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Armenian Government To Aid Super Small Businesses In Export Certific

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  • Armenian Government To Aid Super Small Businesses In Export Certific

    ARMENIAN GOVERNMENT TO AID SUPER SMALL BUSINESSES IN EXPORT CERTIFICATION

    PanARMENIAN.Net
    September 14, 2011 - 14:24 AMT

    PanARMENIAN.Net - The government will compensate half of export
    certification expenditures to super small businesses in Armenia,
    said the Executive Director of Small and Medium Entrepreneurship
    Development National Center of Armenia (SME DNC).

    As Tigran Harutyunyan told a September 14 news conference, if
    successful, the pilot program will be further expanded. According
    to Harutyunyan, entities with up to 10 employees, with an income of
    under AMD 100 mln are defined as super small entities.

    Over the 8 months since the launch of the initiative, 13 applications
    of super small businesses engaged in trade, services, production and
    IT activities, for the total sum of AMD 28 mln were addressed.

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