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Enterprise Incubator Foundation (EIF)

Enterprise Incubator Foundation (EIF) is one of the largest technology business incubators and consulting companies in the region, operating in Yerevan, Armenia. EIF is called to support the development of information and communication technology sector in Armenia through creating a productive environment for innovation, technological advancement and company growth.

Foundation activities cover every aspect of sector development –ICT-related legal, business and educational reforms, investment channeling and creation of funding schemes for startups, individualized services and consulting for IT companies, talent identification and workforce development.

EIF’s main objectives are to improve competitiveness of the Armenian IT sector in the global marketplace, build linkages with international entities, provide assistance in investment attraction, export promotion and establishment of a venture capital institute, as well as stimulate formation of the Armenian IT industry development infrastructure, capacity building, IT industry development in the regions and formation of e-society in the country.

These goals are achieved through numerous initiatives including the Armenian-Indian Center of Excellence, the Armenian National Engineering Laboratory (ANEL), Microsoft Innovation Center, the MLab-Regional Center for Mobile Solutions, Gyumri Technology Center, IBM Innovative Solutions and Technology Center and others.