YEREVAN. - On Thursday Armenia’s Government decided to allocate a grant of AMD 35 million ($92,000) to Armenia’s National Scientific Laboratory Foundation after A. I. Alikhanyan (Yerevan’s Physics Institute).

Armenia’s National Scientific Laboratory Foundation after A. I. Alikhanyan announced a competition on innovative projects for young inventors. Already 13 applications have been accepted and were sent for international expertise. The competition committee has decided to finance 8 applications. The government’s donation enables to finance the innovative ideas of young inventors.