Microsoft Promotes Newly Established IT Companies In Armenia

MICROSOFT PROMOTES NEWLY ESTABLISHED IT COMPANIES IN ARMENIA

/PanARMENIAN.Net/
17.07.2009 20:49 GMT+04:00

/PanARMENIAN.Net/ BizSpark program elaborated by Microsoft to promote IT start-ups was presented at today’s forum in Yerevan. According to Grigor Barseghyan director of Microsoft office in Armenia, BizSpark was designed to promote the newly established IT firms, since they often have problems.

According to him, any company, established within last three years
and with turnover not exceeding $0.5 million, may take part in the
program. Under this program, the start-up receives all the necessary
software from Microsoft. Within 3 years no fees are charged from the
start-up, but if the company decides to withdraw from the program
within that time, it would pay $100. According to Barseghyan, that
symbolic fee is designed to make participants more serious about
the project.