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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
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.
13.05.2020
Just a few years ago, 3D printing belonged more to industrial settings than to people’s homes. The rapid evolution of the field and the growth of the market mean that 3D printers are now available at affordable prices to consumers, so everyone can create their own kitchen utensils, toys and DIY tools.
19.03.2020
The earliest known winery in the world, unearthed in a cave in Armenia, dates from about 6,100 years ago. One of the oldest modern-day enterprises in Armenia, Voskevaz Winery LLC, has been taking the best traditions of vintners beyond Armenia to new markets.
04.03.2020
Offering a wide choice of traditional cuisine, a good combination of price and quality, with one of the largest delivery services in Armenia, the Karas Group’s business is based on an internationally-recognized system for reducing the risk of safety hazards in food.
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