Nano Hi wins Armenia’s national Cleantech Business Ideas Competition 2015
YEREVAN, October 14. /ARKA/. Nano Hi has won Armenia's National Cleantech Business Ideas Competition 2015.
Gagik Shmavonyan, the head of the company, told ARKA News Agency that Nano Hi has taken part in the contest for two consecutive years now.
«In the previous contest we were among four teams which won money prizes and this year we became the national winner,» he said.
In his words, his team competed with a technology for production a water bottle in the previous contest, and now it presented thermo photo voltaic containers.
To produce this container, the company has been working in nano technology area over 15 years.
«We have accomplished a great deal, and our biggest achievement is that we have got Armenian and international patents,» Shmavonyan said.
He said the $10,000 his team won in 2014 was spent on necessary equipment. «We will have prototypes of an appropriate container,» he added.
The main aim of the contest is to put innovative ideas into practice and to support innovators. Armenia held its first contest in 2014.
Armenia was the first country in Eastern Europe to join UNIDO GEF Global Cleantech Innovation Program for SMEs.
Some 24 companies presented their business ideas to jurors, who singled out the best ideas, of which the national winner was chosen.
The selected teams get $10,000 for developing their ideas, and the representatives of Ecotechnology, the company representing the national winner, will attend in November the annual Global Forum in Silicon Valley, where they present their business model to venture funds, investors and experts.
The duration of the Global Cleantech Innovation Program for SMEs in Armenia is three years. The aim of the program is to support startup small and medium companies that use clean technologies and to encourage innovators.
National partners of the program are the Armenian nature protection, economy, energy and natural resources and agriculture ministries. --0----
Gagik Shmavonyan, the head of the company, told ARKA News Agency that Nano Hi has taken part in the contest for two consecutive years now.
«In the previous contest we were among four teams which won money prizes and this year we became the national winner,» he said.
In his words, his team competed with a technology for production a water bottle in the previous contest, and now it presented thermo photo voltaic containers.
To produce this container, the company has been working in nano technology area over 15 years.
«We have accomplished a great deal, and our biggest achievement is that we have got Armenian and international patents,» Shmavonyan said.
He said the $10,000 his team won in 2014 was spent on necessary equipment. «We will have prototypes of an appropriate container,» he added.
The main aim of the contest is to put innovative ideas into practice and to support innovators. Armenia held its first contest in 2014.
Armenia was the first country in Eastern Europe to join UNIDO GEF Global Cleantech Innovation Program for SMEs.
Some 24 companies presented their business ideas to jurors, who singled out the best ideas, of which the national winner was chosen.
The selected teams get $10,000 for developing their ideas, and the representatives of Ecotechnology, the company representing the national winner, will attend in November the annual Global Forum in Silicon Valley, where they present their business model to venture funds, investors and experts.
The duration of the Global Cleantech Innovation Program for SMEs in Armenia is three years. The aim of the program is to support startup small and medium companies that use clean technologies and to encourage innovators.
National partners of the program are the Armenian nature protection, economy, energy and natural resources and agriculture ministries. --0----