The Armenian Development Agency (ADA) was established in 1998 by the Government of the Republic of Armenia to facilitate foreign direct investments and promote exports. ADA acts as "one-stop shop" agency for investors assisting them in setting up their business in Armenia, helping in project implementation, performing a liaison role with the Government, providing information on investment opportunities in the country, as well as investment related regulations and laws. In its export promotion activities ADA helps to find markets for products, undertakes market studies and seeks out partners for joint ventures aimed at increasing the volume of exports and development of Armenian enterprises. ADA also organizes international conferences, business-forums, trade fairs and exhibitions. The Armenian Government considers ADA as the main national intermediary for bridging gaps between policy development and implementation and the public and private sectors. The Chairman of the Board of ADA is the Prime Minister of the Republic of Armenia.
"Small and Medium Entrepreneurship Development National Center" Fund (SME Development National Center of Armenia) was established by Government of Armenia in 2002. SME Development National Center is authorized to provide state support to small and medium entrepreneurship (SME) in the country. The support is provided through implementation of annual SME State Support Programs with resources allocated from State budget. SME Development National Center of Armenia is governed by Board of Trustees headed by the Minister of Economy. SME Development National Center of Armenia carries out its activities through the well developed network of regional branches and representative offices covering all marzes of Armenia coordinated by the central office in Yerevan. Since 2002 thousands of SMEs benefited from various support programs designed for start-up and operating companies.
ProSME is a project of The German Agency for Technical Cooperation (GTZ) in Armenia carried out by PEM Consult GmbH, Düsseldorf by order of the Federal Ministry of Economic Cooperation and Development. The goal of the project is the sustainable promotion of the development of small and medium enterprises (SME) in Armenia, so that this sector justifies its role of the main employer and economic stimulator.
Enterprise Incubator Foundation is a joint effort of the Government of Armenia and the World Bank to assist the local Information Technology sector by providing a comprehensive package of business, training, and facility services. The main objectives are: promoting Armenian enterprises and increasing their competitiveness in the global market place; improving access of local firms to knowledge and information on best practices and experience; building linkages with business and research communities in key technology markets; improving managerial and professional capabilities of Armenian companies Fostering the formation of start-ups and their further development; creating new channels for attracting foreign direct investment to Armenia.
The Armenian High Tech Council was formed to promote and support the creation and development of technology-based businesses in Armenia. Its mandate is to utilize the collective expertise of its membership to support and enhance the success of companies in the software and high tech sector in Armenia.
Enterprise Development and Market Competitiveness (EDMC) is a five-year USAID funded project, launched in October 2011. The goal of the project is to ensure sustainable economic growth in Armenia through supporting the development of small and medium-size enterprises (SMEs), increasing employment, promoting export and income growth.
Counterpart International began working in Armenia in 2001 with a focused portfolio of its Community and Humanitarian Assistance Program (CHAP), supported by the US Department of State.
In 2004 the US Agency for International Development (USAID) awarded Counterpart a five-year cooperative agreement to begin implementation of he Civic Advocacy Support Program (CASP).
Information Technologies Development Department
Information society formation and e-governance department.
The Eurasia Foundation (EF) is a grant-making and operating foundation focusing on civil society, public administration and policy, and private enterprise development. Through grants and projects, EF works in Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, the Kyrgyz Republic, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, and Uzbekistan. Operating in Armenia since 1995, the EF implements reform and development projects in the following programmatic areas: Private Enterprise; Public Administration and Policy; and Civil Society.
Founded in 1944, the World Bank Group is one of the world's largest sources of development assistance. The Bank, which provided US$17.3 billion in loans to its client countries in fiscal year 2001, is now working in more than 100 developing economies, bringing a mix of finance and ideas to improve living standards and eliminate the worst forms of poverty.
The World Information Technology and Services Alliance (WITSA) is a consortium of 67 information technology (IT) industry associations from economies around the world. WITSA members represent over 90 percent of the world IT market. Founded in 1978 and originally known as the World Computing Services Industry Association, WITSA has increasingly assumed an active advocacy role in international public policy issues affecting the creation of a robust global information infrastructure.