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EU4BUSINESS
EU4Business interventions result in creating and sustaining jobs, higher SME growth and increased SME exports. E U 4 B u s i n e s s P o r t f o l i o. 116 projects were providing support to SMEs in 2019 with a total budget of €787.33 million. Access to Finance €325.98 EU4BUSINESS INITIATIVE EU4Business interventions help generate and sustain jobs, stimulate higher SME growth, and expand SME exports. In 2019, 78,995 SMEs were supported through the EU4Business Initiative, generating an extra €1.3 billion in income and 117,254 new jobs, growing their turnover by 16.1%, and increasing their exports by 5.9% as a result. NEWS - EU4BUSINESS.EU News EU4Business Community. EU4Business is an EU initiative that helps SMEs in the six countries of the Eastern Partnership region to realise their full potential and boost economic growth. FROM TREE TO TABLE, AZERI DRIED FRUIT IS A BIG HIT AT HOME From tree to table, Azeri dried fruit is a big hit at home and abroad. 15.02.2021. Sometimes a really good idea can turn a profit in less than a year. With EU support, Rafael Sulkhayev’s family has not only managed to open a dried fruit business in 2020, just as the coronavirus pandemic raged, but to even export hundreds of tonnes ofits
EU4BUSINESS PUBLISHES COUNTRY REPORTS ON SME SUPPORT IN EU4Business published six separate country reports, covering all EU support to SMEs in the six Eastern Partnership (EaP) countries – Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. The country reports provide detailed information about EU assistance per country across all three priority areas of the programme: access tofinance
AGRICULTURAL PRODUCER INVESTS FOR EXPORT, WITH THE HELP OF Agricultural producer invests for export, with the help of EU4Business. With the help of EU4Business and the European Bank for Reconstruction and Development (EBRD), an agricultural producer in the Cherkassy region of Ukraine has been able to secure a loan to upgrade its fleet of combine harvesters and acquire supplementary agriculturalequipment.
EASTERN PARTNERSHIP: READY TO TRADE EU4Business is an EU initiative that helps SMEs in the six countries of the Eastern Partnership region to realise their full potential and boost economic growth. NEW PROJECT TO ENHANCE FINANCIAL INCLUSION AND The European Union pledges €4.5 million through the Georgia Financial Inclusion and Accountability project, which will be implemented by the World Bank. TUI-TUI ECO LODGE EXPANDS TOURISM IN MOUNTAINOUS ARMENIAN Tui-Tui Eco Lodge expands tourism in mountainous Armenian corner. 27.04.2021. The Berlin Art Hotel project called “Nature and Adventure Village” is hoping to expand the infrastructure of Krashen, an alpine village nestled in northeastern Armenia, and turn it into a magnet for tourists—for adventure, health, sports, andgreen tourism.
EASTERN PARTNERSHIP TRADE HELPDESK PROJECT TO BOOST TRADE (Geneva/ Kyiv) Companies in Ukraine will soon have increased capacity to identify trade opportunities with the European Union and within the Eastern Partnership region as part of the Eastern Partnership (EaP) Trade Helpdesk project. On 1 June, the International Trade Centre (ITC), in partnership with the Delegation of the European Union to Ukraine and the Ministry of Economy of UkraineEU4BUSINESS
EU4Business interventions result in creating and sustaining jobs, higher SME growth and increased SME exports. E U 4 B u s i n e s s P o r t f o l i o. 116 projects were providing support to SMEs in 2019 with a total budget of €787.33 million. Access to Finance €325.98 EU4BUSINESS INITIATIVE EU4Business interventions help generate and sustain jobs, stimulate higher SME growth, and expand SME exports. In 2019, 78,995 SMEs were supported through the EU4Business Initiative, generating an extra €1.3 billion in income and 117,254 new jobs, growing their turnover by 16.1%, and increasing their exports by 5.9% as a result. NEWS - EU4BUSINESS.EU News EU4Business Community. EU4Business is an EU initiative that helps SMEs in the six countries of the Eastern Partnership region to realise their full potential and boost economic growth. FROM TREE TO TABLE, AZERI DRIED FRUIT IS A BIG HIT AT HOME From tree to table, Azeri dried fruit is a big hit at home and abroad. 15.02.2021. Sometimes a really good idea can turn a profit in less than a year. With EU support, Rafael Sulkhayev’s family has not only managed to open a dried fruit business in 2020, just as the coronavirus pandemic raged, but to even export hundreds of tonnes ofits
EU4BUSINESS PUBLISHES COUNTRY REPORTS ON SME SUPPORT IN EU4Business published six separate country reports, covering all EU support to SMEs in the six Eastern Partnership (EaP) countries – Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. The country reports provide detailed information about EU assistance per country across all three priority areas of the programme: access tofinance
AGRICULTURAL PRODUCER INVESTS FOR EXPORT, WITH THE HELP OF Agricultural producer invests for export, with the help of EU4Business. With the help of EU4Business and the European Bank for Reconstruction and Development (EBRD), an agricultural producer in the Cherkassy region of Ukraine has been able to secure a loan to upgrade its fleet of combine harvesters and acquire supplementary agriculturalequipment.
