Beeline Startup Incubator presented business angel network to  Armenian startups 

ArmInfo. Beeline Startup  Incubator has hosted a discussion on business angel network in  Armenia.

As the press service of the company informs the network is an  association of investors and enterprises that provide funding, other  necessary resources and example of work to startups and newcomers in  business.

According to the source, founder of Business Angel Network of Armenia  (BANA) Grigor Hovhannisyan, Armenia Startup Academy cofounder  Hambardzum Kaghketsyan and head of Sprint Crowdfunders' Fund Karen  Vardanyan to part at the meeting. They introduced the advantages and  potential of this type of investment and explained to the attendees  how they could apply for assistance of business angels.

"Cooperation with business angels is a popular and successful method  worldwide and we want to make the best of international experience as  available as possible for Armenian startups. I hope that participants  of today's discussion will use the information they learned to  advance their startups in the future," said Beeline Armenia CEO  Andrey Pyatakhin.

'' Beeline Startup Incubator has organized this meeting for raising  awareness of its residents-startups, potential residents and all the  stakeholders'', the statement reads.  To recall, "VEON Armenia" CJSC   (Beeline trademark) is a  member of the Veon Group of companies,  which is one of the world's  largest integrated telecom operators.  The group includes  communications companies providing voice and data  services based on a  wide range of wireless and fixed-line  technologies, as well as  broadband Internet access to more than 200  million subscribers in Russia, Italy, Ukraine, Kazakhstan,  Uzbekistan, Tajikistan, Armenia,  Georgia , Kyrgyzstan, Laos,  Algeria, Bangladesh and Pakistan. The  companies of the group provide  services under the brands Beeline,  Kyivstar, Wind, Mobilink,  Banglalink and Djezzy.