News/Press

The Eastern Partnership (EaP) Trade Helpdesk, a new EU4Business project implemented by the International Trade Centre (ITC), a joint agency of the United Nations and the World Trade Organization, was launched in late 2019. The 5 year long initiative aims to increase economic ties between the EU and the EaP countries (Armenia, Azerbaijan, Belarus, Georgia, Moldova, Ukraine). The project will:...
“EU4Business: Connecting Companies” is the name of an ambitious new action funded under the EU4Business initiative of the European Union and managed by EUROCHAMBRES . The main aim is to promote trade between the EU Member States & the 6 Eastern Partnership (EaP) countries: Armenia, Azerbaijan, Belarus, Georgia, Moldova & Ukraine. The “EU4Business: Connecting Companies” project is expected...
Amber Capital EU-Armenia SME Fund to promote the development of small and medium-sized enterprises (SMEs) in Armenia through equity investments The EBRD, with the support of the European Union, provides commitments of up to €16 million million The fund will provide financing to strengthen the competitiveness of Armenian SMEs The European Union (EU) and the European Bank for Reconstruction and...
EU4Business General Assembly: looking back on a decade of achievements and forward to the challenges ahead
The third meeting of the EU4Business General Assembly took place on 28 June 2019 in Brussels, and marked the 10th anniversary of the EU4Business Initiative. During this high-level event, the EU4Business Secretariat shared the results achieved during the last decade, as well as the progress made specifically in 2018. The 2019 General Assembly provided a unique opportunity for 83 participants,...
The winners of the hackathon
With the support of the EU-SMEDA project, the second ‘Innovative ideas for tourism development in Armenia’ hackathon was held on 18-19 May 2019 in Vanadzor, organised by the Vanadzor Technology Centre (VTC), the Enterprise Incubator Foundation and Lori region’s administration in cooperation with the Tourism Committee of the Republic of Armenia. The hackathon aimed at promoting the tourism...
New fruit drying technologies for stronger export growth
On 20-21 May, Armenian entrepreneurs are learning about new technologies and trends in fruit drying at a two-day workshop in Yerevan. The training is organised by the International Trade Centre ‘Ready to Trade’ project, funded by the European Union, under the EU4Business initiative. The training aims to introduce Armenian dried fruit producers to advanced methods for fruit treatment before and...
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...