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Impact Acceleration Program

EIF Launches Impact Acceleration Program in Partnership with C-Quadrat Ampega Social Fund and RECONOMY

 

Enterprise Incubator Foundation (EIF) announces the launch of its Impact Acceleration Program designed to identify, accelerate, and invest in early-stage tech startups creating measurable social and environmental impact.  The program is implemented in partnership with C-Quadrat Ampega Asset Management Armenia (CQAA) Social Fund, with the support of the RECONOMY program funded by the Swedish International Development Cooperation Agency (Sida) and implemented by Helvetas Swiss Intercooperation, in partnership with C-Quadrat Ampega Asset Management Armenia (CQAA) Social Fund.

Internship Opportunity in Neurotechnology and Data Science

Call for Interns։ Internship Opportunity in Neurotechnology and Data Science

 

We are pleased to announce an internship opportunity for motivated students and young specialists to join our newly established Neurotechnology Laboratory.

This two-month internship is designed to provide hands-on exposure to contemporary neurotechnology methods, tools, and research practices, offering a unique opportunity to work at the intersection of neuroscience, engineering, and data science.

Thе internship program is implemented by the Science Incubator of the Enterprise Incubator Foundation (EIF) at the newly established Neurotechnology Laboratory within the High-Tech Accelerator in Engineering City.
UPDATE: E-Society and Innovation for Competitiveness Project

06.11.2012

Partner(s) for Seed and Early Stage Venture Fund

The Republic of Armenia has received financing from the World Bank for the E-Society and Innovation for Competitiveness Project (the Project), and intends to apply part of the proceeds for the establishment of Seed and Early Stage Venture Fund (the Fund). 


This activity will pilot Seed and Early Stage Venture Fund that would comprise public contribution of up to 3 million USD financed under the Project, and up to one half of the total fund equity. 


This pilot Fund would provide a demonstration effect of commercial viability of early stage funds for technology and high-growth potential knowledge-based start-ups helping to attract venture capital funds. 


The Fund will be established as an independent legal entity with a purpose of making equity investments in early stage technology and knowledge-based companies, and would be privately managed according to the Armenian legislation. 


The Fund is expected to produce commercial returns in 8-10 years after creation, in line with international experience. The Project could provide an up to 50% contribution towards management fee of the Fund, while the exact management structure and incentive scheme is to be further defined in the Fund Operational Manual, which is to be developed jointly with the selected partner(s). 


The Republic of Armenia now invites investors to express their interest in partnering with the Government for the establishment of the Fund. Interested investors should provide information demonstrating relevant experience, as well as proposed Fund management structure and CVs of potential Fund managers. 


Further information can be obtained at the address below. 


Expressions of interest must be delivered in a written form to the address below by November 26, 2012. 


Mr. Edgar Avetyan

Executive Director

"Foreign Financing Projects Management Center"(FFPMC)

Ministry of Finance

Government House 1, Republic Square

Yerevan, Republic of Armenia

Telephone: (374-10) 595 344

Fax: (374-10) 545 708

E-mail: [email protected]

Web page: www.ffpmc.com




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