Converse Bank is supporting Sevan Startup Summit 2018 as part of events marking the bank’s 25th anniversary.

From July 22 to 29, more than 1000 entrepreneurs from all over the world will gather in Sevan to attend the gala event of Seaside Startup Summits 2018.

“Converse Bank constantly comes up with projects encouraging education and innovative thinking by giving young people an opportunity to get a competitive education and bring their innovative ideas to life. Partnership with Sevan Startup Summit is one of the most effective ways to support such programs. We are not just a sponsor of the event. By the initiative of Converse Bank and within the framework of the event, FinTech startup ideas and projects will also be presented for the first time this year. In the meantime, Converse Bank intends to assist the best and the most successful project,” said Artur Hakobyan, CEO of Converse Bank.

“We are happy that Converse Bank is supporting our initiative and we hope that our cooperation will be continuous and mutually beneficial, as the development of startup ecosystem in Armenia is important for the overall business environment of the country,” noted Vahagn Rapyan, CEO of Sevan Startup Summit.

During the event, the startups will have the opportunity to meet with investors and representatives of venture companies, and attend lectures and mentoring sessions conducted by entrepreneurs and business experts. The overall prize fund is expected to make USD 50,000.