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As a first-time participant in the EWC competition, Armenia was originally allocated the standard single slot for the best startup to participate in the EWC Global Finals. The second slot will enable two teams from Armenia to compete against participants from other countries. Compared with the neighboring countries who are participating in EWC, Azerbaijan and Georgia received only one Global Finalist slot, yet Armenia, being smaller in size and population, received two Global Finalist slots to represent the country in the EWC 2021 Global Finals. 

  At the end of the semifinal pitching session, the jury selected 12 teams that will compete in the National Finals for over $100,000 in prizes and the top two winners will represent Armenia in the EWC global competition.  If selected as a 100 Global Finalist, the teams will advance to the  EWC Global Finals that will take place in November in Riyadh, Saudi Arabia. The 12 startup teams that have advanced to the National Finals are MedPoint Technologies, SmartClick, Revalcon, Cyber Tech, rBlock, Zoomrang (Zoom Apps), Heltun, Tactun (RAFA Solutions), Robodel, Mr.Fast, Streameal, and Denovo Sciences. 

The aim of the workshop was to provide EWC Armenia semi-finalists with expert know-how that would help them gear up for the final round of EWC Armenia pitches planned for July 24. In the workshop, David Beckett provided a thorough analysis of different types of pitches, through an examination of real business case studies and examples of good and bad pitch decks. The workshop was an excellent opportunity for EWC semi-finalists to learn tips and tricks for creating an impressive pitch from a startup expert.

Mentorship at EPIC promotes collaboration between startup teams and industry professionals willing to share their expertise, knowledge, and experience. Most EPIC incubator teams have multiple mentors who meet mentee teams once every two weeks throughout the duration of the incubation — consistently counseling them and offering constructive guidance, support, and connections. Overall, approximately sixty local and international mentors cooperate with EPIC.  Among the mentors, there are university professors, ecosystem professionals from consulting firms, banking, law, marketing, and product management, and mentors from overseas. 

Seven teams presented their new ventures on Demo Day. The startup Grandma won the Michael Agbabian Innovator Prize, and Click’too’Work won the Michael Agbabian Seed Fund Award. Grandma is an AI-based platform that detects and eliminates harmful content on the Internet. Click’too’Work is an online recruitment platform that addresses the challenges of employee recruitment faced by the HoReCa sector (Hotels, Restaurants, Catering), Hospitality, and Accommodation industries.