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Armenia's national venture fund expected to manage as much as $100 million by 2027, minister says

18.12.2019 16:00

Armenia's national venture fund expected to manage as much as $100 million by 2027, minister says

YEREVAN, December 18. /ARKA/. Armenia's National Venture Fund is expected to manage as much as $100 million by 2027, High Technology Industry Minister Hakob Arshakyan said on Wednesday.
He said although the decision to create the fund was made a long time ago, however, its official registration has not been completed yet.

He said in 2020 the fund will not only be registered, but will also make the first investments in the amount of $5 million.

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