Deadline: 17 February 2017
The “Support to SME Development in Armenia” (SMEDA) project, which is co-funded by the European Union and the German Federal Ministry for Economic Cooperation and Development (BMZ) and implemented by GIZ PSD SC Regional Programme, in cooperation with Enterprise Incubator Foundation (EIF), is seeking applications for “Science and Technology Entrepreneurship (STEP) programme” within Diversified Access to Finance component of the SMEDA project. SMEDA is part of the EU4Business and EU4Innovation Initiatives.
The overall objective of the programme is to help start-up teams, innovators, scientists, engineers, researchers, and entrepreneurs to move their products to the market, create new ventures, and promote innovation and entrepreneurship.
The programme is aiming at igniting the spark of entrepreneurship and advancing innovative technology-based ideas to the market.
Funding Information
There will be up to 10 grants provided in 2016- 2018 amounting to 15.000 Euro each, with maximum 12-month project duration.
Program Activities
The competition will also support grantees with the following activities:
- Access to seed funding through STEP for the winner start-up companies
- Mentorship, networking opportunities, and expertise in user
- Centered innovation commercialization strategies and business development
- Linkages with potential investors
Eligibility Criteria
- Competition is open to start-up teams, consisting of two or more participants who are willing to develop an idea with high technology based in the field of Engineering, CleanTech, Biotech, etc., in Armenia.
- All applicants, including all members of the applying team must be citizens or permanent residents of Armenia and residing in Armenia at the time of submission of application.
How to Apply
Interested applicants must apply online via given website.
Eligible Country: Armenia
For more information, please visit STEM Call for Proposals.