EASTERN PARTNERSHIP: READY TO TRADE Browse the video summarizing the results of the 2020 yearly activities of the Eastern Partnership: Ready to Trade - an EU4Business Initiative in Armenia to get to know more about the stories of SMEs whobenefitted.
NEW PROJECT TO ENHANCE FINANCIAL INCLUSION AND The European Union pledges €4.5 million through the Georgia Financial Inclusion and Accountability project, which will be implemented by the World Bank. TUI-TUI ECO LODGE EXPANDS TOURISM IN MOUNTAINOUS ARMENIAN Tui-Tui Eco Lodge expands tourism in mountainous Armenian corner. 27.04.2021. The Berlin Art Hotel project called “Nature and Adventure Village” is hoping to expand the infrastructure of Krashen, an alpine village nestled in northeastern Armenia, and turn it into a magnet for tourists—for adventure, health, sports, andgreen tourism.
EASTERN PARTNERSHIP TRADE HELPDESK PROJECT TO BOOST TRADE (Geneva/ Kyiv) Companies in Ukraine will soon have increased capacity to identify trade opportunities with the European Union and within the Eastern Partnership region as part of the Eastern Partnership (EaP) Trade Helpdesk project. On 1 June, the International Trade Centre (ITC), in partnership with the Delegation of the European Union to Ukraine and the Ministry of Economy of Ukraine PORTFOLIO - EU4BUSINESS When it comes to supporting SMEs, EU4Business has three key approaches: improving access to finance, improving services to business, and promoting better business regulations. REPORTS - EU4BUSINESS EU4Business is an EU initiative that helps SMEs in the six countries of the Eastern Partnership region to realise their full potential and boost economic growth. EU4BUSINESS ANNUAL REPORT 2020 The Annual Report shows an extra €1.3 billion income for small and medium-sized enterprises, which received support through the European Union’s EU4Business initiative in 2019. Almost 80,000 companies in Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine received assistance and managed to create over 117,000 new jobs. View report. SUPPORT - EU4BUSINESS The World Bank Group is one of the world’s largest sources of funding and knowledge for developing countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. The EBRD is owned by 69 countries, the European Union and the European Investment Bank. EASTERN PARTNERSHIP TRADE HELPDESK PROJECT TO INCREASE (Geneva/Tbilisi) On the 30 March 2021, the International Trade Centre (ITC), in partnership with the Ministry of Economy and Sustainable Development of Georgia, organized the first virtual national stakeholder meeting on the Eastern Partnership (EaP) Trade Helpdesk Project. The project, launched in late 2019, is a EU4Business initiative that is being implemented by ITC, a joint agency of the EU4BUSINESS-FORBIZ PRESENTS ITS RESULTS IN REGULATORY AND On May 19, EU4Business-FORBIZ, the EU flagship business support initiative, which guided the work of the Better Regulation Delivery Office (BRDO) and SME Development Office (SMEDO) in Ukraine, presented the results of its five-year activity in Ukraine. ROAD MAP OF UKRAINIAN BERRIES SECTOR DEVELOPMENT: PUBLIC On 16 April, the International Trade Centre in partnership with the Ministry of Agrarian Policy and Food of Ukraine conducted a Round Table discussion on the Road Map of Ukrainian berries sector development, as part of the EU4Business Ready to Trade project.. The event was attended by the representatives of government and state institutions, as main stakeholders, and by the business support MODA UK: EU4BUSINESS SUPPORTS UKRAINIAN MANUFACTURERS TO Ukrainian clothing and footwear manufacturers have an opportunity to take part in the UK's number one trade fashion event, MODA UK in Birmingham, on 5-7 August, with the support of the EBRD in the framework of the EU-funded EU4Business initiative.IMPACT SUMMARY
