1. 14-15 July, Constanta, Romania
SME Development National Center of Armenia
Enterprise Europe Network Correspondence Center in Armenia
Management Meeting
14-15 July, Constanta, Romania
Lilit Apujanyan
International Cooperation Programs Coordinator
SME DNC of Armenia

2. SMEs in Armenia 2009 Share of SMEs in GDP – 42.5%
Share of SMEs in total number of enterprises %
Share of SMEs in employment – 42.2%
Share of SMEs in Export – 17.4%

3. Dynamics of SMEs contribution to GDP in 2002-2009

4. NEW THRESHOLDS IN ARMENIA
Headcount:
Annual Work
Unit (AWU)
MEDIUM
SMALL
MICRO
Enterprise
category
Annual
turnover
balance
sheet total
< 250
< 50
< 10
≤ 1500 mln AMD
Eq. to 3 mln Euro
≤1000 mln AMD
Eq. to 2 mln Euro
≤ 500 mln AMD
Eq. to 1 mln Euro
≤ 100 mln AMD
Eq. to 200
thousands Euro or or or or

5. SME DNC of Armenia
“Small and Medium Entrepreneurship Development National Center” Fund (SME DNC of Armenia) was established by the decree of the Government of the RA in 2002.
SME DNC of Armenia is the first national structure in Armenia called to implement state support to small and medium entrepreneurship (SME) and programs directed to development of the sector, as well as to ensure a dialogue between small and medium enterprises, government and other structures.
The Board of Trustees is the supreme governing body of the SME DNC of Armenia, the members of which represent several government structures and public organizations advocating the interests of SMEs.

6. Regional network of the SME DNC of Armenia
10 regional branch offices
2 representative offices

7. SME DNC of Armenia Objectives
Increasing the efficiency and competitiveness of SMEs
Ensuring availability of business development services for SMEs
Expanding the financing opportunities for SMEs
Providing technical and financial support to start up and operating SMEs
Encouraging external economic activities of SMEs
Expanding the opportunities for doing business in Armenia

8. Technical assistance
Start –up support
Information and Consulting
Business training
Sales promotion

9. Financial assistance
Seed capital
Loan guarantees
Interest rates subsidizing
Equity financing

10. SME DNC web-site www.smednc.am

11. Enterprise Europe Network Coorespondence Center in Armenia
since 2008

12. Objectives of the Network
Provision of Information and practical advice on market opportunities, European legislation and policies relevant to a company sector.
Supporting Armenian SMEs to find suitable business partners, to carry out the negotiations and endorse cooperation agreements.
Upgrading knowledge and business skills of Armenian SMEs for doing business in European Single market.
Development of the research and innovation capacities of Armenian SMEs, fostering technological cooperation.

13. Objectives of the Network
Provision of specialized advisory services to SMEs have identified as mature for establishment of transnational cooperation or already engaged in negotiation phase in terms of co-financing of consulting services, as well as provision of financial support via loan guarantees, seed capital, interest rate subsidizing and equity financing schemes.
Publication of series of brochures, simplified business manuals on general and product specific requirements for exporting to EU countries.

14. Enterprise Europe Network
SME DNC web-site
Enterprise Europe Network
45 countries
600 local partner organisations
4000 experienced staff

15. SME DNC web-site www.smednc.am Enterprise Europe Network General Info
Services
Staff
BCD
BBS
Events
News
News and Events Subscription

16. BCD Business Cooperation Database

17. BLACK SEA TRADNET Lilit Apujanyan - Coordinator
Violeta Virabyan- Program officer
Lilit Hayrapetyan - Technical Responsible

18. Thank You For Your Attention
Lilit Apujanyan
Fund “Small and Medium Entrepreneurship
Development National Center of Armenia”
Enterprise Europe Network Correspondence Center in Armenia
Tel.: ( )
Fax: ( )
URL: