Last week, Armenia StartUp Cup held their third annual Extreme Build-A-Business Weekend, organized by Armenia StartUp Cup and International Academy of Business (IAB) with support from AYB School, Congress Hotel and leadership from StartUp Cup Global.

This year’s ArmeniaScreen Shot 2015-09-24 at 4.44.42 PM StartUp Cup is a prime example of high impact, sustainable entrepreneurial development, with the entire program being produced exclusively by local Armenian organizations. In addition, all formal presentations and mentoring are being conducted by local entrepreneurs and entrepreneurial champions trained by StartUp Cup leadership.

From the over 67 business model submissions, 50 teams were invited to the Armenia StartUp Cup Extreme Build-A-Business Weekend where the Top 25 startup teams were chosen to advance in the acceleration program by the Armenia StartUp Cup Challenge Judges.