Within the framework of the 19th measure for neutralization of the Coronavirus-driven economic impact adopted by the RA Government, it is envisaged to facilitate the implementation of entrepreneurial ideas of the beneficiaries aspiring to start a business “from zero” through expanding their entrepreneurial knowledge and increasing access to finance.
The measure can be applicable for persons wishing to engage in entrepreneurial activity and those organizations or individual entrepreneurs wjpse legal registration in the territory of the Republic of Armenia dates back for up to 3 years (except for the activity in retail and wholesale trade), which:
Beneficiaries who meet the criteria of the measure shall fill in the online APPLICATION form for participation. After periodic review of the submitted applications, the selection of participants is carried out. Participants who pass the selection stage take a digital literacy test, which is followed by a course aimed at enhancement of entrepreneurship knowledge.
If necessary, participants are encouraged to participate in the digital literacy training course prior to the course on enhancement of entrepreneurship knowledge.
In parallel with the training course, the participants simultaneously develop and improve their business models.
Upon successful completion of the course on enhancement of entrepreneurship knowledge, for realization of their business projects the participants sign a loan guarantee agreement to benefit from the loan mechanism at privilege rates.
The terms of the loan provided with application of the support tools are as follows:
For more information, call the Investment Support Center at 8105.