• ABOUT US
    • History
    • Our Team
    • Advertising
    • Subscription
  • CONTACT US
Georgia Today
No Result
View All Result
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
No Result
View All Result
Georgia Today
No Result
View All Result

EU Launches EU4Business Information Portal to Support Small Businesses

by Georgia Today
March 5, 2021
in Business & Economy
Reading Time: 2min read
EU Launches EU4Business Information Portal to Support Small Businesses

Photo: European Union

The European Commission has launched a new EU4Business portal that provides information on the scope of EU support to small- and medium-sized businesses in Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine.

The central page of the portal gives an overview of how the program works, and additional six-country pages in local languages provide entrepreneurs with up-to-date information on exactly how they can benefit from the EU4Business initiative.

“The COVID-19 crisis is a real challenge for businesses in the region. It is essential we invest in the private sector – especially small- and medium-sized enterprises, which are the backbone of our partner countries’ economies – in order to build back better. Doing so, we support the creation of jobs and opportunities for citizens across the Eastern Partnership,” said Lawrence Meredith, Director for Neighbourhood East and Institution-Building, DG NEAR, European Commission.

In the past year, the EU increased its support to the private sector in the Eastern Partnership countries to help them deal with the consequences of the COVID-19 pandemic. EU4Business helps to mobilize additional funding for companies together with international financial institutions, and assists businesses with getting better access to existing loan facilities.

Based on the most recent EU4Business annual report, over 78,000 companies received assistance under the initiative in Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine in 2019.

“Via the new website, we provide information for different audiences, such as SMEs, donor organizations that we cooperate with, and specific institutions in each country that help promote the support,” EU4Business Team Leader Mark Hellyer explains.

Tags: businesseconomyEUportal
ShareShareTweet

Related Posts

WizzAir Resumes Regular Flights from Kutaisi Airport
Business & Economy

WizzAir Resumes Regular Flights from Kutaisi Airport

April 18, 2021
Overview of Key Source Markets for Tourism in Georgia
Newspaper

Overview of Key Source Markets for Tourism in Georgia

April 15, 2021
Inflation of Trust
Newspaper

Inflation of Trust

April 15, 2021

Recommended

No Content Available

Navigation

  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • International
  • Where.ge
  • Newspaper
  • Magazine
  • GEO
  • OP-ED
  • About Us
    • History
    • Our Team
    • Advertising
    • Subscription
  • Contact

Highlights

Goletiani: Street Rallies Will Continue unless Our Demands Are Met

Georgian Dream Signs EU Mediator Danielsson’s Compromise Document

Registration for the Second Dose of ‘Pfizer’ Opens in Georgia

MIA: Attacker on Bank Took 7 People Hostage

Goletiani: Meeting with Gov’t Reps Must Be Public

Telephone Conversation Takes Place Between President of Georgia and President of Ukraine

Trending

No Content Available
  • Where.ge
  • Newspaper
  • GEO
  • Magazine
  • Old Website

2000-2021 © Georgia Today

No Result
View All Result
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • International
  • Where.ge
  • Newspaper
  • Magazine
  • GEO
  • OP-ED
  • About Us
    • History
    • Our Team
    • Advertising
    • Subscription
  • Contact

2000-2021 © Georgia Today