GLOBALLY - GLOBAL ENTREPRENEURSHIP FOUNDATION

Financial Trends

Organization Details

GLOBALLY - GLOBAL ENTREPRENEURSHIP FOUNDATION, founded in 2018, is a small nonprofit in the Science & Technology sector that reported $326K in total revenue in fiscal year 2022. Revenue surged 154% from the prior year, signaling strong growth momentum.

Mission

OUR MISSION IS TO CREATE A SUSTAINABLE ECOSYSTEM THAT SUPPORTS ARMENIAN EDUCATORS, SCIENTISTS AND ENTREPRENEURS BY OFFERING THEM SPACE, TRAINING, SEMINARS, NETWORKING OPPORTUNITIES, AND OTHER EDUCATIONAL AND SCIENTIFIC ACTIVITIES ACROSS THE GLOBE. VISION: EDUCATIONAL, TECHNOLOGY AND ENTREPRENEURIAL EXCELLENCE FOR ARMENIANS AROUND THE WORLD.GOALS:A. IN 2023, WE PLAN TO CONTINUE OUR ANNUAL ENTREPRENEURS IMMERSION PROGRAM (EIP), WHICH IS A 10-12 DAY INTENSIVE TRAINING PROGRAM DESIGNED FOR ARMENIAN TECH FOUNDERS WHO WILL VISIT SOUTHERN AND NORTHERN CALIFORNIA (LA AND THE BAY AREA). THE PROGRAM AIMS TO PROVIDE PARTICIPANTS WITH AN OPPORTUNITY TO ENHANCE THEIR PITCHING SKILLS AND NETWORK WITH TECH GIANTS SUCH AS NETFLIX, GOOGLE, AIRBNB, SNAP AND OTHERS DURING THEIR STAY IN THE BAY AREA AND LA. B. WE ARE COMMITTED TO PROVIDING ONGOING SUPPORT FOR YEREVANN, A SCIENTIFIC AND EDUCATIONAL NONPROFIT FOUNDATION BASED IN ARMENIA THAT CONDUCTS MACHINE LEARNING RESEARCH FOR ACADEMIC AND SCIENTIFIC PURPOSES. THE RESEARCH OUTCOMES WILL BE PUBLISHED IN INTERNATIONAL SCIENTIFIC JOURNALS AND WILL BENEFIT ALL APPLICABLE BUSINESS FIELDS.C. OUR COMMITMENT EXTENDS TO CONTINUING SUPPORT FOR THE BRIGHT MINDS PROGRAM, WHICH AIMS TO ENHANCE SKILLS LEVELS AND FOSTER COMPETITIVE PARTICIPATION IN STEM SCHOOL OLYMPICS. D. WE WILL CONTINUE TO COLLABORATE WITH GIT EDUCATIONAL NONPROFIT ORGANIZATION, WHICH SUPPORTS EDUCATION ENDEAVORS IN REGIONS OF ARMENIA, TO SUPPORT KIDS FROM FINANCIALLY CHALLENGED FAMILIES AND PROVIDE EQUAL OPPORTUNITIES TO GET QUALITY EDUCATION. WE ARE ALSO PLANNING TO ADD A FEW REGIONAL NONPROFIT CHARITY ORGANIZATIONS SUCH AS: QARAKUSI, THE ORGANIZATION WHICH CREATES INTERACTIVE STUDY BOOKS AND EDUCATIONAL MATERIALS. E. WE WILL CONTINUE TO SUPPORT THE BAZOOMQ SCIENTIFIC NONPROFIT FOUNDATION, WHO ARE WORKING ON CUBESAT EDUCATIONAL SATELLITE RESEARCH. TEAM IS ALREADY DEVELOPED TEST PROCEDURES AND STARTED TESTING THE NON-FLYING COMPONENTS IN A FLATSAT CONFIGURATION. THE ORGANIZATION IS PARTNERING WITH THE INTERNATIONAL TELECOMMUNICATION UNION FOR FREQUENCY AND ORBIT ALLOCATION. TEAM IS ALSO WORKING ON THE DESIGN OF THE FLYING UNIT OF CUBESAT IN ISO6 GRADE CLEANROOM.ACHIEVEMENTS: EIP-2022 HAS BEEN A RESOUNDING SUCCESS IN FACILITATING THE GROWTH AND EXPANSION OF ARMENIAN TECH COMPANIES IN THE US MARKET. THE PROGRAM BROUGHT TOGETHER 15 TECH ENTREPRENEURS FROM ARMENIA. ARMENIAN FOUNDERS WERE ABLE TO MEET WITH OVER 40 SUCCESSFUL ENTREPRENEURS, 20+ INVESTORS, 9 ACCELERATORS AND VC