News/Press

EU4Business project launches Armenia Startup Academy
Armenia
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31/12/2017
The Armenia Startup Academy (ASA) was officially launched in Yerevan this month, based at the Hero House in the Armenian capital. The initiative is supported by the EU4Business SMEDA project (Support to SME Development in Armenia) , and implemented by the Catalyst Foundation, with the aim of boosting the startup ecosystem and bringing Armenian startups to the next level. With the help of a team...
Focus on agricultural SMEs as EFSE establishes partnership with CreditWest Bank in Ukraine
Ukraine
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30/12/2017
The European Fund for Southeast Europe (EFSE) has provided CreditWest Bank, Ukraine, with a financing package of €6 million, including the equivalent of €3 million in local currency, which will allow the bank to expand into small and medium-sized enterprise (SME) financing with particular focus on agricultural businesses. Having started as a corporate bank, CreditWest Bank is diversifying into...
Armenia: SME environment improved but key challenges remain OECD report finds
Armenia
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21/12/2017
Policies to support the development of small and medium-sized enterprises (SMEs) have recently improved in Armenia, but key challenges remain and pose obstacles for the development and internationalisation of SMEs, an OECD report on ‘ Monitoring SME policy reforms in Armenia’ , produced under the EU4Business initiative, has found. The report was produced as part of the Supporting SME...
Energy efficiency: EU4Business training supports consultants in advising SMEs
Ukraine
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20/12/2017
A four-day training on industrial energy efficiency was held on 11-14 December at the Kropyvnytskyi Business Support Centre. The workshop was organised with the support of the EBRD within the framework of the EU4Business initiative, and was aimed at enhancing the skills of participants in the field of energy efficiency and raising the standards of the energy efficiency projects they are...
EU4Business: FORBIZ launches SME pilot project in Chernihiv region
Ukraine
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20/12/2017
The EU4Business FORBIZ project has selected the Chernihiv region to participate in an EU-funded pilot programme that supports regions and cities in Ukraine to successfully formulate and implement development policies for small and medium-sized enterprises (SMEs). The Chernihiv Region State Administration, and the City Councils of Nizhyn and Chernihiv signed a Memorandum of cooperation with FORBIZ...
Deregulation day: Ukrainian government approves raft of measures to cut red tape
Ukraine
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20/12/2017
On December 18, Ukraine’s Cabinet Ministers held a "deregulation day", which resulted in the adoption of 12 business decisions and the abolition of 340 outdated regulations, following initiatives prepared by the Better Regulation Delivery Office (BRDO) in conjunction with the Ministry of Economic Development and the State Regulatory Service, with the support of the EU4Business FORBIZ project. In...
EU4Business: BRDO presents concept for development of market for electric charging stations in Ukraine
Ukraine
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18/12/2017
The development of environmental-friendly transport in Ukraine is being held back by the absence of a regulated market for electric charging stations, according to the Better Regulation Delivery Office (BRDO), set up in Ukraine with the support of EU4Business and the FORBIZ project. If proper infrastructure is to be developed, it is necessary to create transparent conditions for connection to...
Planning for export: EU4Business boost for entrepreneurs in Zaporizhzhya
Ukraine
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18/12/2017
Entrepreneurs from the Zaporizhzhya region of Ukraine recently had the opportunity to take part in an EU4Business training on export practices and trade financing, organised by the European Bank for Reconstruction and Development (EBRD) and hosted by the Zaporizhzhya Business Support Centre. The three-day workshop provided support to SMEs on how to enter new markets, while focusing on payment...
Moldovan Prime Minister Pavel Filip and Belarus Deputy Prime Minister Mihail Rusi at the Moldovan-Belarus Business Forum.
More than 120 Moldovan and Belarusian entrepreneurs gather in Minsk
18/12/2017
More than 120 entrepreneurs from the Republic of Moldova and Belarus took part in the Moldovan-Belarus Business Forum, which took place in Minsk earlier this month. The participants were welcomed by Moldovan Prime Minister Pavel Filip and Belarus Deputy Prime Minister Mihail Rusi. In his speech, Pavel Filip pointed out that Belarus is among the main trading partners of the Republic of Moldova,...
Supporting the implementation of Azerbaijan's SME Roadmap: OECD and Ministry kick off EU4Business project
Azerbaijan
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15/12/2017
The first OECD Working Group meeting on ‘Supporting the implementation and monitoring of Azerbaijan's SME roadmap’ took place on 7 December in Baku, as part of the project ‘EU4Business: From Policies to Action’, implemented by the OECD across the Eastern Partnership and funded by the EU in the framework of its EU4Business initiative. The main objective of the meeting was to kick-off the joint...