16:52 | 24.12.15 | News | 4028

Armenia has 20% increase in IT this year

According to Enterprise Incubator Foundation (EIF ), Armenia had 20% increase in IT in 2015.

Particularly, 60 IT companies have been established over the current year.

Summing up the year, EIF CEO Bagrat Yengibaryan told Itel.am that the Fund financially supported 32 startups with the help of World Bank and the Armenian government within
Matching Grant Competition.