Access to Finance

Loans

EU provides special loans under its EU4Business Initiative through local partner banks in Armenia:

SEF International Universal Credit Organization LTD

Medium-term local currency loans under the initiative European Fund for Southeast Europe (...

Amount of loans up to 10 000 €

SEF International Universal Credit Organization LTD

JSC Inecobank

Medium-term local currency loans under the initiative European Fund for Southeast Europe (...

Amount of loans up to 10 000 €

JSC Ararat bank

Medium-term local currency loans under the initiative European Fund for Southeast Europe (...

Amount of loans up to 16 000 €

JSC Ameria Bank

Local currency loans under the initiative EBRD Women in Business Program for Eastern Partn...

Amount of loans up to 16 000 €

JSC ACBA Leasing

Loans to support energy efficiency and renewable energy technologies under the Green for G...

Amount of loans up to 10 000 €

JSC ACBA – Credit Agricol Bank

Loans to support energy efficiency and renewable energy technologies under the Green for G...

Amount of loans up to 16 000 €

Grants

Grants for SMEs are available through a number of programmes.

EU for Increasing Migrants’ Potential to Act for Development of Armenia (EU4IMPACT)

The project intends to contribute to the empowerment of labour migrants, returnees and their family members through mobilising remittances for investing in local development and job creation. The init...

Valid until

2024-09-30

With total budget for grants

€ 3.5 million

Innovative Tourism and Technology Development for Armenia (EU ITTD)

The project has an overall objective to ensure shared and balanced inclusive growth in tourism and innovative industries. This will be achieved through: (1) transformative, innovative tourism ventures...

Valid until

2023-04-30

With total budget for grants

€ 13.5 million

EU-GAIA

EU Green Agriculture Initiative in Armenia.  The programme aimes to support the Northern provinces of Armenia through boosting green agriculture in agri businesses through to inputs, equipment, infras...

Valid until

2023-03-31

With total budget for grants

€ 9.7 million