Investment Projects Catalogue Armenia

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Latest submission

Tourism

Vine Cliff Hotel in Areni

Vayots Dzor

Within the period 2008-2019, the number of tourists visiting Armenia has increased 3 times from 575.000 people to 1.932.000 people. Being a cradle of winemaking, Armenia has become a leading destination for wine tourism. The latter trend has become trendy, especially within 5 years when the Irish expedition in Areni, South of Armenia discovered the earliest known winery dating back to 6000 BC. With this in mind and given limited hospitality infrastructure in the area, the owners of the company has embarked on building a VineCliff Boutique Hub in Areni. The 700 sq.m. land plot has already been acquired and cleared of all existing structures, all the corresponding construction permits are secured from the local authority. The Hub will consist of an eleven-room 3-star hotel with a restaurant (The Vine Cliff Hotel) and a wine tasting facility. The four-floor building will have on its Level 1 storage, spa, and sauna coupled with the steam room. Levels 1 and 2 will also cover the 11 guest rooms, Level 4 – a rooftop bar. The hub will invite its guests to discover and experience Areni and its surroundings - its land, nature, history, viticulture and winemaking combined with additional tourist services. The hub will cater primarily to enotourists, both local and international, who will be offered a range of services such as dining, wine tastings, and various tours of the surrounding area. The hub, given its location, the wine making credentials, and the increasing importance of ecotourism, coupled with the multiple revenue streams will deliver a competitive ROI.

Required investments

$445,500

173 299 500֏

Profitability

14%

VineCliff LLC

Manufacturing

Motsak Military Drones Manufacturing in Armenia

Yerevan

Global spending on unmanned aerial vehicles is poised for a major expansion in the coming decade as militaries invest about $98 billion in new intelligence gathering and strike capabilities. Given the rise in territorial disputes in the world and the increase of military budgets even amid and post-COVID19, the demand for UAVs is rising exponentially. Additionally, Armenia’s strategy to reform its defense system with a primary focus on drones manufacturing, makes it essential to have in-house drone manufacturing. Motsak strike drone is the semi-automatic weapon of the third generation, where the operator only needs to indicate the coordinates of the target. A simple, relatively inexpensive, effective weapon that can be used in various types of forces. Hand-launching and small dimensions make it possible to launch from the ground, from a shelter, from moving and stationary objects, even for soldiers who have not undergone special training. Ready and start-up in 1 minute. One soldier can launch many drones alone where the third party is unable to determine the start point. There are two versions of the model. Both models are made of composite radio-transparent materials and, due to their small dimensions, are difficult to detect by radars. Amongst the advantages of Motsak are relatively low cost of manufacturing, autonomous mission execution after launch doesn't depend on the launch site, and many more.

Required investments

$1,600,000

622 400 000֏

Profitability

17%

Motsak Drone Manufacturing LLC

High-Tech

HiCare Cardio - Your Digital Clinic Everywhere

Yerevan

Care Technologies is raising a seed round and is currently offering investment in its growing SaaS AI platform (named HiCare Cardio) which is an implementation of an intelligent IoT ecosystem to provide efficient AI-supported interventions to patients with cardiovascular diseases, and effective interaction with their clinicians, in the context of home care management. The healthcare industry is facing an aging population, an increase of chronic diseases and a higher demand for cost-effective ways to provide qualitative care. HiCare Cardio addresses industry challenges by bringing a smart integrated solution that consists of the following components: 1) Third-party cardiac patches, 2) Mobile application that uploads vital signs and real-time symptoms from patch and third-party devices to the cloud. 3) Cloud platform includes deep learning algorithms for arrhythmia,respiratory rate detection and provides multi-format data transformation for ingestion into clinical systems. 4) Multidata consolidation provides integrated data formatting and transformation for clinical systems integration. Digital health has become the cornerstone in their strategies to meet the healthcare challenges of the 21st century and beyond. They are going after a huge, mostly untapped market for this type of application. Why Invest in Care Technologies? a) Flexible IP protected platform to be integrated with a wide range of IOT-devices and healthcare systems, b) Experienced, Driven, Passionate team, c) Strategic healthcare partners, d) Huge $121B specific addressable market, e) Disrupted healthcare ecosystem which is moving towards personalization and the patient’s home, f) Accelerated adoption and embracing of new technologies in a COVID-19 world. Today, HiCare is well positioned to capitalize on the shift towards remote care management that is being accelerated by COVID. Technologies enable patients to carry out normal activities in their home environment with limited disruption related to the management of their chronic disease. Uniquely, Care Technologies developed its solution collaboratively with its partners and industry, gaining a keen understanding of this large, growing, and underserved market. This investment will enable the team to pour more fuel into product development, clinical trials and marketing/sales to use market potential opportunities in the full scale.

