Current News

The winners of IMG and STEP grants

08.05.2017

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.      

10 Armenian startups participate in Spain’s Startup Olé conference

02.05.2017

Armenian startups took part in Startup Olé conference in the Spanish city of Salamanca on April 26-27 thanks to the cooperation between the Small and Medium Entrepreneurship Development National Center and Enterprise Incubator Foundation. 

ARTSAKH INFORMATION TECHNOLOGIES CENTER

Artsakh Information Technologies Center (AITC) was established by the Government of Artsakh Republic with the support of the Enterprise Incubator Foundation in 2015.


The aims of the Center is to promote the rapid development of knowledge-based economy in Artsakh and to establish a high-tech center, which will become a catalyst for achieving well-being both in the country and the region. Combination of technologies, education and entrepreneurship is the key to achieving prosperity in the region.


Strategic goals:

  • Preparation of competitive workforce 
  • Creation of business environment
  • Development of effective mechanisms for attracting foreign direct investments
  • Creation of a favorable business environment, to attract the transnational organizations to Artsakh


The main functions of the Artsakh Information Technologies Center will be:

  1. Reveal of innovative ideas, which have global and commercial potential for Artsakh
  2. Transformation of US, European and other international technologies to Artsakh for the establishment of the new joint companies
  3. Training of entrepreneurs for starting international level business in  technological areas
  4. Establishment of centers for commercialization of technologies for the main sectors such as engineering, manufacturing, etc
  5. Linkages with international capital and knowledge networks
  6. Arrangements with international companies and members of the Artsakh Information Technologies Center to be involved in business. The arrangements may become exchange agreements for international business and technologies in the future
  7. Transfer knowledge about methodology of commercialization of technologies  and  entrepreneurship skills to local entrepreneurs and partners to ensure stability in the region after completion of the project

These goals will increase investment opportunities to Artsakh, contribute to the development of technology business in Artsakh, competitiveness in regional and global markets. Technological Center will also cooperate with the Universities of Artsakh. 



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