A new Internet portal devoted to the issues of promotion of the Armenian sector of information technologies (IT) opened. "SiliconArmenia.com" portal provides information about current events and the latest developments in the IT sphere of Armenia, interviews with leading specialists and entrepreneurs working in the sphere of developing new program solutions. The project aims at propagating the Armenian IT sector among foreign investors, forming sustainable ties between local professionals and entrepreneurs of the diaspora, passing the knowledge of the business culture. The portal is financially supported by the World Bank and the Armenian High Tech Council of America.