YEREVAN. – Armenia has several successful examples of business development that can attract venture investors, businessman, founder of Initiatives for Development of Armenia Ruben Vardanyan told Armenian News-NEWS.am.

“The venture funds may appear, but creation of such funds is not an easy task. This kind of funds require special conditions, which are not always easy to achieve. They can be attracted by the examples of success stories, the first two or three successful examples. This is the best example for venture capital. And I think that in Armenia there are a few success stories that can enter the market. Then, perhaps, it will be easier,” Vardanyan said.