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How to start a business in Armenia? “Investment Support Center” consults the investors

29.01.2021

How to invest in Armenia, where to go for consultation? One can get the answers to all the questions in the “Investment Support Center” foundation. It helps both new and old companies to develop their business.

"Investment Support Center" was founded in early 2020 with the aim of servicing foreign and local enterprises, investors, that is, accompanying them all the way, from the first moment of contacting us to the moment they start their business in Armenia, including post-investment service. We also have a toolkit that involves proactive attraction of foreign investors, - said Levon Hovhannisyan, CEO of the “Investment Support Center”, and continued, - I would like to note that this is a free service, and as I said, we have a post-investment service. It is not necessary that we are contacted to provide this service, we will have an aftercare product, within which we will visit existing foreign investors, and it is not at all necessary that they have any problems. They will be our focus, our team will assign appropriate account managers to deal with specific investors.”

This foundation is the first contact for foreign and diaspora investors. They can get first-hand information about the investment environment and business opportunities in Armenia.

“I believe that in the current situation it is necessary to mobilize the professional potential of the Armenian diaspora for the development of the Armenian economy. I believe that well-known entrepreneurs and specialists can become the representatives of the ISC, becoming a bridge between our center and representatives of the business communities of their countries” - said Alina Yeghiazaryan, Head of the Trade and Economic Relations Department of the “Investment Support Center”.

The “Investment Support Center” Foundation published an investment map of the regions, according to which one can study in which region and which sphere it  is more favorable to invest.

“The post-investment support and investor support team of the “Investment Support Center” Foundation provides services to both local and foreign investment companies with the foreign capital. We work with all government agencies, we are a bridge between the investor and the state, therefore investments are made smoothly, since we identify the problems that arise during the implementation of the investment program and try to find solutions to these problems. Investment programs are being implemented in agriculture, food industry, tourism, in particular in the construction of hotels, construction and industry (manufacturing). We have Armenian investors from the diaspora who want to implement their investment programs in Armenia in the above mentioned spheres” - said Gohar Galyan, head of the post-investment support group of the “Investment Support Center”.

In order to be closer to the investor, to give quick consultations, the "Investment Support Center" has offices in the capital and regions. The center is currently at the stage of rebranding and will soon be presented as Enterprise Armenia.