YEREVAN, AUGUST 24, NOYAN TAPAN. The InnovationECA 2007 conference will be held in Yerevan for the first time on September 17-20. The Enterprise Incubator Foundation (EIF) and the World Bank's INFODEF organization are the event's organizers, EIF director Bagrat Yengibarian told NT correspondent. According to him, more than 100 experts from Eastern Europe and the CIS, developed European and Asian countries, the US, Australia will participate in the conference, during which such issues as innovation policies of these countries, financing of innovation activity by venture and investment structures, as well as the problem of this activity's promotion by big IT companies will be discussed. B. Yengibarian said that the last two days of InnovationECA 2007 will be dedicated to the subject of developing the cooperation of innovation incubators, especially in Eastern Europe and the CIS. "No such event has been held in Transcaucasia and the adjacent region. I think it will help raise rating of Armenia as a IT country," he noted. In his words, the success achieved by EIF was also conducive to holding this conference in Armenia. The EIF's experience was, in particular, presented at the innovation conference organized by WB in Cambridge in the spring. It was mentioned that InnovationECA conferences are held every year. The last one took place in India in 2008.

---