The EU is supporting SMEs through 20+ projects in Armenia

The EU TUMO Convergence Center for Engineering and Applied Science is an advanced STEM hub in Yerevan, Armenia, designed for university students and young professionals. It serves as a nexus for research, education, and startup activities, bridging the gap between academia and industry locally and internationally.

Investment in an Armenia-focused private equity fund forms part of the Small and Medium Enterprise Finance and Advice Facility, a joint initiative between EBRD and the European Union focused on private sector development in Armenia and, specifically, improving access to finance for Armenian SMEs.