Grant project on cooperation between science and private sector started in Armenia
25.06.2008,
22:04
A grant project on promotion of cooperation between the science and the private sector started in Armenia, Director of Enterprise Incubator Foundation (EIF) Bagrat Yengibarian reported.
YEREVAN, June 25. /ARKA/. A grant project on promotion of cooperation between the science and the private sector started in Armenia, Director of Enterprise Incubator Foundation (EIF) Bagrat Yengibarian reported.
It has been the third successive year that the EIF together with the U.S. Civilian Research and Development Foundation (CRDF) is implementing a grant project on promotion of cooperation between the science field and the private sector in Armenia, he said.
This year Armenian Ministry of Economy is also to join the project implemented under the Science & Technology Entrepreneur Programs (STEP).
Armenia focuses on development of science-intensive economy, Yengibarian said stressing the importance of mechanisms and opportunities for commercialization of knowledge.
Under the project, three grants $10,000 each will be allocated with the focus to be placed on information technologies under the project. The main requirement is joints developments of the scientific and private sectors.
The Project Manager of the CRDF Natalia Pipia pointed out that the Foundation will assist in preparation and development of programs and their submission to potential investors at the conference on development of venture capital to be held in October.
For participation in the project scientists are to attract private sector able to allocate 10% of the grant amount to ensure that the private sector is interested in the development, Pipia said. The deadline for submission of application to the EIF is July 25.
Main finalists are to be determined by August 25. Finalists will have an opportunity to attend a training course in Armenia on preparation of a business plan and submission of a project in particular. –0--
It has been the third successive year that the EIF together with the U.S. Civilian Research and Development Foundation (CRDF) is implementing a grant project on promotion of cooperation between the science field and the private sector in Armenia, he said.
This year Armenian Ministry of Economy is also to join the project implemented under the Science & Technology Entrepreneur Programs (STEP).
Armenia focuses on development of science-intensive economy, Yengibarian said stressing the importance of mechanisms and opportunities for commercialization of knowledge.
Under the project, three grants $10,000 each will be allocated with the focus to be placed on information technologies under the project. The main requirement is joints developments of the scientific and private sectors.
The Project Manager of the CRDF Natalia Pipia pointed out that the Foundation will assist in preparation and development of programs and their submission to potential investors at the conference on development of venture capital to be held in October.
For participation in the project scientists are to attract private sector able to allocate 10% of the grant amount to ensure that the private sector is interested in the development, Pipia said. The deadline for submission of application to the EIF is July 25.
Main finalists are to be determined by August 25. Finalists will have an opportunity to attend a training course in Armenia on preparation of a business plan and submission of a project in particular. –0--
