Paul Avedisian Center for Business Research and Development (CBRD)

The Paul Avedisian Center for Business Research and Development (CBRD) was established in 1992 to help foster the economic development of Armenia in its transition to a market economy. CBRD is a non-profit organization and is supported through a major donation by the Ed Avedissian Family and subcontracts and grants from public and private organizations. The College of Business and Economics administers the Center.

CBRD carries out organized research and development projects through teams of faculty, local experts, alumni and graduate assistants. It is an academic meeting place that provides unique opportunities for the development of young researchers, both in and outside of Armenia, committed to making contributions to business decision-making and strategic processes.

CBRD serves as a resource for information and expertise for both local and international firms.
The Center was the first to provide western research and consulting services in the areas of business and management in Armenia and the region. With this experience, CBRD has developed a unique mix of knowledge and capabilities that apply to a wide range of situations. Some of its partners include Synopsys Armenia, The Echmiadzin Church, Nork Marash Medical Center, and Kotayk Beer.


CBRD designs and implements a variety of studies and research projects including but not limited to business analysis and planning, feasibility studies for business start-ups, market research and analysis, industry analysis, due diligence reviews and financial analysis, production planning and optimization, accounting conversion, and implementation of classroom and on-the-job training programs.

The Center provides full research services from the development of reliable and valid measures and indicators and sample designs to complete quantitative and qualitative data analysis and report writing. The Center staff is expert in survey research and methodology, focus groups, in-depth interviews and analysis, and the use of SPSS for statistical analysis.

CBRD provides hands-on research experiences that permit the College’s best students and graduates to apply concepts and skills learned in the classroom directly in development projects. Students must be in good academic standing in order to apply for research assistantships. When hiring Research Assistants, CBRD gives weight to academic success in the program.