EU4Business is an umbrella initiative of the European Union covering all EU support to SMEs in the 6 Eastern Partnership countries –Armenia,
EU4BUSINESS.EU
eu4business.eu
EU4BUSINESS
EU4Business interventions result in creating and sustaining jobs, higher SME growth and increased SME exports. E U 4 B u s i n e s s P o r t f o l i o. 116 projects were providing support to SMEs in 2019 with a total budget of €787.33 million. Access to Finance €325.98 PROJECTS - EU4BUSINESS Projects. Combining support from the EU with the European expertise, EU4Business programmes are implemented through our partner organisations. In 2019, the EU4Business umbrella included 116 active projects implemented by 62 partners. These projects can address multiple areas (A2F, BDS and BEE) and budgets are not exclusively focused on one area. RESULTS - EU4BUSINESS EU4Business efforts lead to higher SME revenue growth, increased exports, more new jobs being generated, and more existing jobs beingretained.
LIBRARY - EU4BUSINESS Library All Media. EU4Business is an EU initiative that helps SMEs in the six countries of the Eastern Partnership region to realise their full potential and boost economic growth.SUCCESS STORIES
Maxavto offers bikes for car repairs, training for young people in Belarus. 29.04.2021. The idea that “together we can move mountains” served the Maxavto service station in Maladzečna very well indeed: not only did they improve their service level, but also benefited local residents. How? FROM TREE TO TABLE, AZERI DRIED FRUIT IS A BIG HIT AT HOME From tree to table, Azeri dried fruit is a big hit at home and abroad. 15.02.2021. Sometimes a really good idea can turn a profit in less than a year. With EU support, Rafael Sulkhayev’s family has not only managed to open a dried fruit business in 2020, just as the coronavirus pandemic raged, but to even export hundreds of tonnes ofits
EU4BUSINESS
The European Union’s EU4Business breaks down these barriers with finance, support and training to help small businesses realise their full potential. EU4Business support is delivered together with other organisations such as the European Bank for Reconstruction and Development and the European Investment Bank. EU4BUSINESS PUBLISHES COUNTRY REPORTS ON SME SUPPORT IN EU4Business published six separate country reports, covering all EU support to SMEs in the six Eastern Partnership (EaP) countries – Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. The country reports provide detailed information about EU assistance per country across all three priority areas of the programme: access tofinance
AGRICULTURAL PRODUCER INVESTS FOR EXPORT, WITH THE HELP OF Agricultural producer invests for export, with the help of EU4Business. With the help of EU4Business and the European Bank for Reconstruction and Development (EBRD), an agricultural producer in the Cherkassy region of Ukraine has been able to secure a loan to upgrade its fleet of combine harvesters and acquire supplementary agriculturalequipment.
