



Rope Land to attract adventure holiday lovers to Tatev with EIF and Philip Morris Armenia funding
Enterprise Incubator Foundation and Philip Morris Armenia in partnership with the Ministry of High-Tech Industry of RA have wrapped up “The best tech solutions in non-tech industries” idea competition, aimed at supporting innovative Armenian startups in traditional sectors of the economy, including those from the…
Innovative travel platform Tripery is among winners of EIF’s Best Tech Solutions contest
Enterprise Incubator Foundation and Philip Morris Armenia in partnership with the Ministry of High-Tech Industry of RA have wrapped up “The best tech solutions in non-tech industries” idea competition, aimed at supporting innovative Armenian startups, including those from the regions. These industries, such as agriculture…
CartBot startup is among the winners of EIF & Philip Morris Armenia tech solutions competition
Enterprise Incubator Foundation and Philip Morris Armenia in partnership with the Ministry of High-Tech Industry of RA have wrapped up “The best tech solutions in non-tech industries” idea competition, aimed at supporting innovative Armenian startups, including those from the regions. These industries, such as agriculture…
IMG grantee Wirestock raises USD $2.3M in funding round
Another IMG grantee has recently secured a huge investment. This time we report the good news from Wirestock, a new platform for visual content creators, which has raised USD $2.3M in a recent funding round with participation from Vulcan Capital, 2048 Ventures, Graph Ventures, A.Partners,…

IMG grantee Lucky Carrot wins Product Hunt’s Golden Kitty Awards
Recipients of Innovation Matching Grant (IMG) continue to make us proud. Lucky Carrot has received the Product Hunt’s Golden Kitty Awards as the best SaaS product of 2021! The company specializes in preventing employee disengagement. Initiated during a hackathon on that topic, Lucky Carrot helps…
IMG and STEP grantee Robin the Robot secures $2M funding
Armenia’s tech industry has recently received excellent news: IMG & STEP grantee Robin the Robot has raised $2 million in a seed round. Innovation Matching Grants (IMG) and Science and Technology Entrepreneurship program (STEP) are grant programs implemented by Enterprise Incubator Foundation over the years….
IMG/RMG competition in 2021: Contracts, regional development, awards
For Enterprise Incubator Foundation’s Innovation and Regional Matching Grant competition, 2021 has been a busy year. Over the course of those 12 months, 30 high-tech companies have won grants ranging from AMD 5M to AMD 25M. As new jobs became available and the beneficiary companies…
Three AITC summer school alumni quickly find employment in tech sector
Technologies are both a solution and a career in the digital age. Tech education is more accessible than other fields and allows people to become specialists much faster. This concept becomes a reality at the Armenian-Indian Center for Excellence in Information and Communication Technologies. Created…



EIF and PMI Science initiated ReTech 2021 Forum, a networking platform for Armenian scientists and researchers
On December 25-26, Enterprise Incubator Foundation hosted the Research and Technology (ReTech) Annual Forum in Tsaghkadzor, Armenia. The event was organized with the support of PMI Science to establish a cooperation and networking platform for Armenian scientists, researchers, representatives of the private sector engaged in…




Capture the Flag 2021 contest unites teams from leading tech companies
This year’s Capture the Flag cyber security competition was held on November 27-28, at the Microsoft Innovation Center. Armenia’s annual face-off of anti-hacking experts is organized by the Enterprise Incubator Foundation (EIF). Over the course of 24 hours, teams of 30 employees of Armenia’s largest…