EvocaBank is at the forefront of Armenia’s digital banking progress, has forged a dynamic alliance with Fab Lab Armenia, marking a pivotal moment in the nation’s journey towards innovation and educational excellence. Officially solidified on November 17 during the Fab Lab Armenia NEXT IS NOW conference, with the esteemed presence of the Minister of Education, this collaboration heralds a significant stride for both organizations.

Tatevik Khachatryan, Deputy Chairman of EvocaBank Management Board, and Babken Chugaszyan, CEO of Fab Lab Armenian Education Foundation, came together to formalize the partnership, symbolizing a joint dedication to propelling Armenia’s digital landscape forward.

With a generous investment of 120 million AMD (equivalent to $300,000 USD), EvocaBank empowers the Fab Lab Armenia Education Foundation to expand its mission ambitiously. This funding is earmarked for establishing a dynamic Technology Learning and Training Hub, catering to individuals and private and public organizations seeking to acquire essential digital fabrication skills. By fostering innovation, nurturing talent, and enhancing the skills of professionals, the initiative aims to foster a vibrant ecosystem for digital manufacturing.

Aligned in their vision, EvocaBank and Fab Lab Armenia Education Foundation envisage a future where technological prowess propels socioeconomic growth, empowering the next generation of innovators and leaders. This partnership stands as a testament to their unwavering commitment to driving enduring change and unlocking boundless possibilities.

Fab Lab Armenia thanks EvocaBank for its visionary partnership, eagerly anticipating the transformative impact and endless opportunities.