Required investments

$1,500,000

583 500 000֏

Profitability

10%

Care Technologies LLC

Manufacturing

Metal Rolling Factory Establishment in Shirak

Shirak

The Metal Rolling Factory will be established in Getk village of Shirak's region. The plant will have a big contribution to promoting and developing heavy manufacturing in the region. The main products the company plans to produce are metal rolled strips, rolled squares, wire rods, and fittings for reinforcement. For meeting the high standards, some of the employees have already been trained by Italian and Syrian specialists. The company will initially sell its products in the local market, with the vision of exporting its products in the future. Part of the capital expenses is already carried out by the owner of the project. The necessary investments are intended to be used for purchasing a workshop, the rest of the equipment, and covering operational costs of the first quarter.

Required investments

$210,000

81 690 000֏

Profitability

13%

Avayans LLC

High-Tech

Heltun Smart Home Devices Manufacturing

Yerevan

The smart systems market has been growing globally for the past decade, it is projected that there will be 389M households with smart systems globally in 2025, and the total spending amounting to $175bln. The companies operating in the Smart Home market (hotels and property managers, smart home integrators, telecom operators) are predicted to account for $90bln of total market in 2027, while 40% of new single-family and construction in the US will include smart home systems as a standard by 2025. Having started manufacturing in 2020 November, Heltun has recorded an unprecedented growth within 2 years: contracts with 72 distributors covering 25 countries, 3 patents pending in the US, 5 patents in the filing process, 600K sales within 10 months. Heltun develops and produces premium quality Smart Home (IoT) devices which are well designed, have rich functionality and can be easily installed and managed by users without technical skills. Its main advantage is that Heltun enables people to easily manage smart home devices from different brands. Heltun offers a unique software solution that manages all user’s connected devices regardless of technology - creating powerful intelligent experiences and enhancing home comfort. With seed investment of $1mln., the company is looking for investments to expand its production given the high volume of contracts at hand.

Required investments

$250,000

97 250 000֏

Profitability

55%

Heltun Solutions LLC

Manufacturing

Lalunz Textile Factory Expansion

Yerevan

Lalunz Factory sales have been exponentially growing over the past 3 years both in volume and monetary terms. As compared to 2019, when only 3000 units were sold out, in 2021 the company managed to sell 21000 units of its products, with 60% accounting for Lalunz Babies’ Garments and 40% for corporate orders. As such, the sales volume has increased 7 fold, while the number of employers has increased from 10 in 2019 to 28 in 2021, implying an additional increase in the labor productivity over the 3 year-span. With continuous orders both in Armenia and Russia, the business case has been developed to expand factory’s current capacity. In the scope of the expansion, it is planned to acquire a new production area, increase the range of raw materials import with new large storage, supplement its ongoing store chains with 2 more and introduce an export-oriented production system.

