// IP Marketing video - START// IP Marketing video - END

EFSE: Armenian Opportunities for Enterprise Development

EFSE: Armenian Opportunities for Enterprise Development

PanARMENIAN.Net - The European Fund for Southeast Europe (EFSE) aims to foster economic development and prosperity in the Southeast Europe region, including the European Eastern Neighborhood region, through the sustainable provision of additional development finance. The Fund offers long-term funding instruments to qualified partner lending institutions to better serve the financing needs of micro and small enterprises and low-income private households.

Currently, the EFSE is operating in 16 countries that include Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, FYR Macedonia, Georgia, Kosovo, Moldova, Montenegro, Romania, Serbia, Turkey and Ukraine.

The Annual Meeting of the European Fund for Southeast Europe is the EFSE's core event. It takes place on a yearly basis – each year in a different city of one of EFSE’s partner countries. Through the EFSE Annual Meeting, the Fund aims to bring together all of its stakeholders, including donors, international financial institutions, private investors, as well as finance practitioners, providing a platform for the exchange of ideas and creation of new ones.

This year’s event will be held in Yerevan, the capital of Armenia, from June 17-19 under the motto “16 Countries … and Opportunities for Enterprise Development.”

To raise public awareness ahead of the upcoming Annual Meeting, PanARMENIAN.Net launches a project titled Armenian Opportunities for Enterprise Development, which is sponsored by the EFSE and assisted by two of the Fund’s lending partner institutions in Armenia – Araratbank and ACBA-Credit Agricole Bank.

The project will tell about people, who used the loans provided by the Fund's partner lending institutions to establish and successfully develop their own business.

 Top stories
He said that his government would also focus on fighting corruption and "eliminating all barriers that impede business from developing".
“We have a simple problem:we prepare 400-500 specialists each year, while there is demand for 2000 professionals," he said.
At Shirak airport in the northern Armenian town of Gyumri, traffic soared by 150% in the reporting period against 2016.
“The investments will be spent to build a canning factory and slaughterhouses, expand greenhouse farms,” Ignati Arakelyan said.
Partner news