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Seven creative businesses have been awarded a €210,000 Artbox Accelerator grant to scale up and strengthen Armenia’s creative ecosystem

#Artbox Updates
16 creative businesses successfully completed the 8-week Artbox Accelerator program, with 7 of them receiving €30,000 each to boost their growth.

Published: September 19, 2024

Creative Armenia celebrates the successful completion of its signature Artbox Accelerator program, aimed at nurturing the growth of businesses in the creative industries.

From June to the end of July 2024, 16 creative businesses across creative fields such as music, fashion, animation, and more participated in Artbox Accelerator to expand their businesses, grow their audiences, and increase profitability. For 8 weeks, these teams collaborated with mentors from top international companies and institutions such as LEGO®, Parsons, Burberry, and others, joining the program from various parts of the world, including France, Denmark, the Netherlands, and beyond.


The workshops covered a wide range of topics, including assessing business performance, improving their products, optimizing efficiency, developing growth strategies, and more.

16 creative businesses accelerated by Artbox are:

“At Creative Armenia, we emphasize the significance of boosting the growth of existing creative businesses. Through Artbox Accelerator, we are proud of having provided a new wave of 7 creative businesses a distinctive pipeline of support and grants to catalyze their engagement with local and international stakeholders, showcase their work, and expand their revenues as well as genuine public influence,” said Anush Ter-Khachatryan, Director of Programs at Creative Armenia.

The 7 participants that were cumulatively awarded €210,000 to accelerate their creative businesses are:

  • AAA Audio (Music Production)
    An Armenian music tech company that specializes in the creation of virtual instruments and the provision of remote recording services.
  • Bars Media (Film Production) 
    Documentary film production studio that focuses on human-centric and impactful narratives.
  • Cyber Folk (Music Education)
    A music education platform that provides offline and online courses in music production, DJ-ing, and live performance
  • HAYFILM CLUSTER (Art Space) 
    A multifunctional hub for creative arts that fosters local talent in music, visual arts, and sustainable production, with a steadfast commitment to inclusivity, innovation, and sustainability at its core.
  • Man In Town (Fashion Brand)
    Cool menswear proudly made in Armenia that offers modern casual clothing and accessories for men, blending traditional styles with contemporary trends and the spirit of Yerevan, catering to urban dwellers with high creative and commercial potential.
  • Popok Animation (Animation Studio) 
    A studio that transitions from providing computer graphics services to developing and producing its own animation series and films, aiming to revitalize Armenian animation and represent Armenia internationally.
  • Proper Studios (Creative Agency)
    Based in Yerevan and London, it provides high-impact design and persuasive communications products, to help clients measurably reach their objectives.
     

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