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The journey of The Factory began with BANA Startup Incubator, a 32 week tailor-made incubation program that provided invaluable support and guidance to early-stage startups. As the program evolved and its impact grew, we realized that the Armenian tech ecosystem needs an all-encompassing hub where aspiring startup founders and bold innovators could learn, collaborate, and turn their innovative ideas into reality. Driven by their sublime mission of empowering the next generation of entrepreneurs, BANA Angels and Formula VC joined forces to create The Factory, a one-stop window to cover every aspect of a startup’s journey, from idea validation to growth.
The Factory is more than just a comfy co-working space. It is a community-driven meeting point for seasoned investors and successful founders to share their triumphs and inspire learners through the ups and downs of the startup journey. With every new entrepreneur who walks through the doors of The Factory, our innovation hub evolves as a catalyst for dreams, ideas, and the limitless possibilities for the Armenian tech community.