ACBA Federation/Impact Hub Yerevan Scholarship Program was designed to support beginners, social enterprises and individuals aimed at solving agricultural problems through advanced approaches or innovative ideas. The goal of the association is to support social entrepreneurs/beginners working in Armenia, offering the unique eco-system of Impact Hub which includes business infrastructures, support to entrepreneurship, collaborative community, educational programs and events.
In November 2017 ACBA Federation began financing the following Start-up programs which offer innovative solutions in the sphere of agriculture:
- Fitolight Startup which now has all the prerequisites to start a business. The project was founded by three individuals who offer to grow plants by fitolamps supported by LED technologies.
- The aim of Aragil Startup is proper organization and development of agriculture in Armenia with the help of drones. Aerial photographs are taken in visible and thermal environments. They can broadcast the image in real time which is faster and much more effective than controlling the works in the fields on foot and from horizontal position.
- The purpose of Ucar Startup is to carry out the shipping of agricultural goods from producer to consumer through a website or a mobile application.