Bridging Academia,
Industry and Government
by Creating Long-Term
Development Programs
Bridging Academia, Industry and Government by Creating Long-Term Development Programs
The Armenian Innovation Foundation serves as an institutional mechanism for advancing science and technology in line with Armenia’s national development priorities.

Operating under the Science and Technology Development Council chaired by the Prime Minister, the Foundation connects government, academia, and industry to build strategic partnerships and shape long-term programs across five priority areas.

[Board of Trustees]

Hakob Arshakyan
Chairman of the Board

Union of Advance Technology Enterprises

Represented by Edita Ghazaryan

Union of Employers of Information and Communication Technologies

Represented by Eduard Musaelyan

Engineering Association

Represented by Vardan Aleksanyan

Union of Manufacturers and Businessman of Armenia

Represented by Arsen Ghazaryan

Davit Galoyan

Founder, CEO || DAVARO

Rev Lebaridian

Vice President || NVIDIA

Elie Akilian

Founder || KingsIsle, WIMO, Inet technologies

Armen Baldryan

Founder || Inttegral, UNICOMP

Vahan Petrosyan

Co-Founder, CEO || SuperAnnotate

Sam Simonian

President || AGBU

Founder || TUMO

Yervant Zorian

President || SYNOPSYS ARM.

Garo Armen

Founder || COAF, Founder || AGENUS Inc.

Gegham Vardanyan

CEO || ATG

Hovig Safoian

Founder || SADA systems

[Foundation Flow]

: Idea generation and collection

: Screening and validation

: Project Packaging

: Board and gov. approval

: Continuous monitoring

& expert support

[Beneficiaries]

: Broader innovation ecosystem participants

: Government of Armenia

: Private sector and investors

: Scientific and academic institutions

Financial Audit Report — 2025
CONTACTS:

: 61, 4/3 Arami Street,Yerevan, RA
: info@aif.foundation
: www.aif.foundation
: LinkedIn