Advisory Services
Strategic Guidance, Transformative Growth
Business Process Management
Ignite your startup journey with our Ideation Program. Designed for aspiring entrepreneurs, this program guides you from a raw idea to a validated business concept. Through expert mentorship, collaborative workshops, and market insights, you'll transform your vision into a viable startup plan ready for the next phase.
Innovation Development
Innovation Development is a dynamic business initiative dedicated to fostering groundbreaking innovations and transforming ideas into impactful solutions. By integrating cutting-edge methodologies, and real-world problem-solving, we accelerate innovation and drive sustainable progress.
Products
Innovent.Ideate
Ignite your startup journey with our Ideation Program. Designed for aspiring entrepreneurs, this program guides you from a raw idea to a validated business concept. Through expert mentorship, collaborative workshops, and market insights, you'll transform your vision into a viable startup plan ready for the next phase.
Innovent.Incubate
Accelerate your startup’s growth with our Incubation Program. This hands-on program provides you with the resources, mentorship, and network needed to develop, test, and refine your product. From securing initial funding to building a scalable business model, we'll help you turn your startup into a market-ready venture.
Innovent.Accelerate
Take your startup to the next level with our Acceleration Program. Designed for growth-stage startups, this program offers advanced mentorship, investor connections, and strategic partnerships. Focused on scaling, customer acquisition, and market expansion, you'll be prepared to achieve rapid growth and attract significant investment.
Programs
Startup Factory
Startup Factory Program (SFP) is a full-cycle startup development platform that supports founders to transform early-stage ideas into globally scalable businesses.
Through four-phase SFP ensures that promising startups receive necessary knowledge and skills, the mentorship, funding, and market access necessary to achieve unicorn status. We help startups validate ideas, develop products, scale operations, secure funding, and expand internationally.
By integrating world-class mentorship, strategic partnerships with international organizations, and investment opportunities, SFP accelerates the growth of high-potential startups, strengthens the entrepreneurial landscape, and maximizes success rates and ROI for all stakeholders.
Smart City Hub
Pioneering initiative designed to transform high-school students into future entrepreneurs and tech innovators. Through a structured, project-based learning model, students identify real-world problems in their communities and develop scalable solutions within our specialized innovation labs.
With global accelerators partnerships and a proven startup methodology, Smart City Hub provides: Cutting-edge tech & business training (Robotics, AI, IoT, UAV, Design Thinking, Entrepreneurship). MVP funding & implementation, ensuring solutions create real impact.
A scalable, replicable model that fosters entrepreneurship at the grassroots level. Vision: To create a global network of Smart City Hubs, producing a continuous pipeline of problem-solving startups.
Corporate Innovation Lab
Corporate Innovation Lab is dynamic business initiative dedicated to fostering groundbreaking innovations and transforming ideas into impactful solutions. By integrating cutting-edge methodologies, corporate collaboration, and real-world problem-solving, we accelerate innovation and drive sustainable progress.
We offer specialized services that drive innovation across products, processes, and business models. Our expert team works closely with you to identify opportunities, implement cutting-edge strategies, and achieve measurable results.
Corporate Innovation Lab is designed to help the public and private sector identify key challenges and develop innovative solutions through collaboration with startups, researchers, and technology experts.
Startup Portfolio
NUVA
Nuva app stands out with AI-driven personalized news, real-time fact-checking, and diverse perspectives to combat misinformation and echo chambers.
Vocaboost
Vocaboost excels with advanced SRS, contextual learning, and gamification, uniquely focused on vocabulary mastery and retention.
Talent Nexus
Talent Nexus offers an AI-powered matching engine that goes beyond keyword searches, providing personalized job recommendations.
UnitWise
UnitWise is a comprehensive, all-in-one condominium management solution designed to streamline and enhance the way property managers, boards, and residents interact.
NavEX
NavEX is at the forefront of solving one of the most pressing challenges in navigation: the limitations of GPS in remote, underground, and dense urban environments.
LEDon
LEDon is a mobile application designed to empower consumers by providing in-depth information about the ingredients in the products they use.
Our Partners
About Us
Mission Statement
Empowering Innovators to Transform Ideas into Impactful Ventures
Vision Statement
To Be the Leading Catalyst for Global Innovation and Entrepreneurship
Strategic Goals
Foster a Thriving Startup Ecosystem
Accelerate High-Potential Ventures
Drive Innovation Across Industries
Expand Global Reach and Impact
Deliver Exceptional Value to Stakeholders
Promote Sustainable and Socially Responsible Entrepreneurship
Core Values
Innovation
Collaboration
Integrity
Excellence
Impact
Sustainability
Empowerment
Adaptability
Meet the founder
Dr. Davit Sahakyan
Dr. Davit Sahakyan is a distinguished figure in the fields of business, technology, and academia. He served as the Deputy Minister of High-Tech Industry for the Republic of Armenia from 2021 to beginning of 2024. He is an esteemed leader and an accomplished professional with over 25 years of multifaceted experience in the business landscape.
His expertise spans various domains, including Business Strategy, Operations Management, Financial Management, Innovation Development, Data Science & Mathematical Modeling, Product & Project Management, and Business Process Management (BPM).
His career journey includes pivotal roles at esteemed institutions such as Converse Bank, Inecobank, VTB-Armenia, Haypost, and TeamViewer. Additionally, he has successfully managed his consulting services firm, focusing on BPM, Business Strategy, and Financial Modeling. Dr. Sahakyan has significantly contributed to the development of startups, leveraging his insights and expertise for over a decade.
Davit Sahakyan served as a Lecturer at Yerevan State University from 1994 to 2005, advancing to the role of Associate Professor at the Russian-Armenian University's Institute of Economics and Business from 2003 to 2023, where he also led Master Programs and spearheaded academic excellence from 2008 to 2023 and led the Chair of Mathematical Modeling and IT in Business from 2020 to 2021.
Currently he teaches at French University of Armenia and provides advisory services to the startups in operations management, business development, financial modeling, and fundraising.
He holds a PhD in Mathematics from the National Academy of Sciences of the Republic of Armenia and has pursued advanced studies at the Katz Business School of the University of Pittsburgh. Furthermore, he participated in "Leadership for the 21st Century" executive education program at Harvard University's Kennedy School of Governance.
