MIC Armenia: Demo Day Recap April 2015

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MIC Armenia had a great Demo Day for the MIC Pre-Accelerator Program. Everyone was very impressed by the quality of talent, the enthusiasm of everyone there, and the fact that this type of event puts MIC Armenia on even footing with any startup incubator worldwide. 

  • The event gathered 200+ people
  • There were reps from 2 early stage VC funds and about 10 private investors/angels
  • There were high level guests from Microsoft, Uber, Twitter, Soundcloud, Prezi, Google, local community, US embassy and USAID reps.
  • 4 Of the companies have follow ups in terms of future investment opportunities – out of them 3 have attracted lots of interest and more than one stakeholder is interested to move forward with them regarding investments and also networking opportunities– Flaxton, Penny and Sphere
  • 12 startups showed interest to be part of the program for the next batch
  • The MIC and the 7 startups have become a big family,

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