The EU is supporting SMEs through 20+ projects in Armenia

The project, under the EU4Business initiative, aims to promote balanced and inclusive growth in tourism and innovative industries in Armenia. It focuses on developing innovative tourism ventures in Northern regions, supporting high-tech entrepreneurs, facilitating international knowledge exchanges for researchers, and fostering entrepreneurship culture among students and the general population.

The project provides an online portal for accessing regional trade information, conduct surveys on trade barriers, and offer training to enhance the collection and analysis of trade data.

EU-GAIA, the EU Green Initiative in Armenia, stands as the largest agricultural support project in the country, funded primarily by the European Union (EU) and co-implemented by the Austrian Development Agency (ADA), with partial implementation by the United Nations Development Programme (UNDP).

The EU4Environment Action aims to bring a higher level of environmental well-being for citizens in the Eastern Neighbourhood while also helping the six partner countries to grasp opportunities of greener economic growth and preserve their natural capital.

Structural Reform Facility (the Facility) aims to promote sustainable and fair economic growth models in Eastern Partnership (EaP) countries, leading to increased investments and better socio-economic conditions and job prospects for citizens.