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During a consultation held today at the Government, Prime Minister Karen Karapetyan was briefed on Sevan Startup Summit development prospects and opportunities.

The Sevan Startup Summit 2017 was said to have hosted about 4000 participants and guests from 23 countries of the world. The total sum of transactions at the close of the Summit exceeded the mark of USD 200,000, while the prize fund overran the planned 40 thousand to stand at USD 50,000, the Government’s press office reported.

During the Summit, the startup teams have the opportunity to get in touch with each other, as well as with entrepreneurs, professionals, reporters, highly qualified software developers and investors from both Armenia and abroad.

The Summit is planning to expand its geographical coverage in 2018 and hold a number of events in various countries around the world, called “Seaside Stargate Summit.” Welcoming the event, Prime Minister Karapetyan stressed that the Government is prepared to provide the organizers with the necessary support.