YEREVAN, SEPTEMBER 13, NOYAN TAPAN. The World Bank is looking for donor organizations for starting the second credit program of the Enterprise Incubator Foundation (EIF). The head of WB Yerevan Office private sector programs Karen Grigorian said at the September 13 press conference that the work of EIF was done quite successfully so WB considers it expedient to continue it. EIF director Bagrat Yengiarian said that the first program financed in the amount of 5 million dollars by WB was completed in May of this year. Thanks to the program, the models of incubators' activities and formation of knowledge-based economy in Armenia have been developed.

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