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Results in Armenia
1,442
new jobs created
7,029
SMEs supported
* Results for 2020
Access to Finance
Where can I get finance?
The EU provides special loans to SMEs through local partner banks in Armenia.
ACBA Leasing CJSC
Amount of loans up to 100 000 €
ACBA – Credit Agricole Bank CJSC
Amount of loans up to 100 000 €
Araratbank OJSC
Amount of loans up to 100 000 €
Inecobank CJSC
Amount of loans up to 100 000 €
SEF International Universal Credit Organization LTD
Amount of loans up to 100 000 €
EBRD
Amount of loans up to 425 000 €
Business Development Services
  • Consultancy services
  • B2B activities
  • Incubators
  • Trade Information
Covid-19
Information Support Centre for SMEs by EU4Business
17.01.2022
After 20 years of teaching crafts at school, Rita Martirosyan decided to turn her love of herbal medicine into a business. Rita inherited her passion for herbs from her uncle, who taught her various herbal tea recipes.
25.11.2021
In Gyumri, Armenia’s cultural capital, art, learning and science are considered the highest values for locals, and their town — a place to live and create masterpieces. When the COVID-19 pandemic hit, Gyumri and its small businesses felt the impact very directly.
25.11.2021
Armenia’s IT ecosystem is growing rapidly and the solutions it offers the world are both diverse and innovative, following the latest trends and developments. Data science and AI are leading Armenia’s IT sector, with its firms bidding to take on world markets.
25.10.2021
The Yerevani apricot variety is native to the Ararat Valley—more specifically, to Yerevan itself. Compared to other varieties, it contains less sugar, which makes it healthier. According to Vardges Davtyan, founder of Lukashin Agricultural Association in Armenia, apricot varieties grown in Armenia contain more of the carotene essential for reducing the risk of cancer.
25.10.2021
Known as the blue jewel of Armenia, Lake Sevan boasts a huge variety of flora and fauna. Located only 200 metres away, at 1,920 m above sea level, is the village of Tsovazard. Translated from Armenian as “Sea Ornament,” the village is home to a variety of tea herbs known for their healthful properties.
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