Digitain to launch startup hub in Armenia

Digitain announced Thursday its plans to support gaming and tech startups across the Caucuses.

Announced during this year’s World Congress on Information Technologies (WCIT) currently taking place in Armenia, Digitain unveiled its scale model the project’s HQ; a custom-built complex located in Yerevan.

The complex, set to be named ‘DigiTown’, will offer free working space for an initial year to the region’s most ambitious tech startups in a full-service ecosystem - designed to provide the foundations for harnessing growth at the crossroads between Asia and Europe.

As well as fostering regional growth, Digitain hopes that the launch of DigiTown will further attract foreign investment to a country already famed for its tech talents, as well as leading position within the B2B gaming tech space.

Commenting on the launch of DigiTown, Suren Khachatryan, CCO at Digitain said:

“Armenia’s contribution to tech world of IT and tech speaks for itself. As one of Armenia’s most successful companies, we’re delighted to be launching such as ambitious project – one that we hope will continue to put one of the most dynamic, fast-growing regions on the planet.

“As well as attracting investment and fostering entrepreneurship; we’re also looking forward to connecting with the Armenian global diaspora, many of whom will be getting involved in making our country a true open window to the tech world!”

With the DigiTown complex now under construction, 2019 has been a busy year for Digitain. As well as multiple awards for excellence at the CEEGC, EGR and RGW Awards 2019, it has expanded its global footprint from Europe, through Asia and on to Africa and LatAm.