News/Press

Bridging the Gap: EFSE impact report
The European Fund for Southeast Europe (EFSE) released its Impact Report today, showcasing the fund’s accomplishments in supporting entrepreneurs as the drivers of micro and small enterprises (MSEs) – the economic backbone of the fund’s target regions. EFSE aims to foster economic development and prosperity in Southeastern Europe and in the European Eastern Neighbourhood region – where it...
Assessing the SME framework in Armenia
A meeting of the SBA Public-Private Working Group took place in Yerevan on 11 July, to l aunch the third cycle of the Small Business Act for Europe (SBA) Assessment, organised by the OECD in the framework of the EU-funded project ‘ EU4Business: From Policies to Action ’. The Small Business Act for Europe is an overarching framework for EU policy on SMEs. It aims to improve the approach to...
Six Armenian start-ups will receive up to €35,000 in seed funding from the EU-SMEDA project, implemented as part of the EU4Business initiative, after winning the final stage of the EU-supported Innovation Matching Grants competition (IMG) - IMG Venture Forum, held on June 29 at the Vanadzor Technology Centre. The 16 shortlisted start-ups had undergone a process of pre-selection, excessive...
The Grovf team at work
Grovf – an Armenian startup supported by EU4Business and engaged in the Internet of Things (IoT) and database hardware accelaration – has been awarded a grant from Horizon 2020 – the biggest EU Research and Innovation programme. Grovf was supported and guided by the EU-SMEDA (Support to SME development in Armenia) project throughout the whole application process and this is now their second...
Three new enterprises have opened in Sisian and Goris cities in the Syunik region of Armenia, in the frameworks of the EU-funded project on ‘Boosting Competitiveness of regional SMEs, implemented by SME DNC as part of the EU4Business initiative. Speaking at the opening ceremony, SME DNC Executive Director Levon Mnatsakanyan said, “the activities of the newly opened enterprises will contribute to...
Commissioner Johannes Hahn
The EU and the six Eastern Partner countries have agreed to step up their cooperation on the digital economy, adopting a road map on reducing roaming charges, addressing the cybersecurity threat in a coordinated manner, and expanding e-services to create more jobs in the digital industry. Speaking in Minsk, Belarus, where he was taking part in the 10th Eastern Partnership Informal Partnership...
The EU-funded project on ‘ Boosting competitiveness of regional SMEs ’ in Armenia is organising a series of training courses on career development and customer services and communication skills, aimed at the local workforce in the regions of Lori, Syunik and Armavir. The targeted sectors of the project are food processing and tourism. The courses will be launched from July 2018, and each course...
Boosting competitiveness of regional SMEs in Armenia
The EU-funded project on ‘ Boosting competitiveness of regional SMEs ’ in Armenia is organising a series of courses for SMEs in the food processing and tourism sectors in the regions of Lori, Syunik and Armavir. The courses will be launched from July 2018, and each course will last 15 hours a period of 3 days. By taking part in the courses, start-up and acting SMEs will improve their...
grant opportunity for IT companies in Shirak marz Armenia
As part of the EU4Business project on ‘Boosting Technological Developments in Shirak Marz’, the Microsoft Innovation Centre Armenia and Gyumri Information Technologies Centre have announced a new grant opportunity for partner IT companies. The deadline for applications is 20 May. The goal of the grant opportunity is to assist IT companies operating in Shirak marz in expanding their activities and...
Supported by the EU-SMEDA project, four Armenian Precision Engineering and IIoT (industrial internet of things) companies recently had the opportunity to be part of this year's Hannover Messe 2018 , the world’s biggest trade fair for engineering. Prior to the trade fair, several sessions for capacity development and preparation had been conducted by EU-SMEDA. Additionally, a road show was...