Youth Business Armenia

Beneficiaries Description:

• At least 80 young people ages 18-35 will participate in business idea generation and orientation sessions in 5 targeted regions
• At least 50 young people out of the above mentioned 80 will participate in business planning trainings in 5 targeted regions
• At least 15 young people out of this cohort will receive subsidized loans to start or scale-up their business.
• At least 20 young people will proceed with their businesses receiving ongoing support

Project Area: Lori, Shirak, Vayots-Dzor, Syunik, Tavush, Gegharkunik and Kotayk regions of Armenia

Project Goal: to support young people in the regions of Armenia in their need for entrepreneurial success, and to contribute to the creation and expansion of youth-led enterprises, thus promoting development of the local private sector and helping to alleviate the poverty and social disparities

Project Objectives:

• Empower 18-35 age young people from the Gegharkunik, Lori, Shirak, Tavush and Syunik regions of Armenia to start or expand their entrepreneurial activities by providing business trainings, consultancy, access to affordable loan capital and continues mentoring to sustain.
• Increase the employment opportunities for the regional young people to remain and work in their communities, improve the economic state of their families and communities.

Find out more