Current News

The winners of Capture the flag cybersecurity contest have been announced

06.02.2017

Capture the Flag cybersecurity intellectual contest was held in Armenia for the first time with the efforts of EIF, 1guard Security and Microsoft RA. The aim of the initiative was to increase the interest towards cybersecurity in Armenia, to unite the professionals in the field.

The World Bank and Fambox company have started a business cooperation

01.02.2017

At the beginning of this year, a business cooperation between the World Bank and Fambox, a startup operating in Gyumri Technology Center, has been established. For the first time in Armenia, the project will be implemented based on Marklogic database technologies.

What is EIF

 

Enterprise Incubator Foundation (EIF) is one of the largest technology business incubators and IT development agencies 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 –ICT-related legal, business and educational reforms, investment channeling and creation of funding schemes for startups, individualized services and consulting for IT companies, talent identification and workforce development. 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.
  • Promoting Armenian enterprises and increasing their competitiveness in the global markets. 
  • Creating new channels for attracting foreign direct investment to Armenia. 
  • Building linkages with business and research communities in key technology markets.
  • Fostering formation of start-ups and their further development. 
  • Developing managerial and professional workforce and fostering productivity improvement in Armenian companies.
  • Improving access of local firms to best international practices and experience.

 

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