ANC-WR Delegation Discusses Collaboration with Armenia’s  IT Sector

The ANC-WR delegation with the First Deputy Minister of Transport, Communication, and IT

YEREVAN—Advanced cooperation between the IT sectors of Armenia and California was discussed last week during a meeting held between the ANC-WR led California Legislative and Trade Delegation and Armenia’s First Deputy Minister of Transport, Communication, and Information Technologies.

On September 11, the Armenian National Committee of America-Western Region California Delegation held an extremely productive meeting with Hakob Arshakyan, First Deputy Minister of Transport, Communication, and Information Technologies where the two sides shared the current conditions of their respective IT sectors and discussed ways to increase in the number of start-ups in Armenia as well as ways to increase the talent in the IT sector.

During the meeting, California State Senator Anthony Portantino welcomed the young new government and expressed readiness to support Armenian companies especially in the IT sector. In turn, First Deputy Minister Arshakyan discussed the work that was being done towards the creation of a National Venture Fund to engage interest in the Diaspora to help guide start-ups in Armenia. He added that currently, the ministry is in talks with foreign donors and local investors in order to create a model that will attract startup companies from around the world.

The ANC-WR delegation touched upon key points of interest about further cooperation between respective IT sectors

First Deputy Minister Arshakyan also explained that it would be beneficial to establish exchange programs where startup companies in Armenia could receive training and work with startup companies in the Silicon Valley. Inviting professors from the diaspora to teach courses about business startups and information technologies was also discussed.

During the meeting, Vice-President of Global Public Policy & Strategic Communications for Postmates, Inc., Vikrum Aiyer proposed an “Entrepeneur in Residence Fellowshipâ€

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