News/Press

EU4Sevan: SME platform for Business Development and Innovation
The city of Sevan in Armenia has received a grant through the EU-funded ‘Mayors for Economic Growth’ ( M4EG ) initiative to implement an SME platform for business development and innovation over the next two years. Sevan, in Gegharkunik marz, joined the EU’s M4EG initiative in 2017. The ‘EU4Sevan: SME platform for Business Development and Innovation’ pilot project will be implemented from 2018-...
Boosting competitiveness of regional SMEs
The EU4Business project for ‘ Boosting competitiveness of regional SMEs ’ in Armenia is launching its ‘Successful Start’ programme aimed at start-ups, SMEs that have been in business for the last three years, and job seekers in business managerial positions, in the regions of Armavir, Lori, and Syunik. The targeted sectors of the programme are food processing and tourism . The ‘Successful Start’...
Workshop on trend forecasting
The Business Club for Fashion and Design has become a reality thanks to the efforts of a group of young Armenian designers from the Fashion and Design Chamber jointly with the Business Club for Impact, supported by EU4Business Support to SME Development in Armenia SMEDA project. The club will serve as a platform for the development of the fashion and design cluster trough the introduction of new...
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...
Armenian companies preparing for Hannover Messe
What are the business do-s and don’t-s in Germany, the business etiquette and ways to interact with and attract potential partners and investors? These and other topics of German business culture were part of a discussion led by international expert Martin Reinfeldt at a training organised by the EU4Business SMEDA project (Support to SME Development in Armenia) for the Armenian delegation soon...
Armenia Start-up Academy
On February 3, the eleven graduates of the EU4Business Armenia Start-up Academy presented their start-ups at the American University of Armenia. The Academy is implemented within the framework of the EU4Business SMEDA programme, funded by the European Union and the German Federal Ministry for Economic Cooperation and Development (BMZ) and supported by the German Federal Enterprise for...
The EU4Business SMEDA project in Armenia is supporting two international missions to improve SME statistics in Armenia and bring them into line with international and EU standards, while scaling up the capacities of the National Statistical Service of the Republic of Armenia (NSSRA). The two missions – with Lithuanian and Danish experts – have worked with the respective NSSRA staff to reveal...
SMEDA BMO Academy
The first round of the three-week Academy for Armenian Business Membership Organisations (BMOs) was launched this week, organised by the EU4Business SMEDA project (Support to SME Development in Armenia) . Around 13 participants representing Armenian BMOs that have SMEs as members were present to learn international best expertise on how to become an efficient organisational unit that supports,...
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 Armenia Startup Academy (ASA) was officially launched in Yerevan this month, based at the Hero House in the Armenian capital. The initiative is supported by the EU4Business SMEDA project (Support to SME Development in Armenia) , and implemented by the Catalyst Foundation, with the aim of boosting the startup ecosystem and bringing Armenian startups to the next level. With the help of a team...