EU4BUSINESS AND EBRD HELP GEORGIAN DIGITAL AGENCY BUILDSEE MORE ONEU4BUSINESS.EU
EU4BUSINESS
EU4Business interventions result in creating and sustaining jobs, higher SME growth and increased SME exports. E U 4 B u s i n e s s P o r t f o l i o. 116 projects were providing support to SMEs in 2019 with a total budget of €787.33 million. Access to Finance €325.98 PROJECTS - EU4BUSINESS Projects. Combining support from the EU with the European expertise, EU4Business programmes are implemented through our partner organisations. In 2019, the EU4Business umbrella included 116 active projects implemented by 62 partners. These projects can address multiple areas (A2F, BDS and BEE) and budgets are not exclusively focused on one area. RESULTS - EU4BUSINESS EU4Business efforts lead to higher SME revenue growth, increased exports, more new jobs being generated, and more existing jobs beingretained.
LIBRARY - EU4BUSINESS Library All Media. EU4Business is an EU initiative that helps SMEs in the six countries of the Eastern Partnership region to realise their full potential and boost economic growth.SUCCESS STORIES
Maxavto offers bikes for car repairs, training for young people in Belarus. 29.04.2021. The idea that “together we can move mountains” served the Maxavto service station in Maladzečna very well indeed: not only did they improve their service level, but also benefited local residents. How? FROM TREE TO TABLE, AZERI DRIED FRUIT IS A BIG HIT AT HOME From tree to table, Azeri dried fruit is a big hit at home and abroad. 15.02.2021. Sometimes a really good idea can turn a profit in less than a year. With EU support, Rafael Sulkhayev’s family has not only managed to open a dried fruit business in 2020, just as the coronavirus pandemic raged, but to even export hundreds of tonnes ofits
EU4BUSINESS
The European Union’s EU4Business breaks down these barriers with finance, support and training to help small businesses realise their full potential. EU4Business support is delivered together with other organisations such as the European Bank for Reconstruction and Development and the European Investment Bank. EU4BUSINESS PUBLISHES COUNTRY REPORTS ON SME SUPPORT IN EU4Business published six separate country reports, covering all EU support to SMEs in the six Eastern Partnership (EaP) countries – Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. The country reports provide detailed information about EU assistance per country across all three priority areas of the programme: access tofinance
AGRICULTURAL PRODUCER INVESTS FOR EXPORT, WITH THE HELP OF Agricultural producer invests for export, with the help of EU4Business. With the help of EU4Business and the European Bank for Reconstruction and Development (EBRD), an agricultural producer in the Cherkassy region of Ukraine has been able to secure a loan to upgrade its fleet of combine harvesters and acquire supplementary agriculturalequipment.
EU4BUSINESS AND EBRD HELP GEORGIAN DIGITAL AGENCY BUILDSEE MORE ONEU4BUSINESS.EU
PORTFOLIO - EU4BUSINESS When it comes to supporting SMEs, EU4Business has three key approaches: improving access to finance, improving services to business, and promoting better business regulations. RESULTS - EU4BUSINESS EU4Business efforts lead to higher SME revenue growth, increased exports, more new jobs being generated, and more existing jobs beingretained.
