Regulations of Business Incubator of Yerevan State University
Modern universities are engaged not only in education and research, but also serve as platforms for self-expression and for the development and implementation of innovative projects by students and researchers.
The main goal of the Business Incubator is to support motivated entrepreneurs and startups in the implementation of their business projects.
Regulations of Business Incubator of Yerevan State University
Objectives and Functions of Business Incubator
The objectives of the Business Incubator are:
To create an environment for the commercialization of outcomes generated across all faculties of Yerevan State University,
To generate and accelerate new ideas, transforming them into scientific, educational, industrial, and technological outputs,
To support the identification and development of innovative ideas,
To promote innovation and entrepreneurship among students, faculty, and alumni,
To ensure a collaborative and resource-rich environment where innovative ideas can evolve into businesses based on advanced technologies and solutions,
To support the creation of startups and the development of a sustainable entrepreneurial ecosystem,
To encourage the development of innovative ideas and engineering solutions through interdisciplinary research,
To establish collaborative links with industrial enterprises, investors, and government institutions for technology transfer and commercialization of research results,
To integrate the outcomes developed within the Business Incubator into the educational programs of Yerevan State University,
To establish and strengthen connections with national, regional, and international business incubators, research centers, and universities.
The functions of the Business Incubator are:
To provide shared working, office, and laboratory spaces,
To organize training courses and seminars, and to engage experienced business consultants and academic supervisors for mentoring activities,
To organize public events (conferences, hackathons, competitions, Olympiads, etc.) that facilitate the transformation of research results into technological and engineering solutions,
To offer consulting on the preparation of investment proposals, provide support in securing funding, and facilitate cooperation with venture funds and other investors,
To manage intellectual property (IP) for startups,
To conduct research aimed at generating new ideas and commercializing them,
To implement educational programs at the graduate (second-cycle) level aimed at preparing specialists in technological entrepreneurship, commercialization, and related fields,
To develop specialized programs for research carried out within doctoral (PhD) studies,
To conduct marketing research in selected fields and provide legal, advisory, and administrative support to early-stage entrepreneurs,
To monitor and evaluate the activities of startups.
Services of Business Incubator
The Business Incubator of Yerevan State University offers a wide range of services for aspiring entrepreneurs, startups, and innovative projects. The unit supports newly established companies at every stage of development by providing access to expertise, resources, and infrastructure. Some of the key services include:
Idea Support. This may include consulting and mentoring: experienced specialists of the Business Incubator provide personalized support in business strategy, marketing, finance, legal matters, and other key areas.
Training Courses and Seminars. The Business Incubator organizes educational seminars and training sessions on entrepreneurship-related topics such as financial management, intellectual property rights, and market analysis, as well as courses on various approaches to business management.
Access to Infrastructure and Resources. Being part of the Business Incubator means joining an academic community of like-minded individuals and gaining access to resources such as research facilities, equipment, libraries, and databases necessary for the successful development and testing of new products and services.
Support in Securing Funding. The Business Incubator assists in attracting funding by providing the necessary knowledge and resources to connect with investors, prepare grant applications, and access funding programs. It helps clients secure investments, grants, and other funding sources by supporting the preparation of business plans, presentations, and compelling investment proposals.
Community and Collaboration. Being part of a university incubator often means belonging to a community of like-minded individuals, fostering collaboration, exchange of ideas, and mutual support among entrepreneurs.
Networking Opportunities. The Business Incubator provides access to networks of professionals, investors, potential clients, and other entrepreneurs, helping to build valuable connections that can support startup growth.
Business incubators play a vital role in fostering innovation, supporting economic development, and promoting entrepreneurship within academic communities. They serve as a bridge between academic research and real-world commercialization, helping transform promising ideas into successful businesses.
