YEREVAN, NOVEMBER 23, ARMENPRESS. Minister of Transport, Communication and Information Technologies of Armenia Vahan Martirosyan and Regional Head of “Microsoft” for CIS countries Konstantin Nazarov visited “Microsoft Innovation Center Armenia” on November 23.

As “Armenpress” was informed from the press service of the Ministry of Transport, Communication and Information Technologies of Armenia, the Minister toured in the center accompanied by Konstantin Nazarov, familiarized himself with the ongoing activities of the center.  

Located in the premises of the National Polytechnic University of Armenia, 60-70% students of the center are from the Polytechnic University, who, after graduation, are able to find a job in the IT sector or establish their own start-ups. Currently, over 250 students attend the center.

Director of “Microsoft Innovation Center Armenia” Artashes Vardanyan informed that during the last 3 years 35 start-ups were involved in Microsoft Accelerator project, while working upon their projects. “Receiving a total of 2 million USD financial aid, they managed to bring their products to a final form and attract investors”, Vardanyan said.

The Minister hailed the activities of the center and hoped that this new educational model will be a success and become large-scale, which will help to reduce unemployment and further foster the development of the IT sector in Armenia.

The center has trained over 5000 students during the 4 years of its activities.