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STEP from Idea to Market grant competition 2017

15.09.2017

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

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.      

INNOVATIVE SOLUTIONS AND TECHNOLOGIES CENTER

The establishment of Innovative Solutions and Technologies Center (ISTC) in Armenia is aimed at providing state-of-the-art facilities and latest technological solutions by IBM, including hardware and software necessary for conducting trainings, research and business development activities in various directions. This is a joint project by the Government of Armenia, Enterprise Incubator Foundation, IBM, United States Agency for International Development (USAID) and Yerevan State University. The Government of Armenia, IBM and YSU are acting as resource partners and EIF is acting as an implementation partner. 


The main goal of the Center is to develop and strengthen the educational capabilities of Armenian higher educational institutions in IT/High-Tech, to enhance their research potential in educational context, as well as creating a favorable environment for formation of sustainable businesses.

 

The objective of a Centre of Excellence is to address the following key challenges:

  • Modernizing IT curricula at major Armenian Universities,
  • Modernizing laboratory equipment at the Yerevan State University,
  • Upgrade the faculty qualification,
  • Increase the number of qualified IT/High-Tech workforce in Armenia,
  • Transfer Armenia into a regional IT/High-Tech centre of excellence.

The will be located at the Yerevan State University. However, all the resources, including the Academic Initiative courses, access to virtual libraries, software and hardware of the Center and the assistance of the Center’s staff and the experts of IBM will be available for the faculty members and students of all Armenian Universities and the private sector.

 

The center will implement the following activities:

  • Enhancement of IT Education and R&D, which includes upgrade of curricula at major Armenian higher educational institutions through the Academic Initiative program, collaboration between local and US top technology Universities and  R&D promotion and commercialization.
  • Business Aggregator, which incorporates supporting technical and managerial workforce to form viable teams by providing mentorship and access to financing, development and provision of customized software solutions for SMEs and promotion of local technology products in global markets. 


For more information please visit www.istc.am

 


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