Another step in 'Stairways to Heaven'
Every startup regardless its development stage is looking for funding, whether it is from investors, venture capitalists or his/her favorite uncle because one understands that if they run out of money, their startup dies. So the startup development is like a stairway to heaven. The stairway is not smooth and is full of ups and downs. Sometimes we need to lose small battles in order to win the war. Small battles are pitching opportunities, and such opportunity for Armenian startups is UpStart startup pitching competition. More than 80 startups started the war, 30 passed the first round of selection, but only 16 startups won the first battle. They have got selected after pre-screening of applications and one-on-one interviews with organizers.