EU4Business

Helping

Small and medium

enterprises grow

EU4Business is an umbrella initiative of the European Union that includes all EU support to small and medium enterprises in Armenia, Azerbaijan, Belarus, Georgia, Moldova, Ukraine.

success story

Clear the land of enemies and pests

For nine years, the enterprise “NPC DESPROFMED” helped large and small institutions in Ukraine to be safe. The company provided disinfection, deratization and disinsection services throughout the country. But at the beginning of the Great War, the warehouse with production equipment and materials was completely destroyed. The business had to start almost from scratch, and a microgrant from the EU4Business programme helped them to do so.

09.03.2023

success story

Cheesy, Natural, Ukrainian: Yummy snEco Snacks

02.03.2023

success story

Sweet Enterprise in Bitter Times

02.03.2023

success story

How the OrtoSano Clinic Saved Itself and the Military

02.03.2023

success story

Clear Water during the Great War

25.01.2023

Overview of our results in 2021

78,045

SMEs supported

Read more about Results

66,678

new jobs created

Read more about Results

€2.03 bln

extra income generated

Read more about Results

+8.1%

of EU-supported SMEs increased their staff

Read more about Results

+26.2%

growth in SMEs’ turnover recorded

Read more about Results

+4.89%

EU-supported SMEs engaged in exporting

Read more about Results

+11.48%

EU-supported SMEs increased their exports

Read more about Results

17,979

loans given to SMEs

Read more about Results

55,582

consultancy services delivered to SMEs

Read more about Results

594

laws, policies and regulations reformed

Read more about Results

108

projects

that support SMEs across the EaP (Armenia, Azerbaijan, Belarus, Georgia, Moldova, Ukraine) in 2021

€ 896.91

million

total budget of EU Support in 2021

Small and medium-sized enterprises (SMEs) in the EU’s Eastern Partnership region have the potential to create jobs and drive economic growth.

Obstacles such as limited access to finance, burdensome legislation and difficulties entering new markets are hindering their progress.
EU4Business supports SMEs through improving access to finance, promoting better business regulations, improving services to business, and taking advantage of trade opportunities.

EU4Business interventions result in creating and sustaining jobs, higher SME growth and increased SME exports.

EU4Business Portfolio

108 projects were providing support to SMEs in 2021 with a total budget of €896.91 million.

Access to Finance €430.44mln
Business Development Services €294.01mln
Business Enabling Environment €172.46mln

EU4Business projects and programmes are implemented by 62 partners, among them various international organizations such as the EBRD, EIB, KfW, the OECD, the World Bank, ITC, UNDP and others.

108

projects

projects in Moldova

projects in Azerbaijan

Success stories

Clear the land of enemies and pests

09.03.2023

Cheesy, Natural, Ukrainian: Yummy snEco Snacks

02.03.2023

Sweet Enterprise in Bitter Times

02.03.2023

How the OrtoSano Clinic Saved Itself and the Military

02.03.2023

Clear Water during the Great War

25.01.2023

EU4Business supports the unique Armenian startup with expanding its customer base

16.12.2022

An entrepreneur develops Georgian food tourism with support from the EU, Sweden, and Austria

14.12.2022

Major winemaking company ups production with EU4Business support

06.12.2022

Wine soap and pumpkin seed oil: EU4Business and GIZ support new Georgian products from tourism cluster members

05.12.2022

Georgian producer of churchkhela expands production with EU4Business support

03.12.2022

International Organizations

European Bank for Reconstruction and Development

The EBRD is owned by 69 countries, the European Union and the European Investment Bank. Founded in 1991 to create a new post-Cold War era in central and eastern Europe, the Bank is now doing more than ever before - across three continents - to further progress towards ‘market-oriented economies and the promotion of private and entrepreneurial initiative.

International Organizations

European Investment Bank

The European Investment Bank is the lending arm of the European Union. We are the biggest multilateral financial institution in the world and one of the largest providers of climate finance.

International Organizations

International Trade Centre (ITC)

The International Trade Centre (ITC) is the only development agency that is fully dedicated to supporting the internationalization of small and medium-sized enterprises (SMEs).

International Organizations

Organisation for Economic Co-operation and Development (OECD)

The Organisation for Economic Co-operation and Development (OECD) is an international organisation that works to build better policies for better lives. Our goal is to shape policies that foster prosperity, equality, opportunity and well-being for all. We draw on almost 60 years of experience and insights to better prepare the world of tomorrow.

International Organizations

United Nations Development Programme

UNDP works in about 170 countries and territories, helping to achieve the eradication of poverty, and the reduction of inequalities and exclusion.

International Organizations

World Bank

The World Bank Group is one of the world’s largest sources of funding and knowledge for developing countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

Over 62 partners worldwide