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…
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/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…
IMG/RMG grantee Wirestock helps content creators sell photos 100x faster
Armenia-based Wirestock, which has received Innovation and Regional Matching Grant (IMG/RMG), allows content creators to license their images and videos on the largest content marketplaces and platforms. IMG/RMG competition is helping technological companies and teams to access international markets to promote and develop technological solutions…
IMG/RMG grantee PinoKIT: A rising Armenian Edtech startup
Armenia-based PinoKIT, which has received the 2020 Innovation and Regional Matching Grant (IMG/RMG), presents the world’s 1st complete subject-based training kit, powered by Raspberry Pi popular educational platform. IMG/RMG competition is helping technological companies and teams to access international markets to promote and develop the…
Apply to IMG grant and get a chance to develop an innovative solution: success story by Grovf co-founder
Grovf, one of our previous startup grantees, is a unique dedicated database server specifically designed for storing and optimizing the IIoT sensors generated data. The prototype has already shown its advantage by accelerating transactions 10 times compared with similar solutions. Grovf team is composed of…
Apply to IMG grant and get a chance to develop an innovative solution: success story by Renderforest CEO
Renderforest, one of our previous startup grantees, is among the largest automated video creation platforms in the world. The company is ranked as one of the top 100 software companies in the world by G2 crowd for 2019. The platform has around 15 thousand daily…
Apply to IMG grant and get a chance to develop an innovative solution: success story by Forest Guard CEO
Forest Guard, one of our previous startup grantees, is a smart IoT monitoring system for forest to detect illegal logging and fire. It uses LoRa technology and has developed a unique FFT algorithm, which lets the sensor system save electricity 12 times and send the…
Matching Grants competition paves the ground for Armenian startups’ success
This autumn dozens of Armenian startups will compete in order to receive financial support in the framework of Matching Grants competition. The project is implemented by Enterprise Incubator Foundation with the support of the Government of RA, Ministry of Hitech Industry RA and World Bank,…