Since November 2014, the project Establish Your Startup, From an Idea to a Great Business: Step One, performed by Compass
Research, Training and Consultancy Center NGO aimed to improve the social-economic conditions of 30 young people living in rural areas of Shirak Region through the provision and development of entrepreneurial skills and knowledge. Thirty people between the ages of 18-35 who had business ideas were given the chance to participate in the program. The total duration of the course was one month and it had started onNovember 13th. The course curriculum included topics such as marketing, financial planning, business management, accounting, and more.
At the end of the training courses, a competition of business proposals was announced where young participants presented their business plans. Until December 15th, the Selection Committee chose the best 3 business plans. Priority was given to innovative ideas, which contained elements of the application of information technologies.
Within the framework of the project, Compass Research, Training and Consultancy Center NGO cooperated with the ASUE Gyumri branch, which provided the necessary space for trainings.
Establish Your Startup, From an Idea to a Great Business: Step One was implemented within the framework of grant competition awarded by the President’s staff and Youth Foundation of Armenia.