Current News

Acceleration Program: Empowering Females through Capacity Building



IFC, a member of the World Bank Group in partnership with the UK Government’s Good Governance Fund is implementing the Armenia Economic Growth and Economic Empowerment of Women project. This project aims to improve the economic impact of female entrepreneurs through capacity building and helping to access global business networks.


Within the Empowering Females through Capacity Building to promote technology in non-technology sectors program we launch the Acceleration program in Yerevan, Gyumri, Vanadzor

Faculty Research Funding Program 2020



Research teams from universities and research institutes of the Republic of Armenia are invited to submit proposals for the Faculty Research Funding Program implemented by Enterprise Incubator Foundation (EIF) with support of PMI Science. The main goal of the Program is to provide funding and systemic support to various research teams by building institutional relationships with research institutions and universities. Since 2018, 29 research teams from 15 research institutions and universities have already been able to benefit from the program and demonstrate immense progress in the research.

Armenia is the Runner Up at m2Work World Challenge


Armenia is the Runner Up at m2Work World Challenge 

 The International Jury of m2Work World Challenge has announced its  winners among around one thousand idea applications received from all  parts of the world. Alexander Shakaryan of Armenia with his  “MicroForester” distributed reforestation project is the runner-up of the  challenge, closely behind India’s Aadhar Bhalinge who became the  winner of the $20,000 grand prize.


Enterprise Incubator Foundation offers sincere congratulations to Alexander Shakaryan for this truly significant success in one of the largest and most competitive technology competitions in the world. EIF, as coordinator of Regional Mobile Application Laboratory for ECA, provided coaching and mentorship to Alexander Shakaryan in the design of his “MicroForester” project and looks forward to further development of the project into a functional and socially significant mobile application. 

m2Work is a worldwide challenge and a joint project of the World Bank, infoDev and Nokia’s Ideas Project aimed at enhancing development of mobile microwork to tackle job creation and offer solutions for social, educational and environmental issues in developing countries. 

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