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84 start-up entrepreneurs from Ashtarak, Gyumri, Vayk, Charentsavan and nearby settlements have taken free courses aimed at the implementation of their business ideas. The project is realized in the framework of the Small and Medium Entrepreneurship Development National Center (SME DNC) “Start-up Business Support Program” under the scope of Small and Medium Entrepreneurship State Support Annual Programs

As the Center reports in a release, the program involves professional consulting, provision of information, and financial support. As a result of the training, start-up entrepreneurs acquired skills in business planning, marketing, management, production, financial planning, and more.

As envisaged by the project 70 start-up entrepreneurs have created an individual business plan and inspired by their newly acquired entrepreneurial thinking and business skills.

Start-up entrepreneurs also have an opportunity to benefit from SME DNC’s financial assistance. Business plans which receive the highest estimation can apply for lending—implemented through SME DNC partner banks. The conditions for getting financial resources covered by the SME DNC of Armenia include an amount of amount – maximum 5 mln AMD at the annual interest rate of 10%