Required investments

$340,000

132 260 000֏

Profitability

6%

Lalunz LLC

Construction

Distrikt Sustainable IT Hub in Gyumri

Shirak

The Distrikt has already had a significant impact on the City of Gyumri, generating notable economic output, supporting jobs in the IT sector, and will contribute large amounts of labor income across different industries furthermore planning to expand by creating Distrikt Sustainable IT Hub in the city. In order to continue this growth, the company will be making a massive investment in people, education, technology research, infrastructure, agriculture, and the development of Gyumri plus the Shirak region. The Distrikt Sustainable IT Hub will be located in the former 7th fortified region in Gyumri in the place of an abandoned military unit covering 21 ha of territories. The company has adopted United Nations' SDGs as a core pillar of the business model and has set an ambitious goal –plus become the 1st fully SDG compliant community in the world. The project’s future development and modernization comprise over 50 IT start-ups, an artisan center & manufacturing studios, retail stores and apartments, green areas and farming center, visitor serving amenities and facilities, and many more. The Distrikt will create 500-800 permanent jobs in the IT sector, retail, and hospitality industry. It expects to host annually up to 10,000 tourists, digital nomads, as well as more than 20 IT-oriented events & festivals. The overall project development cost is estimated at $20,000,000 for both land/infrastructure and entrepreneurial startups. The initial stage will cover investments of $2,000,000 and cover a 5-year-plan, including but not limited to the infrastructure development, planting of 15,000 trees, a dozen buildings for IT start-ups, a main co-working facility, a creativity center for art & design, a collaboration workshop for light industrial production, office rentals, 5 greenhouses, restaurants, cafes, entertainment venues and much more.

Required investments

$2,000,000

778 000 000֏

Profitability

18%

Distrikt Development CJSC

Construction

Ardvi Freelancers' Hub

Lori

Ardvi Freelancers' Hub will be located in the Ardvi village, Lori Province of Armenia. Being in the heart of breath-taking landscapes the Hub will be built on 20,000 square meters of owned land with available area for further development and scale-up of nearly 50,000 square meters. It will include 20 isolated “bunker-like” apartments equipped with all needed comforts in the home-away-from-home concept. The sizes of the units will vary between 35 to 40 sqm, having a unique interior design and placement. The main building of the Hub includes several functional units. The first floor is designed for the Restaurant with its kitchen and storage facilities, wine bar, artisan crafts shop and other minor structures. In the second floor the spa area will be situated. Ardvi Freelancers' Hub will also have a separate open camping ground offering secure camping possibility for visitors as well as providing tents and other camping amenities for rent. Additionally, it will provide an open-space discussion platform for corporate meetings, an event area in the main facility and a small boutique with local souvenirs and art crafts. The main facility of the resort will be designed appropriately to host different venues, events and concerts. The fusion of all those elements, makes the Hub a perfect place for freelancers who are seeking eco food at affordable prices, coupled with fast internet and picturesque landscapes. Armenia has become a trendy tourist destination in the past decade given its rich historical heritage on one hand and affordability on the other hand. The number of tourists visiting the country is constantly growing at the pace of 15% on average. Within the period of 2008-2019, the number of tourists visiting Armenia has increased 3 times from 575.000 people to 1.932.000 people. Geographic composition of tourists in Armenia cover EU Countries – 25.8%, Russia – 21.7%, Iran – 17% and the United States of America – 13.6%. Moreover, with newly opened low cost destinations to European countries starting as low as 40 EUR, Armenia has become a full package deal for many travellers.

Required investments

$1,035,000

402 615 000֏

Profitability

24%

Ardvi LLC

Tourism

Noosh Boutique Hotel

Lori

In the last 3 years, Armenia is facing a dynamic development in the spheres of ecological tourism and village-based resorts. The number of visitors in the pre-COVID period exceeded 4 million people. 27% of visitors come to Armenia from the EU countries, 26% from Russia and other CIS countries, 5% from Iran, 6% from the USA. In addition to the traditional premium airlines, low-cost airlines such as Wizzair, Transavia, Skyup, Bees, Ryanair, Airbaltic, Fly Pegasus, Fly One and others began to fly to Armenia, connecting Yerevan and Gyumri with European countries at a price starting from 40 euros. At the same time, the Lori Province (location of Dsegh village) has become one of the leading destination for rafting and hiking. Yet, there is a lack of hotels infrastructure in the area both for hikers' stayover and lovers of eco tourism. "Noosh-Dsegh" will be a boutique guest house established in Dsegh village of Lori province in Armenia, which will offer a recreational zone for travelers. The land has already been purchased in the village and covers an area of 1200m2. Noosh-Dsegh will comprise the Hotel, Café, and Courtyard. Currently, construction work for the restaurant is underway. The Hotel will have 10 rooms ranging 14-18m2 overlooking gorgeous landscapes of Dsegh village. While the restaurant will be able to serve 40 guests at the same time with electronic table reservations and takeaway services, especially for the hikers.

