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What is EIF

Enterprise Incubator Foundation (EIF) is one of the largest technology business incubators and consulting companies in the region, operating in Yerevan, Armenia. Established in 2002 within the framework of the World Bank’s “Enterprise Incubator” project, we are called to support the development of information and communication technology sector in Armenia through creating a productive environment for innovation, technological advancement and company growth.

Our activities cover every aspect of sector development – from liaison with the government and ICT-related legal, business and educational reforms to individualized services for startup companies. We provide business support and advisory services to local and multinational technology firms, Armenian Government, international financial institutions and investment companies. We act as a cross-point for all entities in the sector, public and private institutions, international organizations and government agencies, major multinationals and small startups, and bring them together to act jointly towards the ultimate goal of ICT excellence. 

Our objectives are:

• Developing effective information and communication technology infrastructure to enhance technological advance and transition to knowledge economy.
• Enhancing nationwide access to computers and development of e-society. 
• Creating new channels for attracting foreign direct investment to Armenia. 
• Building linkages with business and research communities in key technology markets
• Promoting Armenian enterprises and increasing their competitiveness in the global markets. 
• Improving access of local firms to knowledge and information on best international practices and experience.
• Developing managerial and professional workforce and fostering productivity improvement in Armenian companies.
• Fostering formation of start-ups and their further development. 

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