News/Press

Bridging the Gap: EFSE impact report
The European Fund for Southeast Europe (EFSE) released its Impact Report today, showcasing the fund’s accomplishments in supporting entrepreneurs as the drivers of micro and small enterprises (MSEs) – the economic backbone of the fund’s target regions. EFSE aims to foster economic development and prosperity in Southeastern Europe and in the European Eastern Neighbourhood region – where it...
Commissioner Johannes Hahn
The EU and the six Eastern Partner countries have agreed to step up their cooperation on the digital economy, adopting a road map on reducing roaming charges, addressing the cybersecurity threat in a coordinated manner, and expanding e-services to create more jobs in the digital industry. Speaking in Minsk, Belarus, where he was taking part in the 10th Eastern Partnership Informal Partnership...
A joint meeting of the Working Group of the project for ‘ Supporting the implementation and monitoring of Azerbaijan's SME roadmap’ and the SBA Public-Private Working Group took place in Baku on 6 June to discuss Azerbaijan’s newly established SME agency and its role in boosting SME development, as well as the launch of the third cycle of the Small Business Act for Europe (SBA) assessment. The...
Ready to Trade: training on product listing in Azerbaijan
A first workshop on product listing has just been held by the International Trade Centre in Azerbaijan, as part of the recently launched ‘ Ready to Trade ’ project funded by the European Union in the framework of the EU4Business initiative. The project aims to improve the competitiveness of SMEs from Azerbaijan and other Eastern Partnership countries, and help them access new markets with a...
On 21 March, the EU presented its External Investment Plan (EIP) at a regional launch event in the Georgian capital Tbilisi. Under this plan, the EU will mobilise investments from the public and private sector from 2017 to 2020 for more than 70 economies around the world, including Georgia and the other Eastern Partner countries. The EIP will aim to boost investment and support more inclusive and...
Grants for participation in large-scale brokerage events for Horizon 2020
Researchers from the Eastern Partnership region, including from industry and SMEs, have the opportunity to apply for EU grants for participation in large-scale brokerage events and similar activities related to the EU’s Horizon2020 programme for research and innovation. The aim of the grant scheme is to extend scientific networks between EU Member States/non-EaP Associated Countries and EaP...
workshop on the monitoring of Azerbaijan's SME roadmap
The OECD held a workshop on the monitoring of Azerbaijan's SME roadmap on 15 February 2018 in Baku, Azerbaijan. The meeting was part of the EU4Business project ‘From Policies to Action’. The main objective of the workshop was to discuss and refine the process of monitoring the implementation of the SME roadmap including defined targets and key performance indicators (KPIs). Elchin Ibrahimov ,...
National initiatives for improving accounting education and strengthening professional accounting organisations in Azerbaijan were discussed at a workshop recently organised in Baku by the World Bank as part of the EU4Business initiative. The event was part of the EU-funded Strengthening Auditing and Reporting in the Countries of the Eastern Partnership ( STAREP ) regional programme, which...
GLS Bank has made its second investment in the European Fund for Southeast Europe (EFSE). With its purchase of €27.9 million in EFSE notes, the bank is continuing to join forces with EFSE to ensure access to financing for micro and small enterprises and to support low-income private households in Southeast Europe and the European Eastern Neighbourhood Region, where it operates under the...
The first OECD Working Group meeting on ‘Supporting the implementation and monitoring of Azerbaijan's SME roadmap’ took place on 7 December in Baku, as part of the project ‘EU4Business: From Policies to Action’, implemented by the OECD across the Eastern Partnership and funded by the EU in the framework of its EU4Business initiative. The main objective of the meeting was to kick-off the joint...