WCIT 2019 Sponsorship WCIT 2019 Sponsorship_31.08.18 | Page 12

INNOVATIVE ARMENIA 650 ICT companies operating in Armenia as of 2017 150 ICT Startups in Armenia in 2017 The ICT sector was announced as one of the 3 main focus areas by the RA Government in 2017 The share of IT in Armenia’s GDP is 4 percent which corresponds to the level of developed countries. About 800 companies are involved in this sector Highlights of Local Initiatives · TUMO Center for Creative Technologies: a free of charge digital media learning center · PicsArt: an image editing, collage and drawing application and a social network · Armath Engineering Labs: A free of charge after-school Enginnering Program 11