Required investments

$265,000

103 085 000֏

Profitability

11%

Noosh 2 LLC

Manufacturing

Armbasalt Factory Expansion

Kotayk

The basalt fiber market is steadily growing worldwide by an average of 13%. One of the growth drivers for basalt fibers is their superior performance compared to fiberglass. It demonstrates better chemical resistance, corrosion resistance, tensile strength, and durability compared to fiberglass. Armbasalt factory is one of the leading producers of fiber in the region, where fiber is produced by the method of single-stage extraction from basalt melt with simultaneous processing of the primary thread (with special lubricants), in order to make the thread elastic and compatible with various types of resins: epoxy, epoxy-phenolic, phenol-formaldehyde, etc. Further, the complex yarns pass through a stage of partial drying and are transferred to processing for the production of roving. Roving undergoes full drying and is sent either to the customer, to weaving production to obtain fabric, or to the wheelhouse to obtain basalt chopped fiber (fiber), as well as to the production of fittings. Armbasalt also has a patent for the technology of its own development of continuous basalt fiber production Armbasalt's steady growth and contracts for exports in Russia, the Czech Republic, and other countries have created the need for its factory expansion to ensure the annual production of 5000 tons of basalt fiber versus its current annual capacity of 1080 tons. The overall project initiation foresees two stages of investments: - Stage I- aims to restart the production of basalt fiber roving with existing capacities, i.e. five melting furnaces in place. Meanwhile, modernization of the necessary equipment is envisaged, ensuring the reduction of production costs at this stage. - Stage II- aiming for significant expansion of production capacities up to 5,000 tons per annum, which means that 20 new furnaces will be established. This stage of investment includes also the construction of new warehouses, the purchase, and the installment of corresponding equipment for each furnace as a separate production line.

Required investments

$5,730,000

2 228 970 000֏

Profitability

11%

ArmBasalt CJSC

Agriculture

5th Generation Tomato Greenhouse

Ararat

Based on the market analysis by NuFarm Tech, it has been established that there is an increased demand for tomatoes in Armenia and neighboring countries. The export potential of Armenia-produced tomatoes has been assessed and amounted to $45 mln. Meanwhile, as of now only $14 mln. worth tomatoes are exported, mainly to Russia. The company plans to install a 5th generation greenhouse to grow tomatoes on its land of 3000 sq.m. in the village of Norabats, Ararat Province, Armenia. The greenhouse will include smart farming techniques and will adopt AI-powered prediction models. The smart farming techniques will provide full control over the processes and crop production/health will be tracked and productivity will be improved using AI algorithms. Meanwhile, through the State Support program for the agricultural sector, the reimbursement of 50% of the construction costs for greenhouses are offered by the State.

