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: 31.12.2020

End date: 30.12.2035

“EU4Business Guarantee Facility” financed from the general budget of the European Union under the Neighbourhood Investment Platform

The Action contributes to the general objectives of the Instrument, namely to support the SME segment in Eastern Partnership Countries through improving access to finance, in the form of enhanced lending terms and conditions, via providing first loss SME portfolio guarantees.

Start date: 31.08.2023

End date: 31.08.2030

EFSD – FMO Guarantee for Georgia

MSMEs, including entrepreneurs in the agriculture value chain, women and youth-led businesses.

ongoing projects

countries

All Projects

Partners

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The International Finance Corporation (IFC) via SLGP OTP Leasing Ukraine

OCN Microinvest SRL

World Vision Österreich Verein für Entwicklungszusammenarbeit und Völkerverständigung

Union of advanced technology enterprises (UATE)

Solidarity Fund PL

Oni Municipality

Embassy of Canada in Armenia

Hulla & Co Human Dynamics & Co KG (DAI Group)

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Other Initiatives

EU4Digital

EU’s flagship regional programme, the EU4Digital initiative, supports digital transformation and the harmonization of digital markets in Eastern Partnership (EaP) countries. It includes helping lower roaming charges, improving high-speed internet for economic growth, and aligning digital frameworks across various sectors, from logistics to health. Strengthening the digital economy and society will support businesses, create additional employment opportunities and foster economic expansion.

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.