EVENTS - EU4BUSINESS.EU EU4Business is an EU initiative that helps SMEs in the six countries of the Eastern Partnership region to realise their full potential and boost economic growth. REPORTS - EU4BUSINESS EU4Business is an EU initiative that helps SMEs in the six countries of the Eastern Partnership region to realise their full potential and boost economic growth.EU4BUSINESS
The European Union’s EU4Business breaks down these barriers with finance, support and training to help small businesses realise their full potential. EU4Business support is delivered together with other organisations such as the European Bank for Reconstruction and Development and the European Investment Bank. NEWSLETTER - EU4BUSINESS EU4Business is an EU initiative that helps SMEs in the six countries of the Eastern Partnership region to realise their full potential and boost economic growth. MODA UK: EU4BUSINESS SUPPORTS UKRAINIAN MANUFACTURERS TO Ukrainian clothing and footwear manufacturers have an opportunity to take part in the UK's number one trade fashion event, MODA UK in Birmingham, on 5-7 August, with the support of the EBRD in the framework of the EU-funded EU4Business initiative. COVID LOCKDOWN BENEFITS UKRAINE’S BIGGEST AQUAPARK The 12-year old Pliazh Aquapark in Lviv is not only the biggest in Western Ukraine, but it was also the first Ukrainian aquapark to meet European standards and was a pioneer in this business. For years, it attracted residents of Lviv and visitors while providing a good model of know-how, experience and professionalism for aquaparks in other EBRD AND EU4BUSINESS HELP ORGANIC HERBAL TEAS SPREAD EBRD and EU4Business help organic herbal teas spread nature’s healing power. 31.01.2020. A distinctive natural environment like Armenian soil, plenty of sun and lots of fresh water combine to ensure the unique taste and healing qualities of whole leaf herbal teas that EDNA LLC gathers, processes, mixes and packages according to thehighest
EU4BUSINESS.EU
eu4business.eu
EU4BUSINESS
EU4Business interventions result in creating and sustaining jobs, higher SME growth and increased SME exports. E U 4 B u s i n e s s P o r t f o l i o. 116 projects were providing support to SMEs in 2019 with a total budget of €787.33 million. Access to Finance €325.98 PROJECTS - EU4BUSINESS Projects. Combining support from the EU with the European expertise, EU4Business programmes are implemented through our partner organisations. In 2019, the EU4Business umbrella included 116 active projects implemented by 62 partners. These projects can address multiple areas (A2F, BDS and BEE) and budgets are not exclusively focused on one area. RESULTS - EU4BUSINESS EU4Business efforts lead to higher SME revenue growth, increased exports, more new jobs being generated, and more existing jobs beingretained.
LIBRARY - EU4BUSINESS Library All Media. EU4Business is an EU initiative that helps SMEs in the six countries of the Eastern Partnership region to realise their full potential and boost economic growth.SUCCESS STORIES
Maxavto offers bikes for car repairs, training for young people in Belarus. 29.04.2021. The idea that “together we can move mountains” served the Maxavto service station in Maladzečna very well indeed: not only did they improve their service level, but also benefited local residents. How? FROM TREE TO TABLE, AZERI DRIED FRUIT IS A BIG HIT AT HOME From tree to table, Azeri dried fruit is a big hit at home and abroad. 15.02.2021. Sometimes a really good idea can turn a profit in less than a year. With EU support, Rafael Sulkhayev’s family has not only managed to open a dried fruit business in 2020, just as the coronavirus pandemic raged, but to even export hundreds of tonnes ofits
EU4BUSINESS
The European Union’s EU4Business breaks down these barriers with finance, support and training to help small businesses realise their full potential. EU4Business support is delivered together with other organisations such as the European Bank for Reconstruction and Development and the European Investment Bank. EU4BUSINESS PUBLISHES COUNTRY REPORTS ON SME SUPPORT IN EU4Business published six separate country reports, covering all EU support to SMEs in the six Eastern Partnership (EaP) countries – Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. The country reports provide detailed information about EU assistance per country across all three priority areas of the programme: access tofinance
AGRICULTURAL PRODUCER INVESTS FOR EXPORT, WITH THE HELP OF Agricultural producer invests for export, with the help of EU4Business. With the help of EU4Business and the European Bank for Reconstruction and Development (EBRD), an agricultural producer in the Cherkassy region of Ukraine has been able to secure a loan to upgrade its fleet of combine harvesters and acquire supplementary agriculturalequipment.
EU4BUSINESS AND EBRD HELP GEORGIAN DIGITAL AGENCY BUILDSEE MORE ONEU4BUSINESS.EU
EU4BUSINESS
EU4Business interventions result in creating and sustaining jobs, higher SME growth and increased SME exports. E U 4 B u s i n e s s P o r t f o l i o. 116 projects were providing support to SMEs in 2019 with a total budget of €787.33 million. Access to Finance €325.98 PROJECTS - EU4BUSINESS Projects. Combining support from the EU with the European expertise, EU4Business programmes are implemented through our partner organisations. In 2019, the EU4Business umbrella included 116 active projects implemented by 62 partners. These projects can address multiple areas (A2F, BDS and BEE) and budgets are not exclusively focused on one area. RESULTS - EU4BUSINESS EU4Business efforts lead to higher SME revenue growth, increased exports, more new jobs being generated, and more existing jobs beingretained.