Required investments

$337,000

131 093 000֏

Profitability

25%

NuFarm Tech LLC

Renewable Energy

5.8 MW Kharberd Solar PV in Armenia

Yerevan

The company owns a 4 ha land plot in Kharberd and plans to outsource it for an investor, or investment fund to establish 5.8 MW solar PV. The plot is situated in the high solar intensity zone of Armenia and is within close distance of electricity grids. The proposed design consists of 2 units with nominal output power of 2.3MW plus one unit with nominal output power of 1.2 MW, each one formed by several parallel and series associations of photovoltaic modules, which in turn are mounted on fixed structures with horizontal PV module assembly. Using this design, the Typical Meteorological Year of the area provided by the Client and modelling the characteristics of the surrounding obstacles, the plant performance and production has been calculated showing a capacity factor of 23%. Fixed structures will be formed 3 rows of 19 PV panels (57 PV panels per structure) and it will be south oriented: - General Block – 2.3MW: there will be connected 152 PV fixed structures of 3 rows with 19 PV panels per 2.3MW ITC (8664 PV panels). Each 2.3MW ITC has two 1164kW inverters. Solar inverters are used to convert the direct current generated by PV modules into alternating current of low voltage. A double secondary power transformer (one secondary winding for each inverter) will raise it to medium voltage under optimal conditions of voltage and frequency for grid connection. - General Block – 1.2MW: there will be connected 76 PV fixed structures of 3 rows with 19 PV panels per 1.2MW ITC (4332 PV panels). The 1.2MW ITC has one 1164kW inverter. Solar inverters are used to convert the direct current generated by PV modules into alternating current of low voltage. A single secondary power transformer will raise it to medium voltage under optimal conditions of voltage and frequency for grid connection. Each ITC will be equipped with an auxiliary power transformer which will supply energy to necessary auxiliary services for proper operating of PV plant (inverter power supply, lighting, monitoring, power suppliers, etc.). Armenia has a large potential for solar energy (the average annual solar energy production per 1sq.m. of the surface is 1,720 kWh/sq.m. and a quarter of the country has an annual solar energy supply of 1,850 kWh/sq.m). The Government of the Republic of Armenia guarantees the purchase of the full amount of electricity produced from renewable sources within the next 20 years. Today, Armenia is building several large solar power plants with a total capacity of 400 MW.

Required investments

$5,244,000

2 039 916 000֏

Profitability

30%

KRISTJAN LLC

Tourism

10X Dilijan Hotel

Tavush

The tourism sector in Armenia has experienced unprecedented development over the past decade, registering an average annual growth of 15%. Revenues generated in the tourism sector account for 15.3% of Armenia’s GDP, and the number of visitors in the pre-COVID period exceeded 4 million people. 27% of visitors come to Armenia from the EU countries, 26% from Russia and other CIS countries, 5% from Iran, 6% from the USA. In addition to the traditional premium airlines, low-cost airlines such as Wizzair, Transavia, Skyup, Bees, Ryanair, Airbaltic, Fly Pegasus, Fly One and others began to fly to Armenia, connecting Yerevan and Gyumri with European countries at a price starting from 40 euros. The Recycle Development company has purchased an old industrial building in Dilijan covering 4500 sq.m. which is set to be transformed into a premium-class industrial style designed 10X Dilijan Hotel. The hotel will have a rooftop lounge, 2 swimming pools, indoor garden, concert hall, spa center, wine bar, restaurants and many more. The hotel will be equipped with 39 rooms, out of which 18 will be 2-storey loft style rooms. Meanwhile, the basement will comprise swimming pool - 75 m2, terrace - 130 m2, GYM & SPA - 458 m2, locker rooms - 130m2, technical rooms - 162m2. One of the swimming pools located at the rooftop will be heated, while the bigger swimming pool adjacent to the terrace overlooks the gorge and lush forests of Dilijan. The project is estimated at $7,500,000 and the company offers tickets each costing $100,000. 15 tickets have already been purchased and the company is looking for shareholders for the available 60 tickets.

