PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

603670

Primary Business Area

Other

Disclosure Date

Dec 22, 2020

Country

Armenia

Region

Europe

IFC Approval Date

Jun 29, 2020

Status

Completed

Estimated Total Budget

$1,200,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Jan 13, 2024

Project Estimated Start Date

Jul 1, 2020

Project Estimated End Date

Jun 30, 2023

Project Description

The project aims to improve the economic outcomes of women entrepreneurs in Armenia by improving their business competencies and access to business network. The project will support two groups of beneficiaries – emerging female entrepreneurs and established WSMEs and will result in: (1) strengthened business and soft-skills of up 200 women entrepreneurs, (2) increased capacity of two intermediaries (e.g., Armenian Young Women Association and Small and Medium Entrepreneurship Development National Center) to deliver women entrepreneurship support programs, (3) additional funding raised for at least 50 female led firms, and (4) increased revenues of at least 50 women emerging entrepreneurs and SMEs.

Development Results

E&S Risks / Impacts and Mitigation