The EU is supporting SMEs through 20+ projects in Armenia

Start date: 29.11.2023
End date: 15.11.2031
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Supported by the EU, the project operates within the European Fund for Sustainable Development Plus (EFSD+) guarantee programme.
Start date: 15.09.2023
End date: 15.08.2030
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To support Armenian MSMEs, including women and youth-led businesses. The transaction will support Ameriabank in achieving its strategic goal of growing its MSME customer base.
Start date: 04.09.2023
End date: 04.09.2027
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Supported by the EU, the project operates within the European Fund for Sustainable Development Plus (EFSD+) guarantee programme.
Start date: 17.08.2023
End date: 16.08.2026
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This project will create a more conducive business environment in the agribusiness and apparel sectors in Armenia, contributing to better livelihoods and decent employment.
Start date: 20.04.2023
End date: 31.01.2029
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The initiative aims to boost women's entrepreneurship and overall involvement in business across EaP countries by enhancing access to both financial and non-financial business development services.
Start date: 18.04.2023
End date: 18.08.2029
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Top up. The facility provides AraratBank with an opportunity to deepen business lending in more vulnerable segments of the economy, in a risk controlled manner: it enables the bank to gain more experience and data needed to develop new production lines and products (more flexibility and adjusted collateral requirements).
Start date: 01.01.2023
End date: 31.12.2027
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Contribute to enhanced recovery and resilience of micro, small and medium-sized enterprises (MSMEs) and sustainable, green small-scale community infrastructures in the region of Syunik, Armenia.
Start date: 27.12.2022
End date: 27.12.2024
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Intermediated facility with the Central Bank of the Republic of Armenia (CBA) to support the economic recovery and resilience of the country by enhancing access to financing for micro, small, medium-sized enterprises (MSMEs) and mid-caps.
Start date: 21.12.2022
End date: 21.03.2025
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The regional project, commissioned by the European Commission (EC) and undertaken by the European Bank for Reconstruction and Development (EBRD), aims to facilitate the transition and foster sustainable and equitable economic growth models in the Eastern Partnership (EaP) countries.
Start date: 01.04.2022
End date: 31.03.2025
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The "Creative Accelerator Program" (CAP), initiated by the Armenian General Benevolent Union Armenia (AGBU) and Creative Armenia (CA), aims to revitalize Armenia's creative industry ecosystem, promoting a flourishing creative economy.
Start date: 01.03.2022
End date: 31.08.2024
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The project aims to revitalize the abandoned Soviet sewing factory into DILIJAN FACTORY, a modern space fostering collaboration among enterprises and individuals, stimulating creativity and idea exchange while reducing entrepreneurial risk. The initiative includes renovating the building, establishing production units with market access, creating a Business Support Center, a Coworking Center with Incubator and Accelerator, and a Hospitality Business Association.
Start date: 01.02.2022
End date: 31.05.2024
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The project focuses on initiating public-private partnership discussions in Ijevan, Armenia, with the goal of creating a sustainable environment for fostering innovative entrepreneurship in tourism, high-value agriculture, and food processing sectors.
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