KEY SERVICES
Innovation Factory (creation of spin-off companies): ROIC will hire scientists, researchers,
and field experts to explore original scientific hypotheses, conceive and refine
unconventional approaches to research problems, discover market niches where a
technological breakthrough can take place, and develop revolutionary solutions. A
prototype - a breakthrough concept - will be developed in the Experimentation Area and,
going through other areas of ROIC, a new company will be created.
Testing and experimentation: The ROIC team (scientists, field experts) will perform tests
and experiments using the Experimentation Area’s facilities on behalf of the customer.
Companies from other areas (Incubation, Acceleration) can also use the Experimentation
Area to further improve their products/prototypes.
Providing the facilities to partner universities and their students: ROIC will host students
from abroad, providing them with the opportunity to spend a summer or a semester and
gain practical knowledge and experience in the ROIC environment. Students from
Armenian universities and research institutes can also join their peers from foreign
universities and exchange knowledge, create joint teams, collaborate and work on prized
competitions and research grants.
ROIC collaboration platform: Bringing academia, industry, and students together. This is
designed as a collaboration platform where companies in need of research, development
of a new product or testing some new ideas, assign the work to ROIC, who will invite
students from partner universities to form teams, work on the task and pitch the results to
the company by the end of program. For students, it is a unique opportunity to take part in
creating a more meaningful future as they solve compelling real-life cases.
KEY STAKEHOLDERS
Government Universities Research Centers
Scientists Students Private industry
STATS
6000
sqm
16
labs
200
employees
cost in
USD
16 mln
revenue
in USD
65 mln