Discovering the Future
2021
Science and Technology Angels Network (STAN)
Group of prominent Armenian professionals from all over the globe to invest in the Armenian seed-stage startups engaged in science and technology innovation
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General Information
About STAN

The Science and Technology Angels Network unites a group of prominent Armenian professionals from all over the globe to invest in idea to seed-stage Armenian startups engaged in science and technology innovation. STAN primarily focuses on startups offering AI solutions.

The Science and Technology Angels Network is expanding its operations by offering investment opportunities via 3 main tracks:

  • Traditional angel investments
  • Women entrepreneurship
  • Moonshot projects

STAN provides access to risk capital and offers vast expertise that will be leveraged to support the companies with strategic advice, mentorship, and connections for their development. STAN members share a common vision of making Armenia a research and innovation powerhouse.

“One of the advantages of our Network is the “Smart money” concept. The Network will not only offer financing, but also it will take part in management by sharing their experience and knowledge with young entrepreneurs”.

Ruben Arutyunyan
Objectives

The objectives of the STAN are as follows:

  • Facilitate joint investments in science and technology startups in Armenia,
  • Share best practices among business angel investors, expand their network and increase investors’ non-financial value through their membership,
  • Assist in communication with potential investors and partners of angel investors,
  • Support each member in pursuing their investment policies for increasing the value of the investments.
7
Pitches
5
Startups
$295000
Investments
Investment Tracks
Investment Tracks

STAN is expanding its operations as to offer investment opportunities via 3 main tracks:

  • Traditional angel investments - this track offers pre-seed to seed-stage investments in startups engaged in science and technology innovation. We have emphasized our focus on AI as a platform technology, or as a technology integrated in various verticals that benefit Armenia and the world in AgTech, EdTech and FinTech.
  • Moonshot projects - our investments here are in high-risk/high-gain projects which offer ultra-sophisticated, deep technology solutions to tackle worldwide challenges. The stage of the project can vary from idea to product ready.
  • Women entrepreneurship - this track provides impact investments for women-led very early stage (idea/concept stage) startups to strengthen women entrepreneurship in Armenia.


Selection process

  • GUST platform sign up will be required to apply to STAN as the application process is managed through GUST platform
  • Notification about the outcomes of the pre-screening and screening will be sent within two months of receiving the application
  • Successful candidates will be invited to pitch for STAN members
  • Applications are accepted on a rolling basis


STAN community

STAN believes in the importance of science and technology for boosting the economic growth in Armenia and leveraging the creative forces of the country.