FIRMS FROM SOCAL AND NORCAL, AS WELL AS TOP TECH COMPANIES SUCH AS SNAP, SERVICE TITAN, ACTIVELOOP, AND EDUCATIONAL ORGS SUCH AS SJSU, BERKELEY SKYDECK, AND STANFORD UNIVERSITY. AS A RESULT OF THE 10-DAY IMMERSION PROGRAM, 5 COMPANIES HAVE ESTABLISHED PARTNERSHIPS WITH US-BASED CUSTOMERS, AND ANOTHER 4 ARE ACTIVELY NEGOTIATING TO EXPAND THEIR BUSINESSES IN THE US MARKET. THIS IS A SIGNIFICANT ACHIEVEMENT THAT HIGHLIGHTS THE IMPACT OF INITIATIVES SUCH AS EIP-2022 IN PROMOTING THE GROWTH AND DEVELOPMENT OF THE TECH INDUSTRY.BRIGHT MINDS- THE CURRICULUM AND SUPPORTING MATERIALS DESIGNED BY THE BRIGHT MINDS TEAM WAS LICENSED BY THE MINISTRY OF EDUCATION OF RA TO BE USED FOR THE INFORMATICS AND MATH STUDENTS OF THE 7TH AND 8TH GRADE. PILOT LESSONS WERE GIVEN IN 7 DIFFERENT SCHOOLS IN ARMENIA FOR THE INITIAL FEEDBACK AND SOCIAL ACCEPTANCE. PARTNERING WITH QUANTUM COLLEGE ALUMNI FOUNDATION THE BRIGHT MINDS RESULTED IN HAVING ADDITIONAL 10 TALENTS DISCOVERED, WHO WILL NOW HAVE THE ACCESS TO ALL TRAINING AND PREPARATION MATERIALS TO FURTHER DEVELOP THEIR TALENTS. BAZOOMQ - LAST YEAR WITH THE SUPPORT OF GLOBALLY, BAZOOMQ FINISHED THE CLEANROOM CONSTRUCTION FOR UPCOMING WORK WITH THE FLATSAT, AND AUXILIARY SPACES. BAZOOMQ FOUNDATION ALSO ESTABLISHED A PARTNERSHIP WITH UNIVERSITY OF VERSAILLES, IN ORDER TO MAXIMIZE THE RESULTS OF RESEARCH AND MUTUAL USAGE OF RESEARCH RESULTS. ONE OF THE BAZOOMQ SCIENTISTS PRESENTED THE RESULTS OF THE RESEARCH DURING THE INTERNATIONAL ASTRONAUTICAL CONGRESS IN PARIS AND RECEIVED VERY POSITIVE FEEDBACK FROM THE COLLEAGUES FROM ENDUROSAT, JAXA, NASA, EXO LAUNCH, NANOAVIONICS, AND ETC. GIT- GIT FOUNDATION HAS SUPPORTED VARIOUS LOCAL NONPROFITS ORGANIZATIONS IN REGIONS OF ARMENIA, SUCH AS CHILDREN OF REGIONS AKA (MEM) AND REAL SCHOOL NONPROFIT ORGANIZATIONS. A UNIFIED DATA MANAGEMENT SYSTEM WAS BUILT AND ALREADY IN PARTIAL USE. 3 NEW TRAINERS WERE TRAINED TO CONTINUE WORKING WITH KIDS AND THE NEXT GEN OF LEADERS. MEM WAS ABLE TO SECURE THE TRANSPORTATION FOR THE STUDENTS TO COMMUTE TO EDUCATIONAL CENTERS. WITH HELP OF GLOBALLY, MEM ACQUIRED SOME DEVICES TO EQUALIZE THE OPPORTUNITIES. YEREVANN - OUR SUPPORT TO MLNEXT PROJECT ALLOWS YEREVANN TEAM TO ACHIEVE RESULTS MENTIONED BELOW: - 8 NEW RESEARCHERS JOINED THE ML RESEARCH LAB - 6 NEW RESEARCH PROJECTS WERE STARTED IN PARTNERSHIP WITH RENOWNED INSTITUTIONS - ONE OF THE MLNEXT RESEARCHERS WAS INVITED FOR 6 MONTHS FULLY FUNDED INTERNSHIP AT KAUST - MLNEXT RESEARCHERS HAVE SUBMITTED 4 PUBLICATIONS IN 2022 AND ANOTHER 4 PAPERS TO BE PUBLISHED IN 2023 - A JOINT PROJECT HAVE STARTED WITH TOXOMETRIS.AI AND META AI WAS RELEASED ON ARXIV (PREPRINT OF THE BARTSMILES PROJECT)

Financial Overview (2022)

Year-over-Year Comparison

Governance

Special Practices & Reported Activities

Compensation of Officers, Directors & Key Employees

Historical Data