EU4Business About

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 Portfolio Projects Partners Other 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.

EU4Business portfolio of projects

data in 2024

€1071M

total budget of support

120

projects

EU-supported projects

All Projects

Start date: 13.12.2023

End date: 30.06.2032

SMEs Competitiveness in Ukraine and Moldova - NIP contract

The main objective of the Action is to provide urgent support to war-affected SMEs in Moldova and Ukraine in their business recovery needs and to overcome challenges and disruptions caused by the war on Ukraine in the supply chains, energy sector, and capital investment, as well as in supporting alignment with the EU acquis communautaire as part of the EU accession path of these two countries.

Start date: 23.12.2023

End date: 23.12.2027

EFSD – IFC guarantee for Ukraine

Risk sharing facility to support SMEs, especially those in agribusiness or owned by women.

ongoing projects

countries

All Projects

Partners

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OCN Microinvest SRL

European Union Intellectual Property Office (EUIPO)

Union of advanced technology enterprises (UATE)

Georgian Farmers Association

Embassy of Canada in Armenia

National Body for Standards and Metrology (NBSM)

Eurochambres

UNITED NATIONS DEVELOPMENT PROGRAMME (UNDP)

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Other Initiatives

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.