Social and Economic Inclusion for Vulnerable Women in Armenia

Category

Ongoing Projects

About This Project

Immediately after the end of the 44-day war, throughout 2021, the Armenian Fund for Sustainable Development, in cooperation with its partner organisations, provided support to more than 1,000 people displaced from Artsakh, as well as the families of 50 servicemen who were killed during the war.

Concerned about the socio-economic situation of vulnerable families affected by the war, the Armenian Fund for Sustainable Development in partnership with Saint Sarkis Charity Trust and Association Arménienne d’Aide Sociale has launched a new socio-economic inclusion project which started in January 2022.

The project consists of the following stages:

“Start-up stage” during which participants will acquire basic labour market knowledge and entrepreneurial skills, which will subsequently help facilitate their transition to the vocational training or business creation stage.

“Vocational training and orientation stage”, during which participants will acquire a new profession or improve their knowledge in order to find a job or start a small business in the future. In addition to the training courses, participants will also receive individual advice specific to the sector of activity.

“Business creation stage”, where participants will present their business ideas, develop a business plan and apply for a grant of up to AMD 1 500 000.The submitted projects will be examined and evaluated by the commission of the Armenian Fund for Sustainable Development. The commission has the right to reject or approve the submitted projects.

Funded projects will be monitored for 6 months.

As part of the project, it is planned to finance 30 vocational trainings and creation of 15 small businesses.