YEREVAN, OCTOBER 13, ARMENPRESS. The winners of the “From idea to market” grant competition of science, technology and entrepreneurship program have been revealed. Scycryptor, Movie Trip, Tree Scale and localz startup companies were granted with 6 thousand U.S dollars by CRDF Global Organization and 2 million and 800.000 AMD by Armenian Ministry of Economy.

As “Armenpress” reports, the competition held in the frames of the  ArmTec annual conference was passed for the 9th time and was intended for the innovative concepts of the scientists and technology sector. 90 projects turned to the competition this year and 26 of them were given an opportunity to introduce themselves to jury.

The organizers of “From idea to market” grant competitions are Civilian Research and Development Foundation (CRDF), Armenian Ministry of Economy and Enterprise Incubator Foundation (EIF). The aim of the program is to contribute the development of entrepreneurship in technology sector and contribute the innovative concepts in various sectors.