Required investments

$7,500,000

2 917 500 000֏

Profitability

14%

Recycle Development CJSC

Agriculture

Shamshadin Eco Meat Production Expansion

Tavush

According to the Armenian Statistical Office, within the last 5 years the export of products from meat, fish, crustaceans, mollusks, and other marine invertebrates increased by a CAGR of 24.3%. The total production volume of meat sausages from January to September 2021 was 9,953.9 tons growing by 18.4%. Given the growing demand for meat products both in Armenia, as well as in neighboring Georgia and Russia, there is a need for Eco Meat Cooperative to expand. The Company owns real estate in Tavush province for meat production, which is required to be renovated and expanded to ensure higher yield both in monetary and volume terms. The expansion upon the availability of investments can be completed within 6 months. The preliminary agreements on the equipment purchase have been reached. The company will also expand its products portfolio by adding production of sausages, semi-cooked products, beef products, as well a new assortment in the existing pork products line. The distance between the Company and the nearest residential area is 300m and 700m from the main road. The company uses local raw materials, herbs and spices, and tree branches for smoked meat products in making high-quality organic meat products. It purchases meat from the local farmers for the same price all year round. Meat production is accompanied by a livestock permit. Intended meat passes through acceptance, surveillance, additional cleaning, and washing. The Company does not use any kind of chemical preservatives to extend its product’s shelf life. The nutrition period is 6 months. The overall monthly capacity for the Company is 165,000 kg and the total annual capacity is 1,980,000 kg. The monthly capacities range from 3,000 to 30,000 kg. The products with the highest production volumes are milk sausage, sausage "medical" and sardelka with natural membrane. Some of the products with the lowest capacities (i.e. a monthly production capacity of 3,000 kg) are the rural and kiev cutlets, kufta , kupati , smoked pork slab, etc. Overall, we could categorize the product types into 3 categories, those that produce low quantities at 3,000 kg per month, medium quantities at 9,000 kg per month, and high quantities at 30,000 kg per month.

Required investments

$832,000

323 648 000֏

Profitability

12%

Shamshadin Eco Meat P/C

High-Tech

My Kidz Mobile Application

Yerevan

MyKidz is a platform (website, mobile app, online store, social networks, and media) for children and their parents, which provides comprehensive and classified information about childcare facilities, products, and services. MyKidz mobile application allows you to get answers to many questions related to children, quickly and easily find the necessary institution or service on the map, get complete information about it, stay informed about upcoming children's events, get tickets, make profitable online purchases, contact various professionals, as well as offers many other opportunities. The information in the application is grouped by categories: education, healthcare, entertainment venues, development centers, parks, etc. Additionally, MyKidz application provides a platform for all businesses and individual entrepreneurs who target children as the user persona. The latter makes SMEs more recognizable and accessible. The application has “users” on one side and “customers” on the other. The users are mainly parents, for whom the application will be free. Customers are businesses and individual entrepreneurs, who will present themselves to their target market with the help of the platform. The source of income is SMEs that target their services, products children, and their parents as user personas. There will be fixed payment plans for these SMEs. As of now, the mobile application development initial prototyping has been carried out and the company requires additional investments to finalize the works and enter the market.

Required investments

$70,000

27 230 000֏

Profitability

9%

MyKidz LLC

Tourism

Tonir Armenian Wedding Village

Syunik

The global wedding industry is estimated at $300 billion . Outgoing weddings are considered one of the main attractions of tourism in a number of countries such as Italy, Croatia, as well as exotic destinations as Marrakech, Indonesia, India etc. Tonir LLC research shows that at least 400-600 Diaspora Armenian and foreign couples prefer to have their wedding in Armenia every year. And while outgoing weddings are organized in Armenia by more than 12 wedding planning agencies, Tonir is the only one specializing in the traditional weddings with professional ethnographers involved. Given the rising demand, the company has decided to settle a stationary point for wedding organization in the picturesque Vaghatin village which is surrounded by mountains covered in lush forests. The project of the Toneer Wedding Village aims to create an ethno-themed wedding village which will include the bride and groom house, the feast castle, blacksmith's hut, carpenter's hut, the entertainment area and many more. The land for the wedding village has already been identified and preliminary works on the purchase have been launched. The venue will consist of cottages (1050 sq.m), the castle including indoor venue (3000 sq.m), and an open air feast venue (5000 sq.m). The village will be able to host 70-130 weddings per year.

