UNIDO TO ALLOCATE OVER 600,000 EURO TO SUPPORT YOUNG ENTREPRENEURS IN ARMENIA
September 26, 2013 | 15:19
The United Nations Industrial Development Organization (UNIDO) will
allocate around 680,000 euro to support young entrepreneurs in Armenia.
The direct Government counterpart of the Project is the Ministry
of Economy, while the implementing partner is the SME Development
National Center (SME-DNC) in Armenia.
The program’s goal is to show that young entrepreneurs can be
more reliable beneficiaries and are capable of turning a loan into
profitable business.
Unemployment rate among young people reached 38.8 percent which means
the youth unemployment remains an important challenge for Armenia’s
economic development.
From: Baghdasarian
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