In ArmeniaBusiness

Grant Opportunity: 'Market Entry' Component Now Open

The Ministry of High-Tech Industry of the Republic of Armenia is launching the “From Idea to Business” grant competition, offering 29 tech projects the opportunity to win up to 10 million AMD each, with a total budget of 290 million AMD. The initiative aims to foster innovation in high-tech and address modern challenges. Additionally, the Bahamut Foundation is providing an FTN…
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In ArmeniaBusiness

Fastex supports WCIT 2024

A memorandum was signed between Fastex and the NGO “Union of Leading Technologies Enterprises” during the WCIT World Congress of Innovation and Technologies, scheduled to take place in Armenia from October 4-7. As part of this collaboration, the Union will…
In ArmeniaBusiness

FemInno and UATE partner to enhance female representation at WCIT2024/DigiTec 2024

The Union of Advanced Technology Enterprises of Armenia (UATE) has entered into a Memorandum of Understanding (MoU) with the FemInno Cultural-Innovative platform to collaborate on the 2024 World Congress on Innovation Technology (WCIT2024/DigiTec). This agreement marks the beginning of a partnership aimed at boosting female representation and participation in Congress, both locally and…
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BusinessIn World

NVIDIA becomes the most valuable company for the first time

Nvidia has surpassed both Microsoft and Apple to become the world’s most valuable company for the first time. Shares of the U.S. tech giant, known for its artificial intelligence (AI) chips, climbed by 3.5% in New York, bringing Nvidia’s market valuation to $3.34 trillion (£2.63 trillion). Microsoft, previously leading, now follows closely with a market cap of $3.32 trillion, while…
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In Armenia

Largest taxpayers in Armenia IT industry (2022/2023 Q1-3)

From January to September 2023, the 20 leading contributors to the IT sector’s tax revenue collectively paid a staggering AMD 40 billion. This noteworthy sum marks a substantial increase, nearly doubling the figures observed during the corresponding period in the previous year. Veeam Armenia witnessed an exceptional sixfold surge in tax payments during the same period when contrasted with…
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