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.