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ARC Fund has coordinated the Network of Business Incubators and Technology Parks in Eastern Europe and Central Asia (ECAbit) since 2008. By its active participation in ECAbit, ARC fund provides additional internationalization opportunities for Bulgarian enterprises and extends its policy and advocacy outreach to governments from the Commonwealth of Independent States.

In 2010, ARC Fund assisted the Moldovian Agency for Innovation and Тechnology Transfer, Moldovian Тechnology Transfer Network and the Caspian Investment Centre (Azerbaijan)on both policy and project development. ECAbit gained increasing recognition both by the international incubator community and the governments from the ECA region as a reliable and valuable partner for local economic development.

The fifth regional ECAbit's conference, Advancing Innovation in ECA, was held in Baku on December 2-3, 2010 and focused on Investment readiness and business incubation infrastructure for youth entrepreneurship. It attracted more than 50 participants from 15 countries. The conference featured an infoDev training on investment readiness for incubator managers (current and prospect), training for pre-incubation and start-ups (for young Azerbaijani entrepreneurs) and a strategic discussion for ECAbit priorities in 2011. Probably the most significant policy impact of the conference was the decision of the government of Azerbaijan to launch a Youth Innovation Center as a pilot incubator for young entrepreneurs and the expectation of ECAbit to play an instrumental role in setting up the initiative in the country.

More information on the ECAbit project could be found at:

For contacts: Mr. Todor Yalamov, todor.yalamov(at)online(dot)bg

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