Beneficiaries Description: 30 potential young entrepreneurs from Gegharkunik and Lori marzes of Armenia
Project Area: Gegharkunik and Lori regions of Armenia
Project Goals: 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.
- To empower 23-36 age young people from the Gegharkunik and Lori regions of Armenia to start or expand their entrepreneurial activities - by providing business trainings, consultancy and continues mentoring to sustain.
- To provide prospective young entrepreneurs with an access to affordable loan capital.
- To 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.
|Start Date:||September 1, 2015|
|End Date:||September 30, 2021|
|Coordinator / Responsible Person:||Alina Hovhannisyan|
|Implementer:||JMF, BSC, CEED, WV, CARD|
|Project Cost by JMF:||AMD: 55,607,040 USD: 115,848|
|Project Cost by WV and other donors:||AMD: 37,992,960 USD: 79,152|