About

The EU4Business Initiative serves SMEs as the beneficiaries of EU support in the Eastern Partnership countries — Armenia, Azerbaijan, Georgia, Moldova, and Ukraine. Scroll down the page to learn more about the EU4Business portfolio, projects, partners and other useful initiatives.

EU4Business Initiative

Small and medium-sized enterprises (SMEs) in the 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.

EU-supported projects

All Projects
Start date: 19.02.2019
End date: 18.12.2028
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The EU4Business-EBRD Credit Line provides loans and grants to support various projects aimed at enhancing the competitiveness and capabilities of SMEs, both within the EU and in their domestic markets.
Start date: 26.10.2017
End date: 24.10.2027
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In Phase II of the SME Finance Facility, the focus is on promoting local currency lending, especially for micro, small, and medium-sized enterprises (MSMEs) that do not earn foreign currency and face challenges with high borrowing expenses.
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ongoing projects
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Other Initiatives

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EU4Health

The EU4Health program was established in reaction to the COVID-19 pandemic and as a means to enhance crisis preparedness within the EU. It aims to address long-term health challenges by strengthening, fortifying, and improving access to health systems for greater resilience in EU member states and third countries including the Easter Partnership (EaP) region.

EU4Climate

The EU4Climate initiative, funded by the European Union and implemented by UNDP, supports governments in the Eastern Partnership (EaP). It helps these countries take action against climate change, aiming for a low-emission and climate-resilient economy. The initiative focuses on implementing the Paris Agreement, improving climate policies and legislation, and reducing the impact of climate change on citizens' lives while enhancing their resilience to environmental challenges.

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