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Podcast: Business Daily
Episode:

Armenia: Silicon Valley of the Caucasus?

Category: Business
Duration: 00:18:22
Publish Date: 2025-04-16 23:01:00
Description:

The small country of Armenia in the South Caucasus has long been positioning itself as an emerging technology hub. Hundreds of tech start-ups with strong ties to the US market through the Armenian diaspora are now based there. From 2020 to 2022, investments in small Armenian tech companies reached $48 million.

The industry has been partly fuelled by the arrival of hundreds of Russian IT specialists following the invasion of Ukraine.

We hear how the government wants the IT sector to develop the economy, talk to tech start-up founders, and find out how tech education for children is being prioritised.

If you would like to get in touch with the show, please email: businessdaily@bbc.co.uk

(Picture: Staff in the offices of Doctor Yan, a health care assistant app in Armenia. Credit: BBC)

Presented and produced by Rayhan Demytrie

Total Play: 0

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