LIBRARY - EU4BUSINESS Library All Media. EU4Business is an EU initiative that helps SMEs in the six countries of the Eastern Partnership region to realise their full potential and boost economic growth.SUCCESS STORIES
Maxavto offers bikes for car repairs, training for young people in Belarus. 29.04.2021. The idea that “together we can move mountains” served the Maxavto service station in Maladzečna very well indeed: not only did they improve their service level, but also benefited local residents. How? FROM TREE TO TABLE, AZERI DRIED FRUIT IS A BIG HIT AT HOME From tree to table, Azeri dried fruit is a big hit at home and abroad. 15.02.2021. Sometimes a really good idea can turn a profit in less than a year. With EU support, Rafael Sulkhayev’s family has not only managed to open a dried fruit business in 2020, just as the coronavirus pandemic raged, but to even export hundreds of tonnes ofits
EU4BUSINESS
The European Union’s EU4Business breaks down these barriers with finance, support and training to help small businesses realise their full potential. EU4Business support is delivered together with other organisations such as the European Bank for Reconstruction and Development and the European Investment Bank. EU4BUSINESS PUBLISHES COUNTRY REPORTS ON SME SUPPORT IN EU4Business published six separate country reports, covering all EU support to SMEs in the six Eastern Partnership (EaP) countries – Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. The country reports provide detailed information about EU assistance per country across all three priority areas of the programme: access tofinance
AGRICULTURAL PRODUCER INVESTS FOR EXPORT, WITH THE HELP OF Agricultural producer invests for export, with the help of EU4Business. With the help of EU4Business and the European Bank for Reconstruction and Development (EBRD), an agricultural producer in the Cherkassy region of Ukraine has been able to secure a loan to upgrade its fleet of combine harvesters and acquire supplementary agriculturalequipment.
EU4BUSINESS AND EBRD HELP GEORGIAN DIGITAL AGENCY BUILDSEE MORE ONEU4BUSINESS.EU
PORTFOLIO - EU4BUSINESS When it comes to supporting SMEs, EU4Business has three key approaches: improving access to finance, improving services to business, and promoting better business regulations. RESULTS - EU4BUSINESS EU4Business efforts lead to higher SME revenue growth, increased exports, more new jobs being generated, and more existing jobs beingretained.
EVENTS - EU4BUSINESS.EU EU4Business is an EU initiative that helps SMEs in the six countries of the Eastern Partnership region to realise their full potential and boost economic growth. REPORTS - EU4BUSINESS EU4Business is an EU initiative that helps SMEs in the six countries of the Eastern Partnership region to realise their full potential and boost economic growth.EU4BUSINESS
The European Union’s EU4Business breaks down these barriers with finance, support and training to help small businesses realise their full potential. EU4Business support is delivered together with other organisations such as the European Bank for Reconstruction and Development and the European Investment Bank. NEWSLETTER - EU4BUSINESS EU4Business is an EU initiative that helps SMEs in the six countries of the Eastern Partnership region to realise their full potential and boost economic growth. MODA UK: EU4BUSINESS SUPPORTS UKRAINIAN MANUFACTURERS TO Ukrainian clothing and footwear manufacturers have an opportunity to take part in the UK's number one trade fashion event, MODA UK in Birmingham, on 5-7 August, with the support of the EBRD in the framework of the EU-funded EU4Business initiative. COVID LOCKDOWN BENEFITS UKRAINE’S BIGGEST AQUAPARK The 12-year old Pliazh Aquapark in Lviv is not only the biggest in Western Ukraine, but it was also the first Ukrainian aquapark to meet European standards and was a pioneer in this business. For years, it attracted residents of Lviv and visitors while providing a good model of know-how, experience and professionalism for aquaparks in other EBRD AND EU4BUSINESS HELP ORGANIC HERBAL TEAS SPREAD EBRD and EU4Business help organic herbal teas spread nature’s healing power. 31.01.2020. A distinctive natural environment like Armenian soil, plenty of sun and lots of fresh water combine to ensure the unique taste and healing qualities of whole leaf herbal teas that EDNA LLC gathers, processes, mixes and packages according to thehighest
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Helping
Small and medium
