ISTC Foundation is one of the leading innovation centers in Armenia, founded by joint initiative of IBM, USAID, Armenian Government and Enterprise Incubator Foundation since 2015. Legally entity was registered in 2018.
Their mission is to empower talented people to realize their potential and become a valuable member of Armenian tech community. They are leveraging resources provided by IBM, USAID, EIF and other partners to create a unique platform where students, professors, researchers and startup enthusiasts can come together for building innovative solutions to the global challenges. They aim to position Armenia as one of the leading tech hubs of the world and ISTC project is devoted to having its contribution to this big cause. Their main goals:
– Develop and strengthen the educational capabilities of Armenian higher educational institutions through joint master programs, training programs and ToTs.
– Enhance local research potential, by leveraging microfinancing mechanisms and network of US research institutions.
– Supporting technical and managerial workforce to form viable startups by providing incubation/acceleration programs, infrastructure, access to financing and promotion in global markets.