“Small and Medium Entrepreneurship Development National Center” Fund (SME Development National Center of Armenia) was established by the 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 the implementation of annual SME State Support Programs with resources allocated from the State budget.

Since 2002 thousands of SMEs benefited from various support programs designed for start-up and operating companies.

SME Development National Center of Armenia’s activities are targeted at:

• Ensuring a dialogue between SMEs and state 
• Increasing efficiency and competitiveness of SMEs
• Ensuring the availability of business development services for SMEs 
• Expanding the financial opportunities for SMEs
• Promoting innovations and R&D activities of SMEs
• Assistance for the establishment of new SMEs
• Supporting internationalization of SMEs’ activities

MISSION

VISION

To be a milestone in the sustainable development of small and medium entrеpreneurship, providing comprehensive and targeted support.

VALUES

The main values of the Small and Medium Entrepreneurship Development National Center of Armenia are:

• Transparency,
• Professionalism,
• Accessibility,
• Initiatives,
• Teamwork.