News/Press

Dried fruit are among the sectors supported by the project
The International Trade Centre (ITC) has officially launched the EU4Business ‘Ready to Trade’ project in Armenia. The purpose of the event was to present to the business community, institutions and government officials the main findings of its value chain analysis for selected product groups, and the roadmap of forthcoming project activities. The launch event took place in Yerevan on 4 July. In...
Hazelnuts are among the sectors supported by the project in Georgia
The International Trade Centre (ITC) has officially launched the EU4Business ‘Ready to Trade’ project in Georgia. The launch event saw a presentation to the business community, institutions and government officials the key features of the project in Georgia, including the main findings of the value chain analysis for the selected product groups and the roadmap of project activities. In Georgia,...
Bridging the Gap: EFSE impact report
The European Fund for Southeast Europe (EFSE) released its Impact Report today, showcasing the fund’s accomplishments in supporting entrepreneurs as the drivers of micro and small enterprises (MSEs) – the economic backbone of the fund’s target regions. EFSE aims to foster economic development and prosperity in Southeastern Europe and in the European Eastern Neighbourhood region – where it...
An ICT Cluster has been established by an EU4Business project implemented in Georgia
A strategy for the development of a Georgian ICT Cluster was discussed at a workshop recently hosted at the Tbilisi Tech Park by Georgia’s Innovation and Technology Agency (GITA), with the support of the EU-funded SME Development and DCFTA in Georgia project, implemented by GIZ in the framework of the EU4Business initiative. The cluster has been established as part of the project’s business...
Swedish ambassador Signe Burgstaller and Angela Sax, head of EBRD in Moldova
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...
Assessing the SME framework in Armenia
A meeting of the SBA Public-Private Working Group took place in Yerevan on 11 July, to l aunch the third cycle of the Small Business Act for Europe (SBA) Assessment, organised by the OECD in the framework of the EU-funded project ‘ EU4Business: From Policies to Action ’. The Small Business Act for Europe is an overarching framework for EU policy on SMEs. It aims to improve the approach to...
Doing business in Ukraine’s regions 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 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...
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...
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...