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Who We Are

EIF is Armenia’s leading innovation and research agency, dedicated to fostering business-led innovation in high-tech sectors and promoting regional advancement.

Who We Are

Established in 2002, Enterprise Incubator Foundation (EIF)is one of the largest business development and incubation agencies in Armenia. EIF is called upon to create a productive environment for innovation, startup creation, higher productivity and competitiveness of ICT and high-tech companies, also stimulate FDI attraction and global partnerships.

The activities and projects of EIF cover every aspect of industry development–from nationwide ICT related policy development and creation of national representations in global markets to tailored services for startups, skill development and research projects.

We act as a cross-point for all entities in the sector-multinationals and small startups, public institutions and international organizations-and bring them all together to act jointly towards the ultimate goal of IT and Engineering excellence.

EIF has more than 20 years extensive experience in developing industry-related studies, implementing startup acceleration initiatives and R&D projects, nationwide trainings, designing public-private-partnership (PPP) projects, and establishing new institutions such as venture funds, techno parks and innovation/excellence centers.




Our Mission

Our Mission

EIF’s mission is to advance scientific, technological, and innovation potential locally and globally by transforming scientific achievements into applied and industry-oriented solutions, fostering science-based entrepreneurship and the AI ecosystem, developing competitive human capital, and expanding technological opportunities across regions.


How We Deliver Our Mission



  • Promote the transformation of scientific achievements into innovative and industry-oriented solutions at the national and international levels
  • Foster the development of science-based entrepreneurship in Armenia
  • Act as a coordinating and development-driving body for Armenia’s artificial intelligence ecosystem
  • Develop human capital and support the preparation of competitive professionals for the technology sector
  • Contribute to the development of technological potential across regions and promote balanced regional development

Our Values

Our values shape how we work, how we collaborate, and how we create lasting impact for Armenia’s innovation ecosystem.

Our Values

HOW WE CREATE IMPACT

  • Community-Centered Impact

We put people and communities at the heart of what we do


  • Innovative Collaboration

We connect ideas, expertise, and partners to create meaningful solutions



  • Future-Oriented Growth

We build knowledge, capabilities, and opportunities for a stronger future.