Vanadzor Technology Center

Vanadzor Technology Center (Armenian: Վանաձորի տեխնոլոգիական կենտրոն), is a technological center for IT development in Vanadzor, the third-largest city in Armenia. It was opened on 29 October 2016. Founded by the Enterprise Incubator Foundation with the support of Government of Armenia and the World Bank,[1] the project aims to promote the business and technology environment in Lori Province and the entire region of north Armenia.[2][3]

Vanadzor Technology Center
DirectorBagrat Yengibaryan
40°47′50″N 44°31′17″E / 40.79722°N 44.52139°E / 40.79722; 44.52139Coordinates: 40°47′50″N 44°31′17″E / 40.79722°N 44.52139°E / 40.79722; 44.52139
AffiliationsMinistry of Economy of Armenia,
Enterprise Incubator Foundation,
World Bank.


The mission of Vanadzor Technology Center is to promote Vanadzor's role as a regional and international center for high technology through the creation of a dynamic environment of opportunities and services. This will lead to promote new job opportunities and will support talented youth and organizations in implementing innovative business ideas. The ultimate goal of the centre is to contribute to the sustainable development of the region.[4]

The fields of the center's activity include business consultancy, mentoring, marketing and promotion, introduction to funding opportunities, and establishment of business connections for increasing the competitiveness of companies in the global marketplace.[5] The centre aims at helping enterprises in expanding activities, putting into use effective management system, attracting investments, developing, introducing and implementing technical innovations, capturing new markets, and developing workforce skills.


  1. ^ Vanadzor Technology Center
  2. ^ LLC, Helix Consulting. "President Serzh Sargsyan's working visit to Lori marz - Press releases - Updates - The President of the Republic of Armenia [the official site]".
  3. ^ "Armenia President visits Vanadzor Technology Center (PHOTOS)".
  4. ^ About Vanadzor Technology Center
  5. ^ "Vanadzor Technology Center will change quality of life in region".