News/Press

Women Entrepreneurs' Club in Yerevan
The fifth and final Women Entrepreneurs’ Club (WE Club) was successfully held in Yerevan last week, with the support of the EU4Business SMEDA project. The event was officially opened by EU Head of Delegation Ambassador H.E. Piotr Świtalski and German Ambassador H.E. Bernhard Matthias Kiesler. In their speeches introducing women who are active in the business and social fields of Armenia, the...
EFSE’s main target group is micro and small enterprises (MSEs) and low-income households
The European Fund for Southeast Europe (EFSE) has announced the expansion of its fund structure to promote lending in local currencies. Backed by a contribution of €44 million from the European Union’s EU4Business initiative, and €12 million from the German Federal Ministry of Economic Cooperation and Development (BMZ), the new ‘L-shares’ will be used to enhance local currency financing in the...
First Bankers’ Roundtable on Sustainable Financing for Entrepreneurs
The European Fund for Southeast Europe (EFSE) teamed up with the Central Bank of Armenia (CBA) on April 4 to hold the first Bankers’ Roundtable on Sustainable Financing for Entrepreneurs in Yerevan, in an event organised with the support of the EU4Business initiative. The gathering of influential bank executives from Armenia explored the role of the banking sector in achieving maximum...
Modelling the Economy and Politics for optimal development
An international forum on ‘Modelling the Economy and Politics for optimal development’ was held this week in the Armenian capital Yerevan, bringing together international and national scientists working on innovative modelling of economic theories, political and social behaviours, quantum theory of decision making, predicting financial risks and crisis, industrial research and development, and a...
Supporting Armenia’s SME Development Strategy
On 27 March, the OECD organised the second workshop on supporting Armenia’s SME development strategy in the framework of the EU-funded project ‘ EU4Business: From Policies to Action ’. The workshop focused on the monitoring system as a key aspect for an effective implementation of the SME Strategy. It presented good practice tools to monitor and report progress in the implementation of SME...
On 15 March, the EU Delegation to Armenia organised a site visit in Yerevan to get acquainted with the innovative companies and start-ups, which have received technical and financial support in the framework of the European Union's ‘Support to SME Development in Armenia’ (EU-SMEDA) project. The visit was attended by the EU Ambassador to Armenia Piotr Świtalski and a group of journalists. During...
Four Armenian companies participated in BioFach 2019
Companies from Armenia have secured trade deals for dried and canned fruits, jams, juices, and herbs at BioFach 2019, the world’s leading trade fair for organic products, in Nuremberg, Germany. Four Armenian companies took part in the trade fair, between 14 and 16 February, thanks to the support of the International Trade Centre ‘Ready to Trade’ project, funded by the European Union under its...
The winners of the Start-up Boost Weekend
The fourth Start-up Boost Weekend took place in the Armenian capital Yerevan this weekend, bringing together around 130 students from universities, and this time also from the UWC Dilijan school, with the support of the EU-SMEDA project. After 54 hours of learning, practicing, sharing and presentation sessions between February 22 and 24, with experienced mentors and successful entrepreneurs,...
13 Armenian start-ups took part in the HyeTech Entrepreneur Immersion Programme 2019
February gave a great opportunity to Armenian start-ups to leave their comfort zones and travel to the tech center California for an intensive 10-day programme aimed at helping them get acquainted with the most useful innovations, as well as tech culture and tendencies in Silicon Valley. In total, 13 Armenian start-ups participated in the HyeTech Entrepreneur Immersion Programme 2019 (HyeTech EIP...
Software product management course
Young people in the Shirak marz of Armenia are invited to apply for a free three-month course on software product management, offered as part of the 'Boosting Technological Development in Shirak Marz' project – an EU-funded initiative implemented under the EU4Business initiative by the Microsoft Innovation Centre. The deadline for applications is 17 February. The course starts on 4 March...