enterprises cope
with effects of covid-19 EU4Business is an umbrella initiative of the European Union that includes all EU support to small and medium enterprises in Armenia, Azerbaijan, Belarus, Georgia, Moldova, Ukraine. EU4Business Portfolio increases by 12% in 2020 to €882 million in response to COVID Crisis in EAP. More data on 2020 Portfolio to follow soon. Overview of our results in 201978,995
SMEs supported
Read more about Results117,254
new jobs created
Read more about Results€1.3 bln
extra income generated Read more about Results+21%
of EU-supported SMEs increased their staff Read more about Results+16.1%
growth in SMEs’ turnover recorded Read more about Results+5.9%
EU-supported SMEs engaged in exporting Read more about Results+3.4%
EU-supported SMEs increased their exports Read more about Results6,946
loans given to SMEs
Read more about Results68,752
consultancy services delivered to SMEs Read more about Results714
laws, policies and regulations reformed Read more about Results Mark Formelle takes to the catwalk of growth Azerbaijani woman builds successful gourmet service from the ground up The science of beekeeping, mastered by a woman from Sipka village Organic herbal teas spread nature’s healing power Western Ukraine’s biggest aquapark broadens its business An abandoned building turns into an international hotel brand116
projects
that support SMEs across the EaP (Armenia, Azerbaijan, Belarus, Georgia, Moldova, Ukraine) in 2019€ 787.33
million
total budget of EU Support in 2019 Small and medium-sized enterprises (SMEs) in the EU’s Eastern Partnership region have the potential to create jobs and driveeconomic growth.
Obstacles such as limited access to finance, burdensome legislation and difficulties entering new markets are hindering their progress. EU4Business supports SMEs through improving access to finance, promoting better business regulations, improving services to business, and taking advantage of trade opportunities. EU4Business interventions result in creating and sustaining jobs, higher SME growth and increased SME exports. ------------------------- EU4Business Portfolio 116 projects were providing support to SMEs in 2019 with a total budget of €787.33 million. * Access to Finance €325.98mln * Business Development Services €307.08mln * Business Enabling Environment €154.27mln EU4Business projects and programmes are implemented by 62 partners, among them various international organizations such as the EBRD, EIB, KfW, the OECD, the World Bank, ITC, UNDP and others.Read more
116
projects
27
projects in Moldova
34
projects in Azerbaijan26
projects in Armenia
19
projects in Belarus
47
projects in Georgia
39
projects in Ukraine
-------------------------Success stories
Maxavto offers bikes for car repairs, training for young people inBelarus
29.04.2021
Azeri women in the spotlight as businesses expand despite pandemic29.04.2021
Moving from words to businesses29.04.2021
3-day business plan gets Melitopol tailor UNDP grant to set up shop27.04.2021
Navne saves and expands business amid the pandemic with EU and EIBGroup support
03.06.2021
Georgian biotech company to increase production of sustainable veterinary antibiotic alternative with EU and FAO support03.06.2021
How 150 business owners from Kobryn launched a business school14.05.2021
An eco-farm flourishes near the front in Donetsk Oblast in Ukraine11.05.2021
Moldova’s Litterarum Lyceum invests in young generation11.05.2021
Waste not, want not, says Belarus couple with a farm business29.04.2021
Maxavto offers bikes for car repairs, training for young people inBelarus
29.04.2021
Azeri women in the spotlight as businesses expand despite pandemic29.04.2021
Moving from words to businesses29.04.2021
3-day business plan gets Melitopol tailor UNDP grant to set up shop27.04.2021
Navne saves and expands business amid the pandemic with EU and EIBGroup support
03.06.2021
Georgian biotech company to increase production of sustainable veterinary antibiotic alternative with EU and FAO support03.06.2021
How 150 business owners from Kobryn launched a business school14.05.2021
An eco-farm flourishes near the front in Donetsk Oblast in Ukraine11.05.2021
Moldova’s Litterarum Lyceum invests in young generation11.05.2021
Waste not, want not, says Belarus couple with a farm business29.04.2021
Maxavto offers bikes for car repairs, training for young people inBelarus
29.04.2021
Azeri women in the spotlight as businesses expand despite pandemic29.04.2021
Moving from words to businesses29.04.2021
