EU4Business

You are using an outdated browser. Please upgrade your browser [http://browsehappy.com/] to improve your experience. Up About EU4Business Initiative Portfolio Projects Partners Team Results Impact on SMEs Support in countries Reports Events Media Success stories News Resources Photos Videos Useful materials EU4Business toolkits 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 2019 78,995 SMEs supported Read more about Results 117,254 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 Results 6,946 loans given to SMEs Read more about Results 68,752 consultancy services delivered to SMEs Read more about Results 714 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 brand 116 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 drive economic 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 €325.98 mln Business Development Services €307.08 mln Business Enabling Environment €154.27 mln 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 Azerbaijan 26 projects in Armenia 19 projects in Belarus 47 projects in Georgia 39 projects in Ukraine Success stories Ukrainian doors that open all over the world 30.07.2021 Italian cheese with a Ukrainian twist: How a small company is creating the perfect mozzarella 30.07.2021 EU4Business supports the Georgian vehicle inspection firm to reach more drivers 28.07.2021 Major Georgian fashion brand expands online market 27.07.2021 Moldova’s tourism jump-starts with unusual new projects 12.07.2021 Livestock breeders in Moldova benefit from PARE 1+1 09.07.2021 Women in Moldova get a really “sweet” deal from the EU 08.07.2021 Major fashion label brings Georgian style to PFW 29.06.2021 Navne saves and expands business amid the pandemic with EU and EIB Group support 03.06.2021 Georgian biotech company to increase production of sustainable veterinary antibiotic alternative with EU and FAO support 03.06.2021 Read more Covid-19 Information Support Centre for SMEs by EU4Business 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 of tomorrow. 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 and exclusion. International Organizations World 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 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 the European Union. Local websites: Armenia Azerbaijan Belarus Georgia Republic of Moldova Ukraine Old version Cookies Privacy Notice © 2016-2021 EU4Business subscribe Cookies This site uses cookies to offer you a better browsing experience. Find out more I refuse cookies I accept cookies