Grigor Barseghyan, who heads Microsoft-Armenia, said today that the company’s new innovations center would hopefully open by the fall of this year. Mr. Barseghyan made the prediction at an event entitled "Innovation Day 2010". The company has entered into an agreement with Ministry of the Economy and the Yerevan State Technological Institute. The new center will be housed on one entire floor in the Institute. Mr. Barseghyan said the work of the center is already underway at the "Enterprise Incubator Foundation" facilities.