  IT venture fund to operate in Armenia by yearend April 11, 2012 - 15:13 AMT PanARMENIAN.Net - A venture fund for financing startups in IT sector will operate in Armenia by the end of 2012, director of Enterprise Incubator Foundation (EIF) said. As Bagrat Yengibaryan told a press conference on April 11, the first venture fund will be established through government assistance of USD 6 mln, with 50% assistance to be ensured by the private sector. “A complete model of the fund has already been developed, with requirements specification planned in the near future to make the project feasible by the end of the year,” Mr. Yengibaryan said.   Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."   Partner news Most popular in the section |  Latest news Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals  Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation.Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan.Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush.Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |
