the first country in the Eastern Europe to join this UNIDO
program that is financed by the Global Environment Fund.
At the final round of the competition on October 23 and 24, four of 22
projects were singled out by the jury as best. The four mentioned
companies will receive $10,000 each for developing their technologies,
and the national winner, Ecotechnology, received a chance to present
its business model to venture funds, investors and experts at the
Global Forum Silicon Valley on November 12 and 13.
Mark Drayek, head of the UNIDO energy and climate changes management
programs, said if jurors could they would award prizes for a larger
number of contenders. They also awarded $5,000 to two other companies
- the Renewable Energy Research Team and Bitlis-Men.
Armenian Deputy Economy Minister Emil Tarasyan, on his side, said that
the ministry will work with all the participants of the contest on
their projects.
The program's duration is three years. Its national partners are the
Armenian nature protection and economy ministries as well as energy
and natural resources ministry and the agriculture ministry. --0----
http://arka.am/en/news/economy/ecotechnology_company_wins_armenia_s_national_clea nses_business_ideas_competition/#sthash.Vhk8prZr.dpuf
Competition
YEREVAN, October 24./ARKA/. Ecotechnology Company has won Armenia's
National Cleantech Business Ideas Competition, Anahit Simonyan, head
of UNIDO programs in Armenia, said on Friday.
"Three other prize winners are Solvar Sysytem, MSK and NanoHi
companies," she said.
She said that the aim of the contest is to put new ideas into practice
and to support their authors.
The contest is being held as part of the Global Cleantech Innovation
Program for SME in Armenia and is aimed at finding and encouraging
Cleantech startup companies and SMEs.
Armenia is the first country in the Eastern Europe to join this UNIDO
program that is financed by the Global Environment Fund.
At the final round of the competition on October 23 and 24, four of 22
projects were singled out by the jury as best. The four mentioned
companies will receive $10,000 each for developing their technologies,
and the national winner, Ecotechnology, received a chance to present
its business model to venture funds, investors and experts at the
Global Forum Silicon Valley on November 12 and 13.
Mark Drayek, head of the UNIDO energy and climate changes management
programs, said if jurors could they would award prizes for a larger
number of contenders. They also awarded $5,000 to two other companies
- the Renewable Energy Research Team and Bitlis-Men.
Armenian Deputy Economy Minister Emil Tarasyan, on his side, said that
the ministry will work with all the participants of the contest on
their projects.
The program's duration is three years. Its national partners are the
Armenian nature protection and economy ministries as well as energy
and natural resources ministry and the agriculture ministry. --0----
http://arka.am/en/news/economy/ecotechnology_company_wins_armenia_s_national_clea nses_business_ideas_competition/#sthash.Vhk8prZr.dpuf