In the international rating “Global Startup Ecosystem Index-2022” Yerevan is the leader among the Caucasian cities. “Startup Blink” annually publishes the world’s most comprehensive Global Startup Ecosystem Index report, which classifies startup ecosystems of 1000 cities and 100 countries. “Yerevan is the city with the highest rating in the Caucasus region. It remains in the first place in the Caucasus. The Republic of Armenia will continue to maintain its position in the near future. Yerevan has made a big leap, improving by 38 points and taking 244th place in the world. This growth has raised Yerevan on the Eastern European scale, where it now ranks 19th instead of 29th in 2021,” the report says.

Western Armenia is pleased to qualify such progress in this beautiful city of Armenia – Yerevan.