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: 01.02.2022
End date: 31.12.2027
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The program seeks to improve financial access for micro-enterprises and SMEs in the country, funded by the European Commission and the Dutch Government.
Start date: 17.01.2022
End date: 16.10.2025
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TUMO Center for Creative Technologies (TUMO) is a dynamic educational hub blending education, creativity, and technology. Since 2011, TUMO has offered a free after-school program empowering teenagers to direct their learning. With over 22,000 students weekly in TUMO centers and TUMO Boxes across Armenia, it provides self-learning activities, workshops, and project labs targeting 14 learning objectives. Expanding its reach to Kapan, TUMO Kapan will be housed in the historic Kapan Railway Station, dating back to 1932.
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