16:57, 28 November 2023
YEREVAN, NOVEMBER 28, ARMENPRESS. David Amaryan, an Armenian entrepreneur and investor, the founder and executive director of the Balchug Capital, together with his brother Vardan Amaryan, a businessman and the founder of the Armenian Apricot Capital investment company, has established the Amaryan Charitable Foundation.
With extensive experience in the international business arena, both David and Vardan Amaryan have launched this initiative to provide direct support to their compatriots – forcibly displaced Armenians of Artsakh during this challenging time for Armenia.
The Foundation focuses on advancing educational programs, promoting a healthy lifestyle and sports, nurturing cultural initiatives, and providing assistance to the youth through various strategic projects.
The Foundation's journey commenced from the Syunik region, specifically in Verishen, the ancestral village of the Amaryan family.
“It is a great tragedy for me to witness the ongoing pan-Armenian disaster and an unprecedented humanitarian crisis. It has resulted in multi-sectoral and complex issues demanding the implementation of comprehensive, long-term, and strategic programs in collaboration with government, international organizations, and public institutions, based on the periodic needs assessment. I believe these programs should be consistent and unceasing. Thanks to the foundation, we will focus on enhancing educational opportunities and improving teaching excellence in Armenia, emphasizing the invaluable role that education plays in the future of our country. Despite widespread business success and operations in various countries, we have remained faithful to our roots and history. Our activities and many projects have always been committed to fostering Armenia's growth and economic development. And today, more than ever, the unity of global Armenians is of high importance,” said David Amaryan, Co-Founder of Amaryan Charitable Foundation.
