Washington, DC – Armenian National Committee of America Chairman Raffi Hamparian thanked U.S. Senators Robert Menendez (D-NJ) and Ted Cruz (R-TX) for their leadership in seeking the unanimous consent of their Senate colleagues to immediately adopt S.Res.150 – the Armenian Genocide Resolution.
The EU and the European Bank for Reconstruction and Development (EBRD) have provided up to €16 million to support the launch of the Amber Capital EU-Armenia Small and Medium-Sized Enterprises (SME) Fund. This new private equity fund seeks to raise a total of €70 million to invest in SMEs in Armenia.
As of August this year, the new Business Centre for Innovations, created in the framework of pioneer project “EU for Sevan: SME platform for Business Development and Innovation”, is fully operational. The creation of the Centre was implemented under EU's Mayors for Economic Growth (M4EG) initiative.