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.

Microsoft Innovation Center Celebrates Anniversary


Microsoft Innovation Center Armenia is one year old! A product of the joint efforts of Enterprise Incubator Foundation, USAID and Microsoft RA, MIC Armenia officially opened on May 11, 2011 to become a hub of innovation and creativity for talented technology youth in Armenia.

Though in its early infancy, MIC Armenia presents impressive statistics: more than 1200 graduates of advanced technology and  managerial trainings, 5 idea generation and development contests – both local and international, 15 teams supported from consulting to incubation and currently working to bring their products up to international market standards, 1st startup created and successfully operating, five more startups to be registered within months.

The mission of MIC Armenia, however, goes beyond statistics. It introduces a fresh and alternative approach to innovation enhancement and professional development. It synthesizes the most advanced western practices in technology youth cultivation and business grooming with local brainpower and creativity to report amazing results, which earned the International Marketing Excellence Award of Microsoft Corporation,  and  the special acknowledgement from USAID for best public-private partnership project.

Hachathone/yan/ Yerevan, Imagine Cup Armenia, Your  Phone-Your Apps, and many more events, projects and contests have made MIC Armenia a name known to all technology youth in Armenia, and a home for those with ideas and enthusiasm.

Our congratulations to MIC Armenia for its first birthday and wonderful achievements.

For details on MIC Armenia projects please visit

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