EIF holds Demo Day for successful IMG grantees
The Enterprise Incubator Foundation’s Innovation and Regional Matching Grants (IMG) competitions have paved a way to success for many Armenian startups in recent years. With the mentorship and funding they received from the project, the startups have perfected their products and expanded their activity beyond…
MetaGait: EIF grantee QaylTech creates innovative equipment for rehabilitation therapy
The advance of Armenia’s high-tech industry continues with the release of MetaGait – a new innovative product by QaylTech, a winner of the Regional matching grant (RMG) program, implemented by Enterprise Incubator Foundation with the assistance of the RA Government and the World Bank. The…
VTC welcomes a new resident – Synergy Armenia’s Vanadzor branch
Vanadzor Technology Center has recently welcomed a new resident – the branch of Synergy Armenia. VTC is among major contributors to technological development in the regions of Armenia, hosting companies and facilitating hiring and cooperation. The new Synergy branch joins an established technological ecosystem, adding…
EIF and Philip Morris conclude “Best tech solutions in non-tech industries” idea competition
Enterprise Incubator Foundation (EIF) and Philip Morris Armenia (PMA) in partnership with the Ministry of High-Tech Industry of the Republic of Armenia have concluded “The best tech solutions in non-tech industries” idea competition. It was created to support Armenian companies that aim to revolutionize traditional…
“Fundamentals of Deep Learning” workshop unites 12 participants in the framework of collaboration with NVIDIA Deep Learning Institute
The next hands-on workshop on “Fundamentals of Deep Learning” was implemented on February 12-13 powered by the Yerevan State University’s “Data Science for Business” master’s degree program in the frame of the collaboration with NVIDIA Deep Learning Institute (DLI). These series of workshops are regularly…
EIF contest winner Charents Smart Irrigation Systems envisages greener cities in Armenia
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 technological solutions, which can be integrated into non-tech industries of the economy…
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…