The EU is supporting SMEs through 100+ projects in the Eastern Partnership region

The regional project, commissioned by the European Commission (EC) and undertaken by the European Bank for Reconstruction and Development (EBRD), aims to facilitate the transition and foster sustainable and equitable economic growth models in the Eastern Partnership (EaP) countries.

The "Creative Accelerator Program" (CAP), initiated by the Armenian General Benevolent Union Armenia (AGBU) and Creative Armenia (CA), aims to revitalize Armenia's creative industry ecosystem, promoting a flourishing creative economy.

The project aims to revitalize the abandoned Soviet sewing factory into DILIJAN FACTORY, a modern space fostering collaboration among enterprises and individuals, stimulating creativity and idea exchange while reducing entrepreneurial risk. The initiative includes renovating the building, establishing production units with market access, creating a Business Support Center, a Coworking Center with Incubator and Accelerator, and a Hospitality Business Association.

The project focuses on initiating public-private partnership discussions in Ijevan, Armenia, with the goal of creating a sustainable environment for fostering innovative entrepreneurship in tourism, high-value agriculture, and food processing sectors.

The program seeks to improve financial access for micro-enterprises and SMEs in the country, funded by the European Commission and the Dutch Government.

TUMO Center for Creative Technologies (TUMO) is a dynamic educational hub blending education, creativity, and technology. Since 2011, TUMO has offered a free after-school program empowering teenagers to direct their learning. With over 22,000 students weekly in TUMO centers and TUMO Boxes across Armenia, it provides self-learning activities, workshops, and project labs targeting 14 learning objectives. Expanding its reach to Kapan, TUMO Kapan will be housed in the historic Kapan Railway Station, dating back to 1932.

The “Support to Quality Infrastructure in Armenia” project, developed jointly by UNIDO and the Armenian Government and funded by the European Union, aims to continuously strengthen the NQIS in Armenia, especially the metrology system for trade competitiveness and sustainable industrial development.

The EBRD’s SME Local Currency Programme aims to develop capital markets and encourage local currency lending in the countries it invests in.