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  • National Center For Development Of Small And Medium-Sized Enterprise

    NATIONAL CENTER OF DEVELOPMENT OF SMALL AND MEDIUM-SIZED ENTERPRISES CONTINUES ITS PROJECTS ON SUPPORTING SME

    ARMENPRESS
    July 18, 2009

    YEREVAN, JULY 18, ARMENPRESS: The National Center for Development of
    Small and Medium-sized Enterprises continues its programs on supporting
    small and medium-sized enterprises (SME) in Armenia.

    The Director of the center Ishkhan Karapetyan told Armenpress that
    Armenian government pays a special attention to the development of
    SME in Armenia, particularly, to the activity of the Center for
    Development of Small and Medium-Sized Enterprises, which is an
    institution implementing projects of state support.

    According to him, in the 5-6 years of its activity the center has
    developed a number of mechanisms and experience aimed at arranging the
    support to SME more efficiently. Within the frames of its activity
    the government provided the center with relevant resources, which
    contributed to the implementation of a number of business projects.

    Particularly, support of 1, 7 billion Drams has already been displayed
    for the implementation of nearly 10 business projects. The SME Support
    Operative Headquarter adjusted to the Armenian Prime Minister approved
    it. A number of producers in the spheres of cans, sand-polymer tiles,
    textile and informational technologies are among those provided
    with support.

    "We have about 15-20 projects waiting for financing within the frames
    of about 3, 5 billion Drams," I. Karapetian noted.

    He said that the crisis influenced on the centre's activity, its works
    have essentially increased. The analysis of a semester has shown that
    the number of SME applying to the center for support has increased
    by 25-30 % over the same period of the last year.

    According to I. Karapetyan, the drafting of correct business projects
    is very important for getting financial support from the center.

    As to June 1, over 5000 applications for support were received, about
    2000 were provided with support for the first time, and about 1500
    received support in several program directions; they were provided with
    consultation, information and trainings besides the financial support.

    At present the Center for Development of SME has 10
    provincial branches, 8 representations, the central office is
    in Yerevan. I. Karapetyan attached importance to the extension
    of provincial offices and missions noting that in such a way the
    work with SME is being facilitated, as it is difficult to implement
    different support programs for different provinces from one country.

    From: Emil Lazarian | Ararat NewsPress
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