On the eve of the New Year, Mkhitar Hayrapetyan stepped into the role of the Minister of High-Tech Industry of Armenia.
We would like to thank the former Minister Robert Khachatryan for his service. It was encouraging to witness Mr. Khachatryan at the ceremony, urging the new minister to uphold recent agreements with the high-tech community.
It's a significant gesture, highlighting the Ministry's commitment to collaborating with the community.
We hope to see energy and pro-activity from the new Minister in his role. Armenia's high-tech industry faces challenges. Armenian startups are thriving thanks to the talent of their founders (mostly Diaspora Armenian founders).
Our ecosystem builders and investors made important steps in the past paving the robust ecosystem. Now it is time to contribute a more sizable impact to the local ecosystem. We see a strong possibility for the local ecosystem to serve not only Armenian startups, but also the regional startups from Georgia, Moldova, Ukraine, Iran, and other countries.
Armenia can't match the financial might of oil-rich nations or offer a vast talent pools like larger countries. Our strategy should focus on nurturing talented founders and strengthening ties with the Armenian Diaspora. Smart, effective startup support programs are the way forward.
We believe in establishing robust private-public partnerships, fostering collaboration within the ecosystem, and building deeper connections with Diaspora Founders and Key Opinion Leaders.
Let's act smart and build a stronger tomorrow for our startups and tech community.
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