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EU4Business published its 2020 country report, covering all EU support to SMEs in Armenia. The country report provides detailed information about EU assistance across all three priority areas of the programme: access to finance, business development services and the business enabling environment.

In 2019, the EU disbursed €18.3 million in 2019 to support a total of nearly 8,330 SMEs in Armenia, a third of which are owned by women. This resulted in over 4,588 new jobs and €102.9 million in extra income generated by EU-supported SMEs in Armenia.

For your reference:

Country Report Armenia 2020

News about the country reports released for the six EaP countries

Latest news
am
18.03.2024
The European Union is very active in supporting the development of new businesses, particularly among women and particularly in the regions of Armenia, so don’t think that you need to be in Yerevan, to have a higher education or an established business in order to access EU support.
am
21.02.2024
Dear Colleagues and Partners, we are very pleased to invite you to the high-level launch of the OECD SME Policy Index: Eastern Partner Countries 2024 on 27 February at 10:00 (Yerevan time).
am
23.01.2024
Unlike large urban centres, rural areas in Armenia often lack jobs to offer to women, regardless of their age. The region of Shirak in the north-west of the country is one such case, where female unemployment rates remain high. This was the challenge addressed by ‘Lightning’, a local NGO, with a series of small but very concrete steps.

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