The Social Impact Award (SIA) ceremony will take place on October 4th of this year at Impact Hub Yerevan. For the second year in a row, AraratBank provides the prize fund, emphasizing its commitment to businesses that value social impact apart from profit.

As a reminder, last year AraratBank provided a prize fund of 6,000 euros, which was distributed among four winning teams: Adapteon, Contests Lab, Gyugh.org, and Refill.

This year, the bank provides the prize fund again, reiterating its support to social entrepreneurship.

The results of the competition and the winning teams will be announced during the event at Impact Hub Yerevan on October 4th.

SIA is a globally recognized platform that has been supporting and encouraging young social entrepreneurs in more than 25 countries since 2009. The platform provides social entrepreneurs with necessary tools, resources, and network.