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STEP from Idea to Market grant competition 2017


Enterprise Incubator Foundation (EIF) and the Ministry of Transport, Communication and Information Technologies of the Republic of Armenia invite all interested startup teams, innovators, scientists and technology entrepreneurs to apply to the annual STEP “From Idea to Market” Competition. The competition is designed to ignite the spark of technology entrepreneurship and to advance innovative technology-based ideas to the market in the following areas critical to Armenia’s development such as ICT, Engineering and High Tech Innovations

The winners of IMG and STEP grants


On May 5th the winners of the application process for IMG and STEP grants schemes were announced - as a result of 2-day pitching events where the 38 shortlisted startup teams and companies participated and pitched their innovative projects.      

The winners of Capture the flag cybersecurity contest have been announced


The winners of Capture the flag cybersecurity contest have been announced

Capture the Flag cybersecurity intellectual contest was held in Armenia for the first time with the efforts of Enterprise Incubator Foundation (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, and to create a respective community.


120 individuals had submitted applications, from whom 28 teams were formed during the contest. During the contest the participants were required to break the servers, services, websites and programs provided to them and to collect points accordingly.

3 teams won the competition. The team HamBalls took first place with 11400 points. The team representing RA Ministry of Defense was second with 11200 points and vir00s was third with 9150 points. The points earned by each team can be found by following this link: .

The winning teams received prizes related to computer security and contributing to their further personal development.

The contest is planned to be continuous and to be held 2-3 times a year. The contest was supported by Monitis, Metronome and Innovative Solutions and Technologies Center (ISTC).

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