We create employment opportunities and foster private sector development in Armenia


Mini report| Support to Armenia’s Startup Ecosystem in 2018

34 EU4Business IMG & STEP grants from 5 to 50k provided to Armenian startups
40+ Startups participated in pre-Acceleration programme of the EU-funded Armenia Startup Academy
300+ Entrepreneurs received support through various trainings, summits and conferences
200+ Students developed new business ideas through Startup Business Weekends

Activity Highlights VIEW ALL Activities+


The story of Yana and Arev: 2 young women bringing innovation to Armenia

This story is about 2 young Armenian women: Yana and Arev. Both have been engaged in EU-SMEDA's capacity building events and now are actively applying the gained know-how in their profession with more innovative spark and ingenuity. As a graphic designer, Yana has been engaged in graphic recording for two years. She acquired this skill at courses held within the framework of the project ''Support for SME Development in Armenia''(EU SMEDA), which is co-financed by the European Union under its EU4Business initiative. Having taken part in courses in 2017, she pretty much mastered her profession in a week. Now, she is ready to conduct such trainings abroad. “Since this skill is not particularly common in Russia and Georgia, I am planning a number of trainings there,” Yana said an interview. Thanks to the EU SMEDA project, Arev Hambardzumyan, an information technology specialist, has improved her skills as well. She is another young specialist who believes that there are enough good opportunities for young people in the labour market in Armenia. Arev is a Chief technical officer of two companies in Armenia. She says that there is a shortage of workers in her sector.


12.07.2018 - CLOSED

Call for Proposals: Evaluation Exercise for SME Strategy 2016-2018

The "Support to SME Development in Armenia" (EU-SMEDA) Project seeks to contract a company/ expert to conduct an analytical study to evaluate the implementation of SME Strategy for Armenia 2016-2018. The assignment starts from 16 July 2018 and lasts until 01 October 2018. The assignment should be im...

View announcement
03.04.2018 - CLOSED

Call for Applications: Innovation Matching Grants 2018

The "Support to SME Development in Armenia" (SMEDA) project, in cooperation with Enterprise Incubator Foundation announces the EU-funded “Innovation Matching Grants – Business Development Support for innovative technology Start-ups” grant competition. Competition is open to companies with te...

View announcement
16.02.2018 - CLOSED

Call for Proposals: Production of Marketing Package

The “Support to SME Development in Armenia (SMEDA)” Project seeks to contract a local company for production of a Marketing Package for the Armenian delegation to Hannover Messe 2018. SMEDA supports five Armenian Precision Engineering and IoT companies, representatives of Alliance, Meridian and...

View announcement