News/Press

Swedish ambassador Signe Burgstaller and Angela Sax, head of EBRD in Moldova
Sweden steps up support for EU4Business Women in Business programme in Moldova
Moldova
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17/07/2018
The European Bank for Reconstruction and Development (EBRD) will step up its support for women-led businesses in Moldova with €2.5 million in new grant financing from the government of Sweden. The funds will boost the Bank’s Women in Business programme, co-funded by the EU under its EU4Business initiative, which helps female entrepreneurs innovate through business advice, training, long-term...
Doing business in Ukraine’s regions 2018
Which Ukrainian city is the best for doing business?
Ukraine
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06/07/2018
The Better Regulation Delivery Office (BRDO) and the Ukrainian Union of Entrepreneurs (UUE) have launched their second regional analysis of ease of doing business, which will result in the publication of the Regional Doing Business rating. The research is based on the World Bank’s methodology, which has been adapted to the country’s specific regional features. The BRDO is funded by the European...
Six Armenia start-ups win innovation grants
Armenia
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04/07/2018
Six Armenian start-ups will receive up to €35,000 in seed funding from the EU-SMEDA project, implemented as part of the EU4Business initiative, after winning the final stage of the EU-supported Innovation Matching Grants competition (IMG) - IMG Venture Forum, held on June 29 at the Vanadzor Technology Centre. The 16 shortlisted start-ups had undergone a process of pre-selection, excessive...
Where to get money for business development in Ukraine
Ukraine
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29/06/2018
Ukrainian businesses that want to enter the global market will have to invest a lot in its development . Resources will be required to study foreign markets, visit other countries, adapt their products to the needs of the market, search for partners and promote the goods. This was discussed at a conference for entrepreneurs that took place in Odessa – “Business together with the EU: how to enter...
Finance, skills and jobs and policy reform: EU4Business well on track to meet 2020 deliverables on SME development
29/06/2018
More than 10,000 SMEs in the Eastern Partnership countries received loans worth a total of over €593 million under EU4Business in the period 2016-17, and over 1,500 received advisory services, while almost 8,400 received training and more than 20,000 attended events organised under the initiative. These are just some of the achievements highlighted in the 2018 EU4Business Annual Report presented...
The Grovf team at work
EU4Business helps Armenian start-up win Horizon 2020 grant
Armenia
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28/06/2018
Grovf – an Armenian startup supported by EU4Business and engaged in the Internet of Things (IoT) and database hardware accelaration – has been awarded a grant from Horizon 2020 – the biggest EU Research and Innovation programme. Grovf was supported and guided by the EU-SMEDA (Support to SME development in Armenia) project throughout the whole application process and this is now their second...
Two hotels and souvenir production open in Syunik province of Armenia as a result of EU support
Armenia
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28/06/2018
Three new enterprises have opened in Sisian and Goris cities in the Syunik region of Armenia, in the frameworks of the EU-funded project on ‘Boosting Competitiveness of regional SMEs, implemented by SME DNC as part of the EU4Business initiative. Speaking at the opening ceremony, SME DNC Executive Director Levon Mnatsakanyan said, “the activities of the newly opened enterprises will contribute to...
Commissioner Johannes Hahn
Eastern Partnership: EU and neighbouring countries boost cooperation on the digital economy
25/06/2018
The EU and the six Eastern Partner countries have agreed to step up their cooperation on the digital economy, adopting a road map on reducing roaming charges, addressing the cybersecurity threat in a coordinated manner, and expanding e-services to create more jobs in the digital industry. Speaking in Minsk, Belarus, where he was taking part in the 10th Eastern Partnership Informal Partnership...
Minsk furniture forum
Minsk Furniture Forum hears EBRD plans to step up support
Belarus
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25/06/2018
More than 80 participants gathered at the Furniture Forum in Minsk on 20 June - a sectoral event within the framework of the EBRD's Advice for Small Businesses Programme and the EU4Business initiative in Belarus, where they were able to hear the best international practices, meet market leaders and exchange views. The EBRD’s Yuriy Serikov told the conference that the EBRD was counting on the...
Students in Support of Social Enterprises
Georgian EU-funded project awards innovative students for social enterprises
Georgia
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25/06/2018
The Centre for Strategic Research and Development of Georgia (CSRDG) recently held an award ceremony for the winners of its annual competition ‘ Students in Support of Social Enterprises ’. The competition was organised as part of the EU-funded project Social Entrepreneurship – Innovative Approach for Economic and Social Changes . "Social enterprises have the potential to have real social impact...