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AUA Receives $566,500 from ASHA

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  • AUA Receives $566,500 from ASHA

    PRESS RELEASE
    AMERICAN UNIVERSITY OF ARMENIA
    Diana Manukyan, AUA PR Coordinator
    40 Baghramyan Ave.
    Yerevan 0019, Republic of Armenia
    Email: [email protected]
    Web: http://www.aua.am/
    Facebook http://www.facebook.com/#%21/pages/American-University-of-Armenia/159219260801636

    November 11, 2014


    AUA Receives $566,500 from ASHA to Establish an Innovation & Technology
    Incubation Center


    YEREVAN, Armenia - The American University of Armenia (AUA) is pleased to
    announce the receipt of a $566,500 grant from the American Schools and
    Hospitals Abroad (ASHA) program of the U.S. Agency for International
    Development (USAID) to create, furnish, and equip an Innovation &
    Technology Incubation Center, which aims to empower students to create,
    collaborate, and venture beyond the demands of their degree program
    requirements.

    The Innovation & Technology Incubation Center will coalesce existing
    activity in entrepreneurship and innovation at AUA in a synergistic locale
    where student team work, creativity, and innovative technologies come
    together to foster new ventures and partnerships. It uses the
    American-style entrepreneurial spirit of openness and sharing of
    information to create potential for new enterprises that will contribute to
    both the local and global economy and employ the young business leaders of
    the future.

    The facilities will include rooms dedicated for technology incubation,
    computers, and other infrastructural equipment to support business
    development activities. There will also be showrooms and shared-space
    meeting rooms to encourage interaction, multidisciplinary collaboration,
    and the exchange of ideas with internal as well as external stakeholders.
    The goal is to foster closer linkages between academia and industry.

    The 4-year project is estimated to be completed by September 30, 2018. AUA
    President Dr. Armen Der Kiureghian says, "We are grateful to the U.S.
    Government and its ASHA program for continued support of our university.
    This grant will enable us to create a space, where students, faculty and
    researchers from different programs will come together to innovate and
    implement ideas, some of which hopefully will spin-off as start-ups in
    technology, green engineering and business."

    AUA has been receiving support from ASHA for many years, with past projects
    including the renovation and expansion of the university library and
    cafeteria, as well as active projects such as the creation of integrated
    technology classrooms, the replacement of university elevators, and the
    creation of a Student Services/Student Excellence Center.

    ASHA provides assistance to schools, libraries, and medical centers outside
    the United States that serve as study and demonstration centers for
    American ideas and practices. ASHA's grants help these institutions train
    future leaders in a wide variety of disciplines, support local and regional
    infrastructure to foster development, and cultivate positive relationships
    and mutual understanding among citizens of the United States and other
    nations.


    Founded in 1991, the American University of Armenia (AUA) is a private,
    independent university located in Yerevan, Armenia and affiliated with the
    University of California. AUA provides a global education in Armenia and
    the region, offering high-quality, graduate and undergraduate studies,
    encouraging civic engagement, and promoting public service and democratic
    values.


    From: Baghdasarian
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