4 businesses were established in Yerevan with the financial support of European Union


It is recorded a wonderful end of the first phase of “EU4Youth: Employability and Stability in Armenia, Belarus and Ukraine” project founded by the European Union (EU) and co-founded by the Austrian Development Agency (ADA). SOS Children's Villages Armenia, BSC Business Support Center and four sole entrepreneurs signed trilateral donation agreements. Thereby, those Entrepreneurs received mini-grants of 4000 Euros to invest in small businesses they have developed within the Project.



This is a start of four newly established SMEs as Fashion-atelier, bakery, dried fruits and Fourchette. So, it seems one more step by BSC Business Support Center in participation of economic activities of the country through making establishment and development opportunities for SMEs. Worth mentioning that BSC Business Support Center will continue to provide free consulting in business management and development for those four new established businesses.


To remind, since the second half of 2018, 14 young people from Yerevan has participated in a free training of entrepreneurship in the frame of “EU4Youth: Employability and Stability in Armenia, Belarus and Ukraine” project. As a result, they have improved their entrepreneurship skills, knowledge of local business environment and competitive situation. The trainings have been conducted by the experts of BSC Business Support Center.