On May 23, a presentation of the business strategy for Fab Lab Gyumri was held at the Gyumri branch of the State Academy of Fine Arts of Armenia—one of the key beneficiaries of RECONOMY’s “Digitizing Sectors for Competitiveness” project.
Tatev Hovhannisyan, Business Consultant, outlined the strategic vision for transforming Fab Lab Gyumri into a modern digital manufacturing hub, with a special emphasis on advancing the light industry sector. The strategy underscores the integration of innovative technologies with entrepreneurial thinking, and the importance of fostering collaboration among educational institutions, the business community, and local stakeholders. Notably, Fab Lab Gyumri is Armenia’s first initiative to operate an educational laboratory as a business venture.
This pioneering model provides students and emerging creatives with hands-on experience, enabling them to apply their knowledge and skills in a real-world setting—bridging the gap between art, design, and advanced digital technologies.
The event was attended by Mher Sahakyan, Project Manager of RECONOMY’s “Digitizing Sectors for Competitiveness” project, Vahagn Ghukasyan, Head of the Gyumri Branch of the State Academy of Fine Arts of Armenia, Jacqueline Karaaslanian, CEO of the Fab Lab Armenia Educational Foundation as well as faculty members and students of the academy.
The meeting also included discussions on upcoming activities planned within the project framework, aimed at further strengthening digital innovation and sectoral competitiveness in the region.
RECONOMY is an inclusive and green economic development program of the Swedish International Development Cooperation Agency (Sida), implemented by Helvetas in partnership with the Strategic Development Agency NGO and others in the Eastern Partnership and Western Balkan countries.