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EBRD to Take Half of Expenses for Advising Armenia's SMEs

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  • EBRD to Take Half of Expenses for Advising Armenia's SMEs

    EBRD TO TAKE HALF OF EXPENSES FOR ADVISING ARMENIA'S SMALL AND
    MEDIUM-SIZED COMPANIES

    YEREVAN, APRIL 13. ARMINFO. EBRD will take 50% of the expenses of to
    advise Armenia's small and medium-sized companies under the BAS
    Programme, reports the EBRD Yerevan Office.

    The program has been implemented in Armenia since 2003 to encourage
    efficiency and competitiveness in the country. The beneficiary
    companies in Yerevan will enjoy 50% compensation of their advising
    expenses due to EBRD 9,000 EUR grant, in the regions 70%. Advising
    will be given in automatized control system introduction, IT, business
    plan development, marketing research, business partners quest by
    companies chosen by the beneficiaries themselves.
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