Required investments

$2,720,900

1 058 430 100֏

Profitability

11%

Tonir Wedding Village LLC

High-Tech

Trudent - Dental Clinic Management System

Yerevan

According to Transparency Market Research’s latest report on the global dental practice management software market for the historical period 2019-2022 and forecast period 2023-2029, value-added features in dental practice management software, software integration, and an increase in dental visits are projected to drive the global dental practice management software market during the forecast period. Hence, the business case for the development of Trudent. Trudent is a dental clinic management system, which helps to fully automate all aspects of documentation management. It allows to carry out patient registration and has employee, calendar, and warehouse sections. Trudent’s main advantage over its competitors is the fact that it runs entirely on the cloud. While competitors require dedicated PCs, maintenance, antivirus installation etc., the Trudent is acting fully on the cloud, allowing its clients to access services from every point on the globe without any software installation. In addition, Trudent has a responsive design. So, no matter what device you own, mobile, tablet, or desktop, you will find its UI attractive and useful. Trudent offers a straightforward subscription mechanism based on the client’s needs, its team size and offers flexible plans for each target group. Other than its main services, Trudent also offers a combination of useful modules, such as employees management, warehouse management, thorough cash flow reports/analysis, and flexible configuration over its features. At the moment, NPV of Trudent has been developed and tested. The company is looking for an investor to advance to phase 2 where they plan to include AI and machine learning to enhance Data Analysis and offer even more productive tools with its services.

Required investments

$410,000

159 490 000֏

Profitability

6%

Truedent LLC

Other

REVIVAL Film Project

Yerevan

Revival is the fourth full-length film by famous Armenian film director Jivan Avetisyan, which will be shot in Artsakh, Israel, Iceland and France. The completion of the film is scheduled for 2024. Synopsis of the movie: One woman’s secret forces three destinies to intertwine when a young robotics student living in France is determined to root out the truth of his father’s wartime death in Armenia, his girlfriend, a young Frenchwoman sets out to reunite with her estranged volcanologist father in Iceland to trace her indigenous Canadian roots. His esteemed French professor, a descendent of a Holocaust survivor, reclaims his abandoned Jewish roots in Israel in search of the meaning of life. Along the way, the hardships they face force them to make sacrifices that bring them closer to their true identities. Scriptwriters: Narine Voskanyan (Armenia), Monique Peterson (USA); Producers: Masis Baghdasaryan (Armenia), Jivan Avetisyan (Armenia), Kestutis Drazdauskas (Lithuania), Adrineh Mirzayan (USA); Creative Consultant: Viken Attarian (Canada); Script Consultants: Zaven Boyajyan (Armenia), Jan Wagner (Germany). More details, including an investment pitch deck, can be provided upon request.

Required investments

$100,000

38 900 000֏

Profitability

35%

LifeTree Pictures LLC

Entertainment

Riverside Entertainment Business Sale

Yerevan

Riverside Entertainment Center has been established in 2020 and comprises of drive-in cinema, cocktail bar, and open-air events venue. It's situated on the bank of the Hrazdan River next to the Meridian Free Economic Zone area in Yerevan. The territory is equipped with a large-sized movie screen, digital systems for screenings, separated areas for cars that are used to watch the movies, a security system, lighting, sound support, etc. The Drive-in cinema also possesses the booking webpage, as well as preliminary license contracts to screen newly premiered movies. The owners are set to fully sell the operational business and pass 100% ownership to the interested investors. The territory can be transformed into a larger entertainment zone with cafes, DJ jam sessions, etc.

Required investments

$125,000

48 625 000֏

Profitability

24%

Riverside LLC

Tourism

Scream of Soul Rope Jumping

Vayots Dzor

Rope jumping is an extreme type of sport when one jumps holding the rope into a 100-meter-deep gorge. As of now, there is no such official stationary attraction in Armenia. In the light of the rising demand for rope jumping, Scream of soul plans to switch from occasional rope jumping in different areas to the installation of a stationary flight and service point in the village of Agarakadzor (Vayots Dzor province) at the Grav Gorge. The free fall here will be 70 meters, 5 seconds, followed by a long swing. After the flight, the customer will be lifted with a special flight mechanism (swan). The stationary flight and service point will be built in accordance with European standards. After having a stationary flight and service point it will be possible to serve weekly 40-60 customers instead of 15-20 customers, as well as possible to offer couple flights and flights through an established system thus increasing the number of customers who otherwise would be frightened to try rope jumping. The stationary point will also be able to offer a rest area, waiting room, water, and hot food for the customers.

Required investments

$55,000

21 395 000֏

Profitability

14%

Scream of Soul LLC