News/Press

On 14 December 2018, the German-Ukrainian Fund (GUF) and Lviv Bank signed a partnership agreement on a joint funding support programme for small and medium enterprises (SME), as well as loan agreements for Ukrainian SMEs in the amount of € 3 million, part of which will be provided in the national currency under the EU4Business initiative. "The German-Ukrainian Fund is pleased to expand the number...
Armenian and Georgian filmmakers meeting in Tbilisi
Within the framework of the 19 th Film Festival taking place in the Georgian capital Tbilisi, members of the Independent Filmmakers Community of Armenia (IFCA) have visited the Georgian Film Cluster and the Georgian National Film Centre to establish connections, discuss cooperation opportunities and partnership, and eventually implement joint projects. The visit was supported by the EU4Business...
The OECD has held a workshop in Chisinau on the monitoring of Moldova’s SME Development Strategy, as part of the EU4Business: From Policies to Action project, funded by the European Union. The workshop, held on 29 November , was organised in cooperation with the Ministry of Economy and Infrastructure. It allowed international experts and Moldovan stakeholders involved in the implementation and...
WE ARE THERE TO HEAR THE SMALL BUSINESS AND TO HELP It is well known that small and medium-sized enterprises provide more than half of the GDP in developed countries. That is why the European Business Association wants to gauge the mood of SMEs regarding the business climate in Ukraine. The EBA is initiating a unique survey in order to determine the Small Business Sentiment Index and its...
Investments to finance upgrades of local businesses to EU standards
Small businesses in Moldova will soon be able to improve products and services to European Union (EU) standards, as the EBRD and EU are opening new funding opportunities to upgrade firms’ operations. The EBRD is providing a €5 million loan to the Chisinau-based subsidiary of Banca Comercială Română, or BCR. The financing is provided within the EU4Business-EBRD credit line , which the EU is...
Bank of Georgia information event
The Bank of Georgia recently hosted an information event for clients to present the opportunities afforded by loans and grants provided by the EU4Business-EBRD Credit Line . In total 150 people from a broad spectrum of commercial and industrial companies attended the information event. Tamar Khizanishvili, Head of corporate banking at the Bank of Georgia, welcomed guests in her opening speech and...
Today in Vienna, the Austrian Presidency of the Council of the European Union together with the European Commission will host the 5 th Eastern Partnership Business Forum followed by the Eastern Partnership’s Annual Conference on 7 December. The two events will bring together high level representatives from the EU and the six Eastern Partners - Armenia , Azerbaijan , Belarus , Georgia , the...
Workshop on export quality management and food safety conducted in Georgia
On 26-27 November, the International Trade Centre (ITC) organised a workshop in the Georgian capital Tbilisi on export quality management and food safety. The training was aimed at representatives of companies selected in the framework of the ‘ Eastern Partnership: Ready to Trade ’ project funded by the European Union in the framework of the EU4Buisness initiative. The project aims to improve the...
Some of the winners of the STEP2 grant competition
Armenia
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The winners of the ‘EU4Business Science and Technology Entrepreneurship’ (EU4Business STEP2) grant competition were announced on 27 November after a tough two-day competition and pitching in front of a professional jury and mentors. Fifteen start-up teams were selected out of 29 short-listed teams. All underwent a series of trainings with mentors and coaches to improve their presentation and...
Participants at the workshop on Export Quality Management and Food Safety
On 28-29 November, 16 Armenian companies took part in a workshop in Yerevan on ‘Export Quality Management and Food Safety’ conducted by the International Trade Centre, as part of the ‘ Ready to Trade ’ project funded by the European Union in the framework of the EU4Business initiative. The project aims to improve the competitiveness of small and medium-sized enterprises from Armenia and other...