The EU is supporting SMEs through 20+ projects in Armenia

This project will create a more conducive business environment in the agribusiness and apparel sectors in Armenia, contributing to better livelihoods and decent employment.

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.

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.

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.

The projct offers guidance to SMEs across various domains including strategy, operations, quality management, financial reporting, and energy efficiency, among others.

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.