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Results in Armenia
4,588
new jobs created
8,330
SMEs supported
* Results for 2019
Access to Finance
Where can I get finance?
The EU provides special loans to SMEs through local partner banks in Armenia.
SEF International Universal Credit Organization LTD
Amount of loans up to 10 000 €
JSC Inecobank
Amount of loans up to 10 000 €
JSC Ararat bank
Amount of loans up to 16 000 €
JSC Ameria Bank
Amount of loans up to 16 000 €
JSC ACBA Leasing
Amount of loans up to 10 000 €
JSC ACBA – Credit Agricol Bank
Amount of loans up to 16 000 €
Business Development Services
  • Consultancy services
  • Capacity Building of Business Support Organisations
  • B2B activities
  • Incubators
  • Trade Information
Business Enabling Environment
  • Regulatory Reforms
  • PPD (Private Public Dialogue)
  • Capacity building of policy makers / regulators
Covid-19
Information Support Centre for SMEs by EU4Business
16.04.2021
In remote regions of Armenia, high poverty levels are the norm as there are few economic opportunities outside of farming and unemployment rates are above the national average.
15.03.2021
The Satenie company benefited from new opportunities through the EU-supported Ready to Trade project, which helped Satenie develop a new product line and a brand identity.
10.03.2021
One of the strongest chess nations today is a tiny country with well-known grandmasters such as Tigran Petrosian or “Iron Tigran” — Armenia. How Armenia does it is by keeping the best chess traditions through one of the most ambitious school chess programmes in the world.
24.09.2020
The economic development of any country can be correlated to the equal development of its regions. Armenia is no exception. Once a gym and now a modern business centre, the Sevan Innovative Business Centre has already become a hub for new business ideas and initiatives in Sevan, a popular Armenian resort town located in the eastern province of Gegharkunik.
28.05.2020
Art Lunch, an Armenian enterprise providing food, catering and hospitality services, has been able to move to e-marketing model that increased turnover by 78% and improved sales by 31% with EU4Business support through the EBRD’s Advice for Small Businesses programme.
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