Discovering the Future
Angels Network
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 the Angels Network

Science and Technology Angels Network (STAN) unites a group of prominent Armenian professionals from all over the globe to invest in the Armenian seed-stage startups engaged in science and technology innovation. FAST establishes a connection to STAN. 

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

“One of the privileges of our club is the “Smart Money” concept. The club 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 Angels Network are as follows:

  • Facilitate joint investments in science and technology startups in Armenia
  • Facilitate joint initiatives in connection with projects and investments
  • Share best practices among business angel investors, strengthen their network and increase investors’ non-financial value through their membership
  • Assist in communication with potential investors and partners of the angel investors
  • Assist each member in pursuing his/her investment policies for increasing the value of the investments
Eligibility Criteria

To be eligible for pitching, the applicant must:

  • Have a seed stage startup focused on science and technology driven innovation
Selection Process
  • GUST platform sign 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 the receipt of 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 population.