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The International START-UP program of the York Institute for Enterprise Development - YEDI (Canada) was presented in Yerevan.

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According to the Chairman of the Board of Trustees of Plekhanov Russian University of Economics (Yerevan Branch) Arman Vardanyan, the most important thing in Armenia is intellectual potential, hardworking people and flexible thinking.

“The investment climate in Armenia is improving day by day. We are open for cooperation and have already outlined a roadmap for strategic partnership with YEDI. I think, the most important thing in Armenia is intellectual potential, hardworking people, flexible thinking, which unfortunately is not sufficiently capitalized yet,” said Arman Vardanyan.

In his speech, Minister of Economy of the Republic of Armenia Tigran Khachatryan assured that the Government of Armenia is ready to support such projects and discuss issues of developing cooperation with YEDI (York Institute for Enterprise Development).

According to the publication, YEDI President Marat Ressin, a Canadian group of business moderators, as well as large businessmen from Iran, China, India, and Vietnam arrived for the first time at the event.

YEDI President Marat Ressin, in turn, assured that he was ready to expand cooperation with Armenia, and also expressed hope for building a campus in Armenia and implementing ideas throughout the country.                                                                                                         It is worth noting that similar presentations and conferences will soon be held in Ukraine.        It must be mentioned again, that YEDI (York Entrepreneurship Development Institute) is a Canadian business incubator, accelerator and venture fund, which is funded by the government of Canada, large banks and private organizations.