As the general partner of the Sevan Agritech Summit, ACBA Federation showcased its strategic vision for the development of innovative agriculture, digitalization, and comprehensive support systems in Armenia. A central theme of the presentation was the initiative to transform the agricultural sector into a modern and attractive career path for the next generation.
On the road from initial concept to a viable business, ACBA Federation has served as a vital partner and consultant to more than 80 startups. Over the past two years, the Federation has also facilitated specialized training sessions for approximately 600 farm businesses across the country.
"Our efforts to advance innovative agriculture in Armenia follow several key pillars," stated Harutyun Poghosyan, General Director of ACBA Federation. "Education is our primary focus, particularly for young farmers. Additionally, we prioritize working with the startup ecosystem and disseminating high-impact innovations that are accessible without requiring massive capital. A core component of this mission is elevating financial literacy through our specialized training programs."
Through these activities, ACBA Federation continues to foster a balanced development model, building a business environment where rural residents can build a prosperous future within their own communities.
The ACBA Federation is the major shareholder of ACBA Bank, holding over 75% of its shares. Through this strategic position, the Federation actively contributes to the development of agriculture, the growth of small and medium-sized enterprises in rural areas, the development of communities, the revitalization of local economies, and the improvement of livelihoods for individuals engaged in entrepreneurial activities across Armenia’s rural communities.
