On December 17, a memorandum of understanding was signed between the Ministry of High-Tech Industry of the RA and “My Step” Charitable Foundation to jointly develop and implement the “Neruzh” program. The goal of the memorandum is to involve the potential of the Diaspora in the development of Armenia's economy and to promote repatriation. It is also planned to cooperate in the development of innovative and technological startup ecosystem in Armenia. The memorandum was signed by Vahagn Khachaturyan, the Minister of High-Tech Industry of the RA and Mkhitar Hayrapetyan, the Executive Director of "My Step" Charitable Foundation. "The signing of the memorandum will allow us to combine the professional potential and opportunities of Armenia and the Diaspora to use them for the development of the high-tech sector," Vahagn Khachaturyan noted. The Minister added that previously the "Armenian Virtual Bridge" program had been carried out, under which the opposite process was carried out: our specialists were given the opportunity to work and gain experience in Silicon Valley companies. "Within the framework of this program, we plan to support young specialists from the Diaspora to carry out their initiatives in Armenia. In this regard, the ideas of the Ministry and the “My Step” foundation coincide, and we plan to implement it next year," said the Minister. "Taking into account the fact that the involvement of the intellectual and economic potential of the Diaspora is a priority for us, “Neruzh” is one of the key programs of the RA Government. With this initiative, the Armenian government will enable young people and startups from the Diaspora who have business ideas and desire to realize them in Armenia, receive grants and move to Armenia to implement them," marked Mkhitar Hayrapetyan. The executive director of "My Step" charity foundation added that the initial amount of the grant will be in the range of 80-100 million drams. The goal of the “Neruzh” program is to attract talented Diaspora entrepreneurs and engineers, promote repatriation, as well as the development of a startup ecosystem in Armenia.