3-day business plan gets Melitopol tailor UNDP grant to set up shop27.04.2021
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Covid-19
Information Support Centre for SMEs by EU4Business International OrganizationsWorld Bank
The World Bank Group is one of the world’s largest sources of funding and knowledge for developing countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. International Organizations European Bank for Reconstruction and Development The EBRD is owned by 69 countries, the European Union and the European Investment Bank. Founded in 1991 to create a new post-Cold War era in central and eastern Europe, the Bank is now doing more than ever before - across three continents - to further progress towards ‘market-oriented economies and the promotion of private and entrepreneurial initiative. International Organizations European Investment Bank The European Investment Bank is the lending arm of the European Union. We are the biggest multilateral financial institution in the world and one of the largest providers of climate finance. International Organizations International Trade Centre (ITC) The International Trade Centre (ITC) is the only development agency that is fully dedicated to supporting the internationalization of small and medium-sized enterprises (SMEs). International Organizations Organisation for Economic Co-operation and Development (OECD) The Organisation for Economic Co-operation and Development (OECD) is an international organisation that works to build better policies for better lives. Our goal is to shape policies that foster prosperity, equality, opportunity and well-being for all. We draw on almost 60 years of experience and insights to better prepare the world oftomorrow.
International Organizations United Nations Development Programme UNDP works in about 170 countries and territories, helping to achieve the eradication of poverty, and the reduction of inequalities andexclusion.
International OrganizationsWorld Bank
The World Bank Group is one of the world’s largest sources of funding and knowledge for developing countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. International Organizations European Bank for Reconstruction and Development The EBRD is owned by 69 countries, the European Union and the European Investment Bank. Founded in 1991 to create a new post-Cold War era in central and eastern Europe, the Bank is now doing more than ever before - across three continents - to further progress towards ‘market-oriented economies and the promotion of private and entrepreneurial initiative. International Organizations European Investment Bank The European Investment Bank is the lending arm of the European Union. We are the biggest multilateral financial institution in the world and one of the largest providers of climate finance. International Organizations International Trade Centre (ITC) The International Trade Centre (ITC) is the only development agency that is fully dedicated to supporting the internationalization of small and medium-sized enterprises (SMEs). International Organizations Organisation for Economic Co-operation and Development (OECD) The Organisation for Economic Co-operation and Development (OECD) is an international organisation that works to build better policies for better lives. Our goal is to shape policies that foster prosperity, equality, opportunity and well-being for all. We draw on almost 60 years of experience and insights to better prepare the world oftomorrow.
International Organizations United Nations Development Programme UNDP works in about 170 countries and territories, helping to achieve the eradication of poverty, and the reduction of inequalities andexclusion.
International OrganizationsWorld Bank
The World Bank Group is one of the world’s largest sources of funding and knowledge for developing countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. Over 62 partners worldwide* 1
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EU4Business is an EU initiative that helps SMEs in the six countries of the Eastern Partnership region to realise their full potential and boost economic growth. This website was created and maintained with the support of the European Union. Its contents are the sole responsibility of the EU4Business Facility and do not necessarily reflect the views of theEuropean Union.
Local websites:
* Armenia
* Azerbaijan
* Belarus
* Georgia
* Republic of Moldova* Ukraine
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