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Society

SIA 2025 Awards Ceremony to take place Under AraratBank sponsorship

On October 1 of this year, the Social Impact Award Armenia 2025 Awards Ceremony will be held at the Impact Hub Yerevan office (80 Tigran Mets Avenue).

AraratBank has been acting as an ideological and financial partner of the event for the third consecutive year - this year supporting not only the final awards ceremony, but also the entire incubation phase, providing critical resources for the development of teams.

Eight social ventures will showcase their innovative solutions to urgent social and environmental challenges at the Awards Ceremony of the Social Impact Award Armenia 2025 incubation program.

As a reminder, AraratBank provided a prize fund of 6,000 euros last year, which was equally distributed among the four winning teams: ReTyre Designs, ElectRoads, Astronomy for Everyone and Hydroponic greenhouse. These initiatives aimed to address important challenges faced by Armenia - ranging from environmental protection to agricultural development.

SIA is a globally recognized platform that has been supporting and encouraging young social entrepreneurs in more than 25 countries since 2009. The platform provides social entrepreneurs with necessary tools, resources, and network. In Armenia, the Social Impact Award has been implemented by Impact Hub Yerevan since 2019.