The Board of Trustees of the Ayb Educational Foundation has confirmed that the Ayb Educational Foundation, co-founder of the Foundation for Armenian Science and Technology (FAST), will continue supporting the implementation of FAST’s statutory purposes. The Ayb Educational Foundation’s total investment will amount to USD 500,000.
“Taking into account FAST’s mission, which is to build an ecosystem that drives technological innovation and scientific advancement in Armenia, we believe it is important to continue our support for FAST and thus, announce our long-term commitment,” reads the statement disseminated by the Board of Trustees of the Ayb Educational Foundation.
“Education is the sector where the highest result requires consolidation of efforts. We have always been involved in various education initiatives in Armenia, believing it to be vital for making a qualitative change in the education sector. Through our involvement in FAST, we are having our input in the scientific-technological advancement of Armenia, the foundations for which we have laid by the development of the internationally recognized Araratian Baccalaureate Armenian- language education program. Competitive education is the basis for competitive higher education.
The Technological University of Armenia Program developed by the Ayb Educational Foundation sets new ambition in the field of higher education and creates new prospects for Armenia’s scientific and technological development,” said Meri Mamikonyan, Acting Executive Director at the Ayb Educational Foundation.
One of FAST’s key objectives is to unite our national potential in the field of science and high technologies and engage top international specialists to translate Armenia into a global hub for technological innovation and creativity.
Ayb was founded in 2006 by people who believe education has played a paramount role in their professional and life achievements and want to help grant an opportunity of best education to students in Armenia and Diaspora. Ayb unites people who realize the importance of education and stand ready to have their input and develop education in Armenia, establish exemplary learning environments and shape educated and responsible generations. During 12 years of its work, the Ayb Educational Foundation has implemented various projects in the field of education, such as developing and realizing education reform programs, designing and establishing exemplary learning environments, which serve as a catalyst for changes in the entire educational system of the country. The Ayb programs are a unique combination of the best of Armenian schooling traditions and contemporary learning technologies. We strive to make Armenia a country providing a new high-quality, internationally competitive Armenian educational platform, and thus